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Jim Ryan Believes Sony’s $3.6 Billion Acquisition of Bungie Can Give Them “More Than a $69 Billion” Deal Between Call of Duty Publisher Activision and Microsoft

Published 09/23/2023, 11:07 AM EDT

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After a long wait, Microsoft’s team finally took a sigh of relief this month. UK’s regulator CMA (Competition and Markets Authority) has now provisionally approved the company’s $69 billion deal with Call of Duty publisher Activision Blizzard Inc. Yes, it’s yet to be fully confirmed but now it seems more than likely that the deal will go through – probably by next month. However, a recently surfaced reaction from PlayStation boss Jim Ryan on this expected merger is something one can’t ignore now.

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It seems like Microsoft’s record-setting deal with Activision hasn’t really overwhelmed Jim Ryan. He has expressed his views while commenting on the developments related to the biggest gaming-based merger in history. Is he supporting Sony’s acquisition of Destiny 2 studio Bungie over the Microsoft-Activision deal?

Jim Ryan’s opinion on the Microsoft Activision deal is raising eyebrows!


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A popular user, known for sharing reliable intel based on games and publishers, took to X (formerly Twitter) to drop crucial news. And it seems like PlayStation CEO Jim Ryan is not too phased by the Activision deal. In fact, he believes Sony’s acquisition is more valuable.

Mr. Ryan has said that Sony’s $3.6 billion deal to acquire Destiny 2 developer Bungie is going to be more profitable for PlayStation. And that it’s better than investing $69 billion. “In terms of deployment of Sony’s capital, when you look at $69 Billion dollars for Activision compared to $3.6 Billion dollars for Bungie, we believe that Bungie can give us way more than a $69 Billion acquisition of Activision,” reads the post while quoting Jim Ryan.


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The comment was made in a Q&A held with investors back in 2022 when asked about the Microsoft-Activision deal. Jim Ryan explained that he believed Sony could get a lot more in return from the Bungie deal. While he stated this, he did say, “And that’s before considering the relative value of that particular transaction.”

Interestingly, Microsoft had bought Bungie back in 2000, which was marked with Halo’s release. However, a week after the successful launch of Halo 3, the developers announced their split from Microsoft.


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It’s no secret that Jim Ryan wasn’t in favor of the proposed acquisition of Activision by Microsoft. In a surprising turn of events, however, he eventually agreed to a 10-year deal with Microsoft in July 2023. Early speculations are hinting that the deal will go through by October 18th if everything goes well. The deal has already been approved in several markets such as The EU, Japan, China and more. And as part of the 10 year deal, COD titles will remain available on PlayStation.

What to expect from Activision’s Call of Duty: MWIII in 2023?

Modern Warfare III is going to reveal multiple surprises upon its debut on November 10. For the first time, there will be Zombies inside the MW sub-series. Players will receive an open-world mode based on a PvE format. It will require them to loot items and make successful extraction in the end while fighting hordes of the undead. Along with that Call of Duty lovers will be gifted a treat of nostalgia as well from MWII! Fans will be able to enjoy 16 remastered maps based on 2009’s Modern Warfare 2 installment. Oh, and don’t forget the Carry Forward feature. It will enable the players to keep their purchased cosmetics and bundles from MWII.


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Modern Warfare III will be Activision’s premium offering after last year’s MWII. And the game will continue the single-player story of its existing predecessor. All things considered, 2023 looks to be a crucial year for Activision – both in terms of its Microsoft deal and the next Call of Duty. The publisher will definitely hope to complete its acquisition. Along with that, it will also make sure that the next COD turns into a monstrous hit, similar to 2022’s FPS release.

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Written by:

Mintu Tomar


One take at a time

Mintu Tomar is a senior eSports writer at EssentiallySports, whose passion for video games is unmatched. With an impressive portfolio of over 1900 articles, Mintu is an expert in the coverage of Call of Duty. His extensive knowledge of the industry and insightful commentary have earned him the respect of many prominent figures, including actors, podcast hosts, and other important individuals in the gaming world.
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Edited by:

Ananya Giri