Sony Shares Fall By 7% Following Microsoft's Activision Blizzard Acquisition

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No one can deny Microsoft acquiring Activision Blizzard will create significant changes in the gaming industry. While the merger's yet to formally go through, even now, Sony's already feeling it.

As reported by PSU, Sony shares fell 7% following news of this acquisition. While numerous Activision Blizzard franchises are currently available on PlayStation like Diablo, Overwatch, Tony Hawk, Call of Duty, Crash Bandicoot, and Spyro, there's no guarantee that'll remain this way in the future.

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Sony Shares Fall By 7% Following Microsoft's Activision Blizzard Acquisition

Other news centring around this acquisition suggests Activision Blizzard CEO Bobby Kotick might be leaving once the deal's complete. That comes from a Wall Street Journal report, mentioning that their sources believe Kotick won't stay with the company once the deal passes, which is estimated to be complete around June 2023.

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Neither Microsoft or Activision Blizzard have confirmed this planned resignation yet, nor have they shared full plans about which games will become Xbox exclusive in the future. Make sure to follow us for more gaming news and updates as it happens.