I'm guessing they bought the IPs, not the studios. They already have studios.
this post was submitted on 10 May 2024
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Microsoft is buying up companies to stockpile IP. Simple as that.
Then they have a lot of redundant workers so they let them go, leaving the IP in their hands to be filed away for potential lawsuits against infringers.
Microsoft is buying up companies to stockpile IP. Simple as that.
And then they do nothing with that.
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yEAh right
Seems like a cheap way to get rid of the competition.
Market consolidation resulting in less of a desire to compete with innovation? Who would've thought.
its clear in hindsight that there needs to be more regulation to prevent buyouts of competitors and more protections for workers under buyouts/mergers such as paying workers for at least 3 years after the sale of a company.
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Stonks go up. The meat must grind. Also, everyone who's left is fired.