Last Update: December 06, 2022, 08:32 AM IST
Xbox maker Microsoft’s latest offer for Sony comes as it faces regulatory scrutiny over its $69 billion buyout deal for Activision Blizzard. (Reuters)
Microsoft’s solution will primarily involve a 10-year licensing deal with Playstation owner Sony.
Microsoft has offered Sony a 10-year contract to make each new “Call of Duty” release available on the Xbox the same day, according to an opinion piece from a Microsoft executive in The Wall Street Journal on Monday.
Sony’s gaming chief Jim Ryan said in September that Microsoft’s first offer was insufficient to keep the popular game series made by Activision Blizzard on PlayStation for three years after the current deal expires.
Xbox maker Microsoft’s latest offer for Sony comes as it faces regulatory scrutiny over its $69 billion buyout deal for Activision Blizzard.
The proposal, made in January, has attracted regulatory hurdles in the European Union, Britain and the United States, with Sony criticizing the deal and even seeking a regulatory veto.
Reuters reported last month that Microsoft’s solution would primarily involve a 10-year licensing deal for PlayStation owner Sony.
“The main potential competitive risk that Sony faces is that Microsoft will stop making ‘Call of Duty’ available on PlayStation. But it would be economically irrational,” Microsoft President Brad Smith said in a WSJ opinion piece.
Microsoft also said Monday that it is raising the prices of new Xbox games from $60 to $70 starting in 2023, according to a company spokeswoman.
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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)