Microsoft to Buy Activision-Blizzard
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Back in the day, video game makers earned their money a quarter at a time, through coin slots at arcades in malls across America. How times have changed.
On Tuesday, Microsoft agreed to pay $70 billion in cash for gaming giant Activision Blizzard, asserting its weight in a highly competitive market that generated $155 billion in revenue in 2020 — more than the music and movie industries combined.
Source Fool.com
