Take-Two Boss On Microsoft Buying Activision Blizzard: “It’s A Good Thing”

0

In an interview with Sharon Waxman, Take-Two Interactive CEO Strauss Zelnick came out in favor of the upcoming Microsoft-Activision merger.

Around seven minutes into the interview, when asked whether he thought the merger would close, Zelnick replied, “I can’t really predict what the regulators will do, we’re certainly of the belief it’s a good thing for Microsoft and for the industry.” Waxman immediately asked for clarification and Zelnick responded by framing Microsoft and Take-Two’s relationship as not entirely competitive.

Emphasizing Take-Two and Microsoft’s different businesses, Zelnick said, “It’s a highly fragmented business, there’s plenty of creativity to go around. Microsoft is an ally of ours and if this makes their business more powerful we think that’s good for us.” Waxman pushes back by stating Activision is a software company, which would theoretically cut in on Take-Two’s business.

Zelnick responds by affirming the ability of Take-Two’s products to stand alone: “If we create great hits, which is our business, the consumers will show up. No one can take that away from us.” From a business perspective at least, Zelnick has a point. Take-Two publishes GTA, NBA2K, BioShock, and Civilization, among others. These are massive properties with different, although overlapping, audiences with Activision Blizzard and Microsoft. Nevertheless, try telling struggling indie developers that “every title stands alone.”

The products discussed here were independently chosen by our editors.
GameSpot may get a share of the revenue if you buy anything featured on our site.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Gaming News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment