Take-Two CEO Strauss Zelnick says Microsoft's acquisition of Activision Blizzard is a good move for the video games industry.
Microsoft's pending acquisition of Call of Duty , Diablo and Overwatch 2 publisher Activision Blizzard is being thoroughly investigated by regulators across the world. And while we wait for the official approvals of this deal, Xbox's biggest competitor Sony are doing everything they can to block the deal.
Take-Two CEO Strauss Zelnick said he's in favour of Microsoft's acquiring Activision Blizzard since that would be a good move for the video games industry.
When asked about the potential impact that the acquisition will have on the industry, Zelnick told The Wrap the following:
"It's hard to know. I can't really predict what the regulators will do. We're certainly of the belief that it's a good thing for Microsoft and the industry. We're in favour," Zelnick said.
"This is a highly fragmented business. There's plenty of room for creativity to grow around. Microsoft is an ally of ours and if this makes their business more powerful, we think that is good for us."
It appears that Sony are pretty much the only company that is strongly against the merger which is not surprising given that Call of Duty alone brings in a ton of money to PlayStation through in-game purchases.
Whether or not regulators take Sony's concern into account or not, it remains to be seen but it does look like some regulators don't care that much about protecting a single company.