Analysis: Sony launches Game Pass counterattack with subscription service upgrade
Sony Group Corp’s (6758.T) revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft’s rival Game Pass, although holding back new releases may dampen enthusiasm, analysts say.
Sony to buy ‘Destiny’ videogame developer Bungie in $3.6 bln deal
Sony Interactive Entertainment (6758.T) will acquire Bungie Inc, the original creator of the “Halo” videogame and developer of “Destiny”, in a deal valued at $3.6 billion, making it the latest in a wave of consolidations sweeping the gaming sector.
U.S. FTC to review Microsoft’s $68.7 bln deal for Activision – Bloomberg News
The U.S. antitrust review of Microsoft Corp’s (MSFT.O) $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard Inc (ATVI.O) will be handled by the Federal Trade Commission (FTC), Bloomberg News reported late on Monday, citing a person familiar with the matter.
Sony slides on ‘monumental challenge’ from Microsoft gaming deal
Shares in Japan’s Sony Group (6758.T) fell 9% on Wednesday after gaming rival Microsoft (MSFT.O) said it will buy developer Activision Blizzard (ATVI.O) in a record $68.7 billion deal for the industry.
