Microsoft CEO Nadella says he has 'no love' for exclusive deals between game companies and consoles

  • 📰 CNBC
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Microsoft CEO Satya Nadella said in court on Wednesday that he doesn't believe in making games exclusive to particular consoles.

Nadella also acknowledges that, when it comes to gaming, Microsoft has challenges. Microsoft's cloud service, which is available in Game Pass Ultimate subscriptions, is "just not good enough" as a substitute for current platforms, he said.

Activision CEO Bobby Kotick is skeptical of multi-game subscription services in general. He said in court on Wednesday that his company has experimented with them, including working withKotick, whose company is based in Santa Monica, California, said he still wants to get the deal done with Microsoft even if he holds a differing opinion on subscriptions and whether they present a big opportunity.

"Maybe part of it is being in Los Angeles and having watched the big media companies move their content to these subscription streaming services, and the business results have suffered," Kotick said. Judge Jacqueline Scott Corley will decide if the FTC will receive a preliminary injunction that would stop Microsoft from closing the deal. Meanwhile, in the U.K., the Competition and Markets Authority moved to block the transaction"My board's view is if the preliminary injunction is granted, they don't see how the deal can continue," Kotick said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft CEO Satya Nadella set goal of $500 billion in revenue by 2030, court filing showsA court filing released on Monday showed that last year Microsoft CEO Satya Nadella provided a goal for his company's top-line financials through 2030.
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft CEO Satya Nadella to defend planned takeover of game-maker Activision Blizzard in courtMicrosoft CEO Satya Nadella is due in court Wednesday to defend the company’s proposed $69 billion takeover of video game maker Activision Blizzard against an attempt by federal regulators to block the deal.
Source: Mynorthwest - 🏆 438. / 53 Read more »

Microsoft CEO says he wants to end Xbox exclusives but blames SonyNadella blames Sony for defining the market with exclusives.
Source: verge - 🏆 94. / 67 Read more »