The video game developer and publisher Activision Blizzard closed the second quarter of the year with a net profit of 587 million dollars, which represents an increase of 109 % compared to the same quarter of 2022, according to the income statement published this Wednesday by the company.

Billing between April and June increased by 34.2 %, to stand at 2,207 million dollars, including a 71 % growth in product sales, up to 520 million dollars, while microtransactions within games and subscriptions accounted for revenue of 1,687 million dollars, 25.9 % more.

In this way, in the first six months of the year, the multinational obtained a net profit of 1,328 million dollars, 96.7 % more than in the first half of 2022, while sales totaled 4,590 million dollars, 34.5 % more.

“While we remain concerned about the economy and increasing industry competition, we remain focused on the long-term opportunities ahead and completing our merger with Microsoft,” said Bobby Kotick, CEO of Activision Blizzard.

In this sense, the company has announced an agreement with Microsoft to extend until October 18 the deadline for the closing of its purchase by the Redmond giant in exchange for 69,000 million dollars, which was initially scheduled for July 18.

Source: dpa

(Reference image source: Alexander Cifuentes, Unsplash)

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The Japan Fair Trade Commission (JFTC) has approved Microsoft’s acquisition of Activision Blizzard, as it sees no indication that competition in the video game industry may be affected by this transaction.

Several organizations worldwide studied the impact that this economic movement could have for Xbox’s main competitor, PlayStation, which alleges that a monopoly could be given with the purchase.

One of them has been the Competition and Markets Authority of the United Kingdom (CMA), which a few days ago acknowledged in an update of its preliminary conclusions that it did not consider that this acquisition could substantially affect competition in relation to video games. consoles in the country.

Now it has been the JFTC that declared that, after reviewing this economic agreement between the video game developer and the American manufacturer, it has come to the conclusion “that it is unlikely to result in a substantial restriction of competition in any commercial field in particular”.

According to this organization, “there are competing businesses and games that are distributed in digital format, so it is unlikely that there will be a shortage in supply capacity,” it qualified in a document detailing the results of the review on the integration of Microsoft and Activision Blizzard.

Japan would thus be the fifth market that approves the agreement established between the Microsoft developer and Activision Blizzard, along with Saudi Arabia, Brazil, Chile and Serbia.

Source: dpa

(Reference image source: file)

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Microsoft Communications Director Frank Shaw has accused Sony of giving information that is “nothing further from the truth” to European regulatory authorities in Brussels about Call of Duty parity if the Xbox maker buys Activision. Blizzard.

Microsoft reached an agreement at the beginning of 2022 with the video game developer Activision to carry out its purchase for around 60.3 billion dollars. Since then, Sony, the maker of Xbox’s main competitor platform, has spoken out against this acquisition, alleging that it could result in a monopoly for Microsoft in the video game sector.

Sony also stresses that this purchase could endanger the maintenance of the games published by Activision Blizzard on PlayStation. Games like Call of Duty, one of the most successful of this developer and of the video game industry.

However, Microsoft confirmed in December last year that it was offering Sony a contractual agreement to keep the Call of Duty franchise available on the Japanese manufacturer’s console for ten years. This agreement would be part of an attempt by Microsoft to avoid blocks from the competent regulatory bodies in several countries, which are currently investigating the purchase of the developer. Among them, the United States and the European Union.

Now, Shaw said, Sony has been informing authorities in Brussels that Microsoft “is not willing to offer them Call of Duty parity” if they acquire Activision Blizzard, to which he has responded that “nothing could be further from the truth.” and has been referred to the contract offered to Sony.

“We have made it clear that we have offered Sony a ten-year contract to give them parity in time, content, functions, quality, gameplay and any other aspect of the game,” Microsoft’s director of Communications said on Twitter.

Source: dpa

(Reference image source: Alexander Cifuentes, Unplash)

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