All publications for 09.08.2022
Analyst expects Game Pass to reach 100 million subscribers if Microsoft’s acquisition of Activision Blizzard closes
Microsoft’s $68.7 billion acquisition of Activision Blizzard will likely close by the beginning of 2023. If this happens, the number of Game Pass subscribers might reach 100 million, an analyst believes.
Take-Two reports net loss of $100 million as Strauss Zelnik says “I don’t believe the entertainment business is recession proof”
Take-Two has released its first financial report after closing its acquisition of Zynga. Although the publisher’s revenue rose in the three months ended June 30, it posted a huge loss due to increased costs and macroeconomic factors.