Microsoft Offers Sony a 10-Year Deal for Upcoming Call of Duty Titles on PlayStation: Report
Microsoft has offered Sony a 10-year contract so that each new version of Call of Duty will be available on PlayStation the same day it is released on Xbox, according to an opinion piece published Monday in the Wall Street Journal by a Microsoft executive. . Sony games chief Jim Ryan said in September that Microsoft’s earlier offer to keep Activision Blizzard’s popular game series on PlayStation for three years after the current deal expires was insufficient.
Xbox maker Microsoft’s latest offer to Sony comes as it faces heightened regulatory scrutiny of its $69 billion (roughly Rs. 5,67,500 crore) takeover deal for Activision Blizzard.
The offer, made in January, has drawn regulatory headwinds in the European Union, Britain and the United States, with Sony criticizing the deal and even calling for a regulatory veto.
Last month, EU regulators launched a full-scale investigation into Microsoft’s deal and warned of the deal’s impact. “The Commission’s preliminary investigation shows that the transaction is likely to significantly reduce competition in the markets for the distribution of console and PC video games, including multi-game subscription services and/or video game streaming services. cloud gaming, and for PC operating systems,” the European Commission said in a statement at the time.
The deadline for the European Commission, which is investigating the deal, to draw up a formal list of competition concerns known as a statement of objection is in January. Providing remedies before such a document is issued could shorten the regulatory process.
Reuters reported last month that Microsoft’s remedy would primarily consist of a 10-year licensing deal with PlayStation owner Sony.
The deal was cleared unconditionally in Brazil, Saudi Arabia and Serbia.
“The main potential anti-competitive risk allegedly raised by Sony is that Microsoft would stop making Call of Duty available on the PlayStation. But that would be economically irrational,” Microsoft Chairman Brad Smith said in the WSJ opinion piece. .
Microsoft also said on Monday it was raising prices for new Xbox games to $70 (around Rs 5,000) from $60 (around Rs 4,000) from 2023, according to a company spokesperson.
© Thomson Reuters 2022