It’s a busy time in the video game business, with two major console releases coming in November, and a blockbuster deal bringing new game studios under one company’s umbrella. Microsoft, maker of Xbox game consoles, and already the owner of many important game titles, paid $7.5 billion for ZeniMax Media, which in turn owns eight gaming studios. They include Texas-based Bethesda, id Software and Arkane. Meanwhile, the Xbox X console arrives in November, days after Sony’s next-generation console, the PlayStation 5.
Tech expert Omar Gallaga told Texas Standard the ZeniMax acquisition is “like when Disney bought Marvel and LucasFilms combined.”
What you’ll hear in this segment:
– Why Microsoft’s acquisition of ZeniMax matters
– What the acquisition could mean for other game franchises Microsoft owns
– Why the launches of Xbox X and PlayStation 5 have not gone well