Sony CEO's Private Email Contradicts Public Stance On Microsoft's Activision Blizzard Deal: "It Is Not An Exclusivity Play"
Portfolio Pulse from Franca Quarneti
A private email from Sony Interactive Entertainment's CEO Jim Ryan contradicts Sony's public arguments against Microsoft's proposed acquisition of Activision Blizzard. Ryan expressed confidence that Call of Duty would continue to be available on PlayStation and that the deal was not an exclusivity play.
June 25, 2023 | 8:28 pm
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NEUTRAL IMPACT
Sony CEO's private email contradicts the company's public stance on Microsoft's Activision Blizzard deal, potentially affecting Sony's credibility.
The private email from Sony's CEO contradicts the company's public arguments against Microsoft's acquisition of Activision Blizzard. This may cast doubt on Sony's credibility, but the overall impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Sony CEO's private email supports Microsoft's proposed acquisition of Activision Blizzard, potentially increasing the likelihood of the deal's approval.
The private email from Sony's CEO contradicts Sony's public arguments against Microsoft's acquisition of Activision Blizzard and supports Microsoft's position. This may help Microsoft secure approval for the acquisition, potentially benefiting Activision Blizzard's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Sony CEO's private email supports Microsoft's proposed acquisition of Activision Blizzard, stating that the deal is not an exclusivity play.
The private email from Sony's CEO contradicts Sony's public arguments against Microsoft's acquisition of Activision Blizzard and supports Microsoft's position. This may help Microsoft secure approval for the acquisition, potentially benefiting the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80