Microsoft and Activision Blizzard: the latest news on the acquisition

Ubisoft has renamed its monthly subscription service Ubisoft Plus and is combining the old pricing tiers (Multi-Access and PC Access) into one package dubbed Ubisoft Plus Premium. The new plan will allow players to play games on Xbox, PC, and Amazon Luna and is priced at $17.99. 

Premium members will get day one (and occasionally early) access to new releases, as well as their pick of premium editions, DLC, and monthly awards. If you already subscribe to PC Access, you’ll keep your plan as is, and you can continue to pay the old monthly fee of $14.99. 

Microsoft president Brad Smith wasn’t happy with the UK’s Competition and Markets Authority (CMA) last year after the regulator blocked Microsoft’s giant Activision Blizzard deal. Now that Microsoft has restructured its deal and won approval in the UK, Smith has kinder words for the CMA, describing the regulator as “tough and fair” in an interview with BBC Radio 4’s Today program.

Smith originally criticized the CMA and said confidence in the UK had been “severely shaken” after the regulator moved to block Microsoft’s $68.7 billion deal in April last year. He called it the “darkest day” for Microsoft in its four decades of working in Britain and went a step further, saying “the European Union is a more attractive place to start a business” than the UK.

Activision Blizzard CEO Bobby Kotick is stepping down officially December 29th. Microsoft has not appointed a direct replacement and instead has rolled the suite of Activision Blizzard executives — including Blizzard president Mike Ybarra, Activision publishing president Rob Kostich, and Activision Blizzard vice chair Thomas Tippl — under Microsoft’s game content and studios president Matt Booty.

Kotick’s departure comes just two months after some big Xbox leadership changes that saw Sarah Bond promoted to Xbox president, leading all Xbox platform and hardware work, and Matt Booty promoted to president of game content and studios, including overseeing Bethesda and ZeniMax studios. Now Booty is getting even more responsibilities with Bethesda, Activision Blizzard, and Xbox Game Studios all under his watch.

A California regulator has settled its blockbuster lawsuit that alleged a culture of sexual harassment at Activision Blizzard. Now under the ownership of Microsoft, the gaming company will pay about $54 million as part of the settlement, according to a press release from California’s Civil Rights Department (CRD).

The CRD (formerly known as the Department of Fair Employment and Housing or DFEH) filed this lawsuit in July 2021, alleging that Activision Blizzard had a “frat boy” culture where women were subject to sexual harassment and gender-based discrimination. Following the suit, employees walked out, executives including then-Blizzard president J. Allen Brack and Blizzard’s former SVP of HR left the company, and, months later, The Wall Street Journal reported that CEO Bobby Kotick had known of sexual misconduct allegations for years.

Microsoft’s giant Activision Blizzard deal is complete, and it means Ubisoft has now obtained cloud streaming rights for Call of Duty, all other current Activision Blizzard games, and any coming over the next 15 years. It was a key concession from Microsoft that helped get the deal over the line with UK regulators. But what does it all mean?

Ubisoft will now control where Call of Duty and other Activision Blizzard games show up on cloud gaming services, with the exception of EU countries and the various cloud gaming deals Microsoft signed previously. If you live in a country that’s part of the European Economic Area (EEA) — which includes EU countries and also Iceland, Liechtenstein, and Norway — then you’ll get a free license to stream via “any cloud game streaming services of their choice” all current and future Activision Blizzard PC and console games that you have purchased.

Now that the Microsoft acquisition is complete, Bobby Kotick, the CEO of Activision Blizzard, is set to leave the company after the end of this year.

In an email sent to employees and published on Activision Blizzard King’s website, Kotick wrote that he’s excited about the future of the company under the bright green Xbox umbrella. He also wrote that in order to facilitate a smooth transition, he intends to stay on temporarily as CEO of ABK, reporting to the CEO of Microsoft Gaming, Phil Spencer.

Microsoft just finalized its giant $68.7 billion deal to acquire Activision Blizzard earlier today. Xbox chief Phil Spencer has now welcomed Activision Blizzard King employees to Xbox in an internal memo to all of Microsoft’s full-time employees today.

“We couldn’t be more excited that Activision Blizzard employees are our colleagues, co-workers, and teammates,” says Spencer. “Bobby Kotick has agreed to remain in his role through the end of 2023, reporting directly to me, to ensure a smooth and seamless integration. We look forward to working together as a unified team and we will share more updates on our new organizational structure in the coming months.”

Microsoft has finalized its $68.7 billion deal to acquire Activision Blizzard, the publisher of Call of Duty, World of Warcraft, and Diablo. The Verge exclusively reported last week that Microsoft was planning to close today, and now it’s official. The acquisition required 20 months of battles with regulators in the UK and US, but Microsoft has closed its Activision Blizzard deal after defeating the Federal Trade Commission in a US federal court and restructuring the deal to appease the Competition and Markets Authority (CMA) in the UK.

