20% upside if Microsoft’s Activision acquisition goes through. And if it doesn’t?

Ten months later, Microsoft is still having trouble getting their massive $69B Activision acquisition approved. The uncertainty has sent Activision trading 20% below the $95 acquisition price. The odds are stacking against Microsoft Activision is the creator of popular games like Overwatch, Call of Duty and Warcraft. Microsoft owns Xbox and other gaming studios. Combined,…

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Pokémon: Record Launch to PR Nightmare

The launch of the highly anticipated Pokémon sold a record 10M units — the highest of any Nintendo game release. Twenty-six years after the debut of their first Pokémon game, it has evolved into an open-world 3D concept. Millennials, remember playing on the OG Game Boy? But the game quickly became a PR nightmare as…

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The gaming industry slows as gamers disconnect back to reality

Gaming sales are falling as gamers disconnect and come back to reality — coupled with a pending recession impacting spending. What’s the big deal? Gaming companies just can’t catch a break. During COVID, they couldn’t meet high demand due to supply chain issues. Those issues are finally easing, but now gaming demand is falling. The…

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AppLovin proposes merger with Unity Software to create a full-stack game development giant

Yesterday, AppLovin (NASDAQ:APP) — proposed a merger with Unity Software (NYSE:U) in an all-stock deal — valuing Unity at $20B. What’s the big deal? Unity Software’s development tools help render 3D graphics — powering 50% of all video games. AppLovin helps developers grow and monetize their mobile apps. Combined, the two could create a $35B…

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Otherside, Yuga Lab’s metaverse world, gives off Fortnite vibes

Last weekend, Yuga Labs, the creators of its NFT project Bored Ape Yacht Club — hosted a demo of their metaverse project, Otherside — and it gives off Fortnite vibes. 4,500 community members tested the demo — showcasing a 4,500 vs. 1 boss fight. Leading up to the demo, Yuga Lab’s token ApeCoin ($APE) rose…

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Gaming acquisitions continue with Joffre Capital taking a major stake in Playtika

Private equity firm Joffre Capital is buying a 20% stake in Playtika (NASDAQ:PLTK) — an Israeli mobile gaming company — from a Chinese investment group. What’s the big deal? The purchase price was at a 46% premium compared to Playtika’s previous day’s closing price. But why pay such a big premium? It’s unlikely Joffre could…

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Chinese gaming giant NetEase falls on Diablo Immortal delay

Yesterday, two things sent China’s second-largest gaming giant NetEase (NASDAQ:NTES) lower: The delay of the highly anticipated China game launch of Diablo Immortal. Winnie the Pooh. What’s the big deal? China was expected to be the biggest market for the game — co-developed by NetEase and Activision Blizzard. NetEase is pushing the release to “optimise…

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The gaming industry is consolidating and there are similarities with streaming

While heavy-weight streaming services, Netflix and Disney+, fought for your attention over the weekend, the real threat lies in another dimension… Gaming. Gen Zs spend the most leisure time on gaming, and the majority are willing to spend money to play — stats that have caught the attention of tech and entertainment giants. Turning the…

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Move-to-earn: The next iteration of crypto-gaming pays users to exercise

Gaming has been one of the most prominent crypto applications — creating new gaming models. Axie Infinity popularized the concept of play-to-earn — earning crypto tokens for playing a game. Here’s where innovation is taking us next… The next iteration of crypto-gaming: move-to-earn …letting players earn crypto tokens for exercising. With over 300K users, STEPN…

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Microsoft buys the dip by acquiring Activision

Yesterday, Microsoft acquired Activision for $68.7B — sending its stock up 26%. What’s the big deal? This is the largest gaming acquisition ever — 5x more than the next largest by Take-Two acquiring Zynga last week for $12.7B. This may be one of the best outcomes for Activision investors amid sexual harassement lawsuits and employee…

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