Microsoft’s acquisition of Activision is poised to challenge Sony’s console market leadership and establishes a bridgehead for Microsoft in the $90 billion mobile gaming sector. Analysts predict that Sony's response will likely involve a strategic shift towards mobile gaming. The year 2024 is set to be pivotal for media giants Disney, Warner Bros. Discovery, Comcast, and Paramount, who are facing a reckoning after losing over $5 billion in 2023 due to their streaming services built to rival Netflix. In India, upcoming deals with Disney and Sony are expected to make consumer reach more challenging and costly, as they compete with tycoon Mukesh Ambani.
Disney and Sony deals looming in India may make it harder and more expensive to reach consumers, writes @andymukherjee70. They will have to compete with billionaire businessman Mukesh Ambani https://t.co/7S9j2wzOhk via @opinion
Disney, WBD, Comcast, and Paramount face a year of reckoning in 2024 after losing $5B+ in 2023 from the streaming services they built to compete with Netflix (Financial Times) https://t.co/oIvY8ptgVI 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/L8sxTX03sf
On @Breakingviews: Microsoft’s Activision deal threatens Sony’s console lead. But it also establishes a bridgehead for the US firm in the $90 billion mobile game space. Next year could be a good time for Sony to plug in too, says @olivertaslic https://t.co/xWZAuKnQcW #BVPredicts
Microsoft’s Activision deal threatens Sony’s console lead. But it also establishes a bridgehead for the US firm in the $90 billion mobile game space. Next year could be a good time for Sony to plug in too, says @olivertaslic https://t.co/RZuwc0tHhy #BVPredicts https://t.co/QiVl39LaBv
From Breakingviews - Sony Activision riposte will involve mobile gaming https://t.co/VbDMAWwedR https://t.co/VbDMAWwedR