Microsoft selling Activision Blizzard cloud gaming rights to Ubisoft

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Microsoft selling Activision Blizzard cloud gaming rights to Ubisoft
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Microsoft has announced that it plans to sell the cloud gaming rights for current and new Activision Blizzard games over the next 15 years to Ubisoft.

In its continued effort to appease the UK's Competition and Markets Authority to get the $69 billion Activision Blizzard deal across the line, Microsoft will sell the cloud gaming rights for Activision Blizzard games to Ubisoft. The rights will give Ubisoft control over the distribution of Activision Blizzard's console and PC games for the next 15 years, removing Microsoft's ability to make the games exclusive to Xbox Cloud Gaming.

"The agreement provides Ubisoft with a unique opportunity to commercialize the distribution of games via cloud streaming. The agreement will enable Ubisoft to innovate and encourage different business models in the licensing and pricing of these games on cloud streaming services worldwide," Microsoft president Brad Smith says.

Smith also says that its deal with Ubisoft has been"structured so that Microsoft will still acquire the rights needed to honor fully its legal obligations under its commitments to the European Commission, as well as its existing contractual obligations to other cloud game streaming providers, including Nvidia, Boosteroid, Ubitus, and Nware."that a new investigation will now be carried out for the restructured deal, with a statutory deadline of October 18.

“We’re dedicated to delivering amazing experiences to our players wherever they choose to play,” Ubisoft's senior VP of strategic partnerships and business development Chris Early said. “Over the past 15 years we’ve built and honed our online services and distribution ecosystem into one of the most complete in the industry. Today’s deal will give players even more opportunities to access and enjoy some of the biggest brands in gaming.

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