It has been public knowledge for a few months now that Microsoft was in the process of buying Zenimax Media, a parent company of Bethesda Softworks. The deal tabled by the global conglomerate was a staggering $7.5 billion, making this one of the biggest gaming acquisitions in history.
However, this deal was still under review by the US and European Commission. Well, we are happy to inform you that the deal has been given the green light and Microsoft are now the proud owners of Zenimax Media. This deal could change the landscape of gaming forever. Microsoft, the company who produces Xbox consoles, now owns a number of globally recognized and beloved gaming franchises.
They now hold the rights to games such as: The Elder Scrolls, Fallout, Doom, Wolfenstein, Prey, Dishonored and the upcoming title Starfield. It’s quite a list of truly iconic game series. Hence the high price tag.
Given the Green Light
While this deal was always likely to go through, there was a bit of a worry that this deal would fall through due to financial competition regulations. Regulations that aim to avoid monopolization of the industry. However, after an investigation by both the US and European Commission, the deal stands. Here is what the commission had to say:
“The European Commission has approved, under the EU Merger Regulation, the acquisition of ZeniMax Media Inc. by Microsoft Corporation, both of the US.”
“The Commission concluded that the proposed acquisition would raise no competition concerns, given the combined entity’s limited market position upstream and the presence of strong downstream competitors in the distribution of video games. The transaction was examined under the normal merger review procedure.”
What Does This Mean?
The whole gaming world, with emphasis on PlayStation owners, are wondering what implications this deal will bring. During the early stages of this deal, Xbox’s Phil Spencer was quick to quell any reports of exclusive titles because of this. He even confirmed that the timed exclusive Deathloop, being produced by Zenimax Media, would still be exclusively available on PlayStation.
However, it seems that since this time, Xbox has decided to U-turn on this approach. Phil Spencer has since stated that “some games will be exclusives.” We still don’t know what these will be. However, many people feel that it would be foolish of Microsoft to not make the most of their new purchase.
This would mean that games like Fallout, TES6 and Starfield could all be Xbox only. A scary thought for anyone championing the PS5 this generation. We suppose only time will tell.
Well, that’s our news on the done deal between Zenimax Media and Microsoft. What do you make of the news? How do you think the exclusivity deals will play out? Would this be enough to make you buy an Xbox? Let us know in the comments section below and as always, thank you for reading.