-0.000293187577223485 -0.00129840212770414 -0.000910975686372946 -0.000188477728215064 -0.000418839396033567 0.000691085003455511 0.00217084458964215 0.00221984879897804
Sign Up Today X
Thanks for submitting the form.
Stockreport

EA's $55 Billion Sale Price Reflects Gaming's "Place In Modern Entertainment," Xbox Boss Says [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
One of the biggest pieces of news in gaming this year was EA's announcement that it was selling itself for $55 billion to investors including Saudi Arabia. The announcement of the deal has sent shockwaves through the gaming world, and now Head of Xbox Game Studios Matt Booty has commented on the deal, saying the price tag reflects how big video games have come in the global media landscape. "Games have really become a foundational part of entertainment," Booty told Variety . "And as such, I think we're seeing these valuations and transactions that really reflect their place in modern entertainment." The price of the sale "reflects the value that exists in all of" the gaming IP that EA owns, including Madden, FC, and The Sims, Booty said. "I'm certainly not [a mergers and acquisition] expert, but I would look at the value of the transaction really being about the forward-looking value of the IP and the stories and what they've created, even more so than necessarily, the static o [Read more]
IMPACT SNAPSHOT EVENT TIME: MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
MSFT alerts
from News Quantified
MSFT
NEWS
MSFT
Earnings
MSFT
Analyst Actions
MSFT
SEC Filings
Stockreport

EA's $55 Billion Sale Price Reflects Gaming's "Place In Modern Entertainment," Xbox Boss Says [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
One of the biggest pieces of news in gaming this year was EA's announcement that it was selling itself for $55 billion to investors including Saudi Arabia. The announcement of the deal has sent shockwaves through the gaming world, and now Head of Xbox Game Studios Matt Booty has commented on the deal, saying the price tag reflects how big video games have come in the global media landscape. "Games have really become a foundational part of entertainment," Booty told Variety . "And as such, I think we're seeing these valuations and transactions that really reflect their place in modern entertainment." The price of the sale "reflects the value that exists in all of" the gaming IP that EA owns, including Madden, FC, and The Sims, Booty said. "I'm certainly not [a mergers and acquisition] expert, but I would look at the value of the transaction really being about the forward-looking value of the IP and the stories and what they've created, even more so than necessarily, the static o [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS