FTC v. Microsoft: all the news from the big Xbox courtroom battle
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Financial models for Bethesda and Activision Blizzard.
The FTC and Tim Stuart are now discussing financial models for the Bethesda acquisition and Activision Blizzard. For both, Tim Stuart assumed no major changes in platform strategy.
The model for the Bethesda deal assumed there would be “non-Xbox platform revenue.” The FTC lawyer then says Activision required a financial revision, but Stuart doesn’t remember. The FTC brings up an updated forecast from Activision in January 2022, arguing it’s not a small revision. Not clear what triggered the updated forecast, but perhaps a game cancelation or delay. Stuart says it’s “relatively small” in the grand scheme of a 10-year model.
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