$Amazon.com(AMZN)$According to-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Amazon.com(AMZN)$According to GLHF sources, Amazon will announce today that it has put in a formal offer to acquire Electronic Arts (EA), the publisher behind Apex Legends ,FIFA, Madden, and more.

Rumors have been circling online for a few weeks about a potential EA buyout, with Apple, Disney, and Amazon listed as potential buyers. As per our sources, Amazon has finally made an offer.

It’s a smart business move from Amazon, which is also making big moves in television. After the success ofThe WitcherandArcaneon Netflix — both shows built around big video games — Amazon could potentially use EA’s franchises as settings for new shows.Mass Effect,Dragon Age,Dead Space