Hollywood still has time to avoid the gaming industry's disastrous consolidation endgame
The article draws parallels between Hollywood's historical consolidation and the current state of the gaming industry, highlighting the risks of fewer companies controlling more assets. It discusses the potential negative impacts of mergers, such as layoffs and reduced creative diversity, using examples like Microsoft's acquisition of Activision Blizzard and the proposed Paramount-Warner Bros. Discovery deal. California's lawsuit to block the latter merger is presented as a potential regulatory intervention.
- Entities
- Company: Disney
- Company: Microsoft
- Company: Amazon
- Company: Sony
- Company: Paramount Plus
- Person: Rob Bonta
- Topic: Gaming Industry
- Person: Larry Ellison
- Company: WB Games
- Topic: Layoffs
- Company: Activision Blizzard
- Person: David Ellison
- Company: DC
- Company: HBO Max
- Company: Skydance Productions
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