During the announcement of the takeover of Activision-Blizzard by Microsoft yesterday, the stock market panicked. Stock traders have already started to bet on the next studios or publishers that could be taken over, betting big on Electronic Arts, CD Projekt or even Ubisoft, but in all of this, the one who benefited the least from this announcement is understood sony, who took a small dip.
Sony shareholders take fright
The Japanese Stock Exchange in Tokyo has obviously reacted a lot to yesterday’s historic takeover, and Sony shareholders have felt the tide turn. When the Stock Exchange closed, Les Echos reported that Sony’s stock fell nearly 12.8%, which would be equivalent to a loss of $20 billion in capitalization. This would not have happened for more than 6 years according to the site.
Such a fall which is easily explained, if only by the potentiality that call of duty be withdrawn from the PlayStation market, while the license is often the best-selling game on PlayStation platforms. However, this would not be Xbox’s strategy if we are to believe Phil Spencer and some echoes close to the matter, who claim that Activision games will continue to be released on PlayStation consoles in the future.
Remember that the deal between Activision-Blizzard and Microsoft is set to close by June 2023. By then and even after that, everything can still change.