By Brody Ford
Microsoft Corp. said it has a binding agreement to keep the Call of Duty franchise on the Sony PlayStation platform as its planned acquisition of Activision Blizzard Inc. appears closer to completion.
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The announcement Sunday of a deal with Sony Group Corp. from the Redmond, Washington-based software giant seeks to address regulators’ concerns that the merger would make more Activision games — such as the massively popular shooting-game franchise — exclusive to Xbox.
“We are pleased to announce that Microsoft and @PlayStation have signed a binding agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard,” Microsoft gaming chief Phil Spencer said on Twitter.
The deal is for 10 years, a Microsoft spokesperson said. Microsoft inked a 10-year deal last year with Nintendo Co. Ltd. for the availablility of Call of Duty.
A path for the largest-ever gaming deal to close was cleared Friday when an appeals court denied a Federal Trade Commission bid to pause the acquisition.
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The main remaining hurdle comes from the UK Competition and Markets Authority, which has agreed to give Microsoft an unprecedented second chance to come up with a remedy after vetoing the merger in April on concerns about the deal’s impact on the cloud gaming market.
Microsoft has offered to sell the cloud-based market rights for games in the UK, Bloomberg reported last week.