Gaming News

Disney Continues Its Monopoly Of Entertainment, Investors Keen On Buying Activision Blizzard

Disney’s monopoly on entertainment as a whole isn’t as far fetched as it may seem. They have annihilated countless companies in all forms of entertainment. Their live-action The Lion King remake is their fourth film to surpass $1 billion. It joins the likes of Marvel’s Avengers: EndgameAladdin and Captain Marvel. This time, a Disney investor has reportedly recommended buying Activision Blizzard, suggesting that esports should be the next outlet of entertainment they conquer.

Activision Blizzard is, of course, the developers who created Overwatch and the later Call of Duty games such as Modern Warfare 3 and Black Ops II.

Although we think Disney is literally conquering the entire world of entertainment, Blizzard obtaining the Star Wars licensing could be for the better. Then again, Disney dominating yet another industry as a whole probably isn’t good. Activision’s stock price has been dropping, and according to PC Gamer, Gerber Kawasaki Inc. thinks the company could be bought out in the near future.

The good news is that Activision is currently valued at $37 billion, according to PC Gamer. Although that may seem like a reach for Disney, it’s most definitely possible. They paid for the Star Wars right for just $4 billion.

According to Bloomberg, Nick Licouris of Gerber Kawasaki Inc. said that this is as better time as any for Disney to inquire about buying Activision. Gerber Kawasaki Inc. currently owns $22 million of the Disney shares, combined with their $4.3 million in shares with Activision.

Like
Like Love Haha Wow Sad Angry
Tyler Pence

Recent Posts

‘Dead Or Alive’ Returns: New Game Announced for Franchise’s 30-Year Anniversary

Fans of the long-running fighting series Dead or Alive finally have some good news. A…

15 minutes ago

How ‘High On Life 2’ Makes You Play the Joke, Not Just Hear It

High on Life 2 is the latest comedic FPS game from Squanch Games, released last…

1 day ago

‘Poppy Playtime – Chapter 5’ Mangles Itself Into Stores Now

Mob Entertainment has released the fifth installment in its sleeper-hit saga, Poppy Playtime. Titled "Broken…

2 days ago

‘Slay The Spire 2’ Ventures Into Early Access On March 5

Last month, Slay the Spire developer Mega Crit treated its fans to the reveal of…

3 days ago

Be The Very Best Once More With ‘Pokémon Red’ & ‘Pokémon Green’ Remakes

The Official Pokémon YouTube Channel released a trailer announcing remakes for the pioneering games of…

4 days ago

Two New Spouses, Smarter Kids Coming to Stardew Valley 1.7

Stardew Valley's newest update aims to make the game "a little more interesting." The 1.7…

5 days ago