Microsoft Corp. said it will give Ubisoft Entertainment SA the cloud streaming rights for all of Activision Blizzard Inc.’s console games released in the next 15 years in order to placate regulators reviewing its $69 billion deal for the Call of Duty maker.
Under the arrangement, French gamemaker Ubisoft will get exclusive worldwide rights to stream Activision titles and non-exclusive streaming rights in the European Economic Area, after Microsoft’s deal for Activision is completed, the Redmond, Washington-based company said in a statement on Tuesday.
“Under the restructured transaction, Microsoft will not be in a position either to release Activision Blizzard games exclusively on its own cloud streaming service — Xbox Cloud Gaming – or to exclusively control the licensing terms of Activision Blizzard games for rival services,” Microsoft said in the statement.
Microsoft asked the UK regulator in July to reconsider its April veto on the grounds that the situation had “materially changed,” given the US court decision and a subsequent deal it reached to license Activision blockbuster title Call of Duty to rival Sony Group Corp. The divestiture proposal may obviate the need for the CMA to rule on that request.
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