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Edited by: ShooklynTV: https://twitter.com/ShooklynTV

Written by: Lawrence Sonntag & Brian Gaar:
https://www.twitch.tv/briangaar

Sources --
[Wikipedia] List of mergers and acquisitions by Embracer Group -
https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Embracer_Group
[ShackNews] Embracer Group's recently failed $2bn deal was reportedly
with Saudi PIF-backed Savvy Gaming -
https://www.shacknews.com/article/136651/embracer-group-2-billion-usd-deal-savvy-gaming
[Eurogamer] Embracer Group layoffs hit Tomb Raider developer Crystal
Dynamics -
https://www.eurogamer.net/embracer-group-layoffs-hit-tomb-raider-developer-crystal-dynamics
[The Verge] Saints Row developer Volition permanently shuts down -
https://www.theverge.com/2023/8/31/23854126/volition-shuts-down-embracer-group-saints-row
[WCCFTech] Microsoft May Exit Gaming Business If Game Pass Subscribers
off Console Don’t Increase Enough by 2027 -
https://wccftech.com/microsoft-may-exit-gaming-business-if-game-pass-subscribers-off-console-dont-increase-enough-by-2027/
[GamesIndustry.biz] Most Xbox Game Pass subscribers pay full price -
https://www.gamesindustry.biz/most-xbox-game-pass-subscribers-pay-full-price
[Twitter, Timur222] Xbox Game Pass has over 30 million members. -
https://twitter.com/bogorad222/status/1702663536374153552
[TweakTown] Microsoft misses Xbox Game Pass subscription growth target
by 44% -
https://www.tweaktown.com/news/89175/microsoft-misses-xbox-game-pass-subscription-growth-target-by-44/index.html
[VG247] Game Pass can't sustain $120M games until it has 500M
subscribers, says former PlayStation boss Shawn Layden -
https://www.vg247.com/shawn-layden-game-pass-subscription-sustain-120-million-usd-aaa-games
[TweakTown] Xbox profits revealed in new FTC leak -
https://www.tweaktown.com/news/93375/xbox-profits-revealed-in-new-ftc-leak/index.html
[CNBC] Sony posts record annual profit boosted by chips and all-time
high PlayStation 5 sales -
https://www.cnbc.com/2023/04/28/sony-earnings-playstation-5-sales-hit-all-time-high-profit-hits-record.html
[The Verge] Microsoft’s Activision Blizzard deal gets preliminary
approval from UK regulator -
https://www.theverge.com/2023/9/22/23885176/microsofts-activision-blizzard-uk-cma-preliminary-approval
[Morningstar] Activision Blizzard: Sale to Microsoft Will Likely Close
in October -
https://www.morningstar.com/stocks/activision-blizzard-sale-microsoft-will-likely-close-october
[SEC.gov] ACTIVISION BLIZZARD ANNOUNCES FOURTH QUARTER AND 2022
FINANCIAL RESULTS -
https://www.sec.gov/Archives/edgar/data/718877/000162828023002422/atvi123122ex991prtables.htm
[Final Weapon] Phil Spencer: “Nintendo Is THE Prime Asset for Us in
Gaming” -
https://finalweapon.net/2023/09/19/phil-spencer-nintendo-is-the-prime-asset-for-us-in-gaming/
[IGN] Capcom Boss Would ‘Gracefully Decline’ Any Microsoft Buyout Offer -
https://www.ign.com/articles/capcom-boss-would-gracefully-decline-any-microsoft-buyout-offer
[The Verge] This is Microsoft’s new disc-less Xbox Series X design with a
lift-to-wake controller -
https://www.theverge.com/2023/9/19/23880111/microsoft-xbox-series-x-new-design-refresh
[X, Phil Spencer] https://twitter.com/XboxP3/status/1704233222752571842
[CNET] Microsoft pulls a 180, reverses Xbox One always-on DRM and used
games policy -
https://www.cnet.com/tech/tech-industry/microsoft-pulls-a-180-reverses-xbox-one-always-on-drm-and-used-games-policy/



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