Microsoft and Xbox have just announced the biggest acquisition (non-mobile category) in the video game industry's young history, agreeing to purchase ZeniMax Media (including subsidiaries like Bethesda and id) for a cool US $7.5 billion.
But with such a big step even bigger questions abound.
What will happen to titles like The Elder Scrolls, Fallout, Wolfenstein, DOOM, Quake, and Starfield?
To titles slated for timed-release on Sony's PlayStation 5 (PS5) like Deathloop and Ghostwire?
What are the implications for Gamepass?
And what will a gaming industry where Microsoft is willing to throw around some significant portion of that trillion dollar market capitalization wind up looking like?
Some will say this spells Doom, but we think the Fallout will be far more positive...in Virtual Legality.
#MS #Zenimax #Bethesda
Discussed in this episode:
"China's Tencent Buys Control of Clash of Clans Maker for $8.6 Billion"
Bloomberg - June 21, 2016
"Microsoft to Buy Bungie? When is a Denial Not Really a Denial? (VL314)"
YouTube Video - September 15, 2020 - Hoeg Law
"Pressing Pause on Microsoft/WB Games Rumors (VL259)"
YouTube Video - July 6, 2020 - Hoeg Law
"Welcoming the Talented Teams and Beloved Game Franchises of Bethesda to Xbox"
Xbox News Blog - September 21, 2020 - Phil Spencer
"Microsoft to Acquire ZeniMax Media and Its Game Publisher Bethesda Softworks"
PR Newswire - September 21, 2020
"Sony purchased Insomniac Games for $229M"
Polygon - February 10, 2020 - Ryan Gilliam
"EA just spent $400 million to make sure the next big 'Star Wars' game actually comes out"
Business Insider - November 10, 2017 - Ben Gilbert
"Xbox Game Pass hits 10 million subscribers"
The Verge - April 29, 2020 - Jacob Kastrenakes
Federal Trade Commission (FTC) Website
"TODD HOWARD ON JOINING XBOX"
Bethesda News Blog - September 21, 2020
"WHY MICROSOFT IS THE PERFECT FIT"
Bethesda News Blog - Pete Hines - September 21, 2020
"Microsoft buying Bethesda and Zenimax for $7.5bn"
Eurogamer - September 21, 2020 - Tom Phillips
"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.
Joe Ellis (Logo Design)
Chris Leroux (Motion Graphics)
For more information: contact Chris at @Chrisleroux on Twitter.
PODCAST VERSIONS ALSO AVAILABLE
The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.