“We love gaming. We play games, create games, and know first-hand how much gaming means to all of us as individuals and collectively, as a community. And today, we officially welcome Activision Blizzard and their teams to Xbox,” says Xbox chief Phil Spencer. “As one team, we’ll learn, innovate, and continue to deliver on our promise to bring the joy and community of gaming to more people. We’ll do this in a culture that strives to empower everyone to do their best work, where all people are welcome, and is centered on our ongoing commitment of Gaming for Everyone.”

Microsoft’s $68.7 billion deal to acquire Activision Blizzard has been approved by UK regulators. The UK’s Competition and Markets Authority (CMA) has concluded that the deal can proceed after Microsoft recently restructured the deal to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. The decision clears the way for the deal to close now that the UK regulator has given the green light.

“The CMA has decided to give Microsoft Corporation (Microsoft) consent to acquire Activision Blizzard, Inc. (Activision) (the Parties) excluding Activision’s cloud streaming rights outside of the European Economic Area (EEA) (the Merger) subject to the condition that the sale of Activision’s cloud streaming rights completes prior to completion of the Merger,” reads a statement from the CMA.

Microsoft is planning to finalize its $68.7 billion proposed acquisition of Activision Blizzard next week. A source familiar with Microsoft’s plans tells The Verge that the company is eyeing up Friday October 13th as the closing date where it announces to the world that the 20-month process to buy Call of Duty maker Activision Blizzard is over.

That date will still depend on the UK’s Competition and Markets Authority though, a regulator that blocked Microsoft’s deal earlier this year. Microsoft recently restructured the deal to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft, and the Xbox maker secured preliminary approval from the CMA late last month as a result.

The UK’s Competition and Markets Authority (CMA) has given preliminary approval for Microsoft to proceed with its $69 billion Activision Blizzard deal. The CMA had originally blocked the acquisition over cloud gaming concerns, but Microsoft recently restructured the deal to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. In a memo to employees (included below), Xbox boss Phil Spencer called it “a positive development and a welcome indicator that our hard work is bringing us closer to our goal.”

“The CMA considers that the restructured deal makes important changes that substantially address the concerns it set out in relation to the original transaction earlier this year,” the CMA said in a press release, and “opens the door to the deal being cleared.”

Microsoft is restructuring its proposed Activision Blizzard deal to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. The transfer of rights is designed to appease regulators in the UK that are concerned about the impact Microsoft’s proposed $68.7 billion deal will have on cloud gaming competition. The restructured deal has triggered a new regulatory investigation in the UK that could last until October 18th.

“To address the concerns about the impact of the proposed acquisition on cloud game streaming raised by the UK Competition and Markets Authority, we are restructuring the transaction to acquire a narrower set of rights,” says Microsoft president Brad Smith. “This includes executing an agreement effective at the closing of our merger that transfers the cloud streaming rights for all current and new Activision Blizzard PC and console games released over the next 15 years to Ubisoft Entertainment SA, a leading global game publisher. The rights will be in perpetuity.”

Surprising absolutely no one, Activision Blizzard has announced the latest Call of Duty game.

Posts today from developer Sledgehammer Games and the official Call of Duty accounts confirmed Modern Warfare III (not to be confused with 2011’s Modern Warfare 3, of course) will launch on November 10th.

Bethesda’s popular Doom, Quake, and Wolfenstein games are making their way onto the GeForce Now cloud gaming service this month, Nvidia announced in a blog post. While Nvidia didn’t reveal the specific titles in each franchise (although the post teases an image of Wolfenstein: The New Order), you must have the Ultimate or Priority membership to get access when they drop.

The new additions are the first Bethesda titles available for streaming on GeForce Now and stem from a 10-year agreement between Nvidia and Microsoft, which owns Bethesda, that brings Xbox PC games onto the platform. Microsoft made the deal as part of its efforts to appease regulators as it moves closer to acquiring Activision Blizzard. The new Bethesda game additions come after the launch of GeForce Now’s new Ultimate tier in January that lets subscribers play games that are remotely rendered on “SuperPOD” servers running RTX 4080-class graphics cards.

The Federal Trade Commission (FTC) is suspending its administrative challenge (PDF) seeking to block Microsoft from buying Activision Blizzard. The FTC had taken a two-pronged approach against the $68.7 billion deal, filing this case last December that was scheduled to go before its own administrative judge on August 2nd.

The other part was its pursuit of a temporary restraining order and preliminary injunction that would have stopped Microsoft closing its deal while the FTC’s administrative process continued. A US federal judge denied the injunction request earlier this month, and an appeals court also turned down its request to put an emergency hold on the deal. The FTC is still appealing the preliminary injunction denial, though.

Microsoft and Activision Blizzard have agreed to extend their merger agreement pending the outcome of negotiations with UK regulators. Both parties will now have until October 18th to finalize the transaction, after missing yesterday’s original deal deadline.

“The recent decision in the US and approvals in 40 countries all validate that the deal is good for competition, players, and the future of gaming,” tweeted Lulu Cheng Meservey, Activision Blizzard’s CCO and EVP of corporate affairs. “Given global regulatory approvals and the companies’ confidence that CMA now recognizes there are remedies available to meet their concerns in the UK, the Activision Blizzard and Microsoft boards of directors have authorized the companies not to terminate the deal until after October 18.”