Call of Duty’s Activision Blizzard Actually Made Microsoft and Xbox Lose Money Last Quarter, and It’s Nothing to do With the $69B Price Tag Either
Follow us on Google News Get the latest updates directly in your Google News feed The acquisition of Activision Blizzard by Microsoft was a significant move in the gaming industry. Despite the $68.7 billion deal, it was expected to bring more revenue with promises like Call of Duty on Game Pass. But the recent financial report has shown a twist. In the fourth quarter of FY24, the company reported an operating loss of $570 million from the acquisition, even though the acquisition generated $1....