More major game deals in ‘final stages of negotiations’

Massive acquisitions in the video game industry have continued in the new year, and Geoff Keighley teases that more are on the way.

goeff keighley no more major game deal sony final stages of negotiations

Sony’s purchase of destiny and Halo Developer Bungie this week is the latest in a recent trend of massively lucrative acquisitions of video game companies. Two weeks prior, Microsoft acquired Activision Blizzard for $68.7 billion, following Take-Two Interactive’s acquisition of Zynga for $12.7 billion.

These deals will effectively change the face of the industry with new publishers taking titles from a different platform, not to mention cross-platform deals or potential platform exclusivity that was previously unavailable. However, Geoff Keighley of The Game Awards and Summer Game Fest shared that Sony’s acquisition of Bungie may just be the first of many to take place this year.


RELATED: Sony Acquires Destiny 2 Developer Halo Creator Bungie

Keighley quotes “several people” when he states that “there are a few other big video game deals in the final stages of negotiations”. Because Keighley is such a veteran name in the industry, his claim gives him credit and can be backed up as credible information. Of course, this information has sparked speculation about what other acquisitions might be made this year. There are a number of different studios and developers whose names have since been added by fans, such as Konami, Capcom, and Square Enix.

No specific details were mentioned about which companies will be involved in future purchases, but recent reports claim that Sony has other acquisition deals currently in the works. Sony’s future acquisitions have reportedly been confirmed by PlayStation’s Jim Ryan, meaning two or more of the acquisitions made this year could add even more talent to the Sony conglomerate. Still, it’s unclear what other talent Sony is planning to buy.

Interestingly, Keighley seems to have some hesitation when it comes to these monumental developer and publisher acquisitions from Microsoft, Sony, and more. While all of these acquisitions are important to the companies involved, Keighley seems concerned about how it will ultimately affect games. He says he’s “on the fence” about the “general consolidation” of the industry and asks others what they think of the matter. Twitter user Clue is encouraging the idea as long as it “doesn’t damage existing titles/franchises/communities” when the dust settles.

The consolidation also gives fans the impression that the competition will stagnate, with Twitter user Another LED stating that “it will come down to a few big companies” who will eventually “control everything in the gaming industry”. While it’s not a sure doom, it does show that fans are growing increasingly concerned about the impact consolidation may have on games as well.

But at the same time, it’s equally exciting for fans whose favorite franchises and intellectual properties can now be in better hands. For example, Microsoft’s acquisition of Activision Blizzard may result in future payouts for Activision franchises that were left dormant under their former ownership. Nonetheless, Keighley and the fans hope the outcome will be positive for the players and businesses involved.

MORE: Comparing Sony and Microsoft’s Approach to Acquisitions and Exclusivity

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