The metaverse, gaming, and the future entertainment economy
That is the title of Game Hub member Santeri Suominen's article. Maybe you caught it somewhere in the news, all these acquisitons that are happening in the gaming industry. Bungie will be part of Sony and Microsoft closed a deal with Activision for a historical sum of money. These huge waves and shifts in the industry triggered Santeri from Helsinki XR Center to write an essay. In this essay, Santeri speculates what kind of changes the recent big acquisitions in the digital entertainment space might implicate for the future of the metaverse.
You read his full essay over on the website of Helsinki XR Center.
Here is a snippet for you to enjoy:
"Sony is acquiring Bungie in a hefty deal. Microsoft’s historical announcement about the acquisition of Activision, which is over five times a larger deal than the second largest deal in history and just about as large as 29 of the next largest deals in history COMBINED, really makes one wonder why now is the right time to make such moves. Gaming is larger than ever, yes, and there must have been extensive practical reasons – but the definitive answer looms somewhere on the horizon, as it does with any major groundbreaking deal. The future of the digital world is aggressively transformed by moves like this, and the race for it quite strikingly resembles a new kind of space race – but where the colonizable soil is something that has to be made first in order to be claimed."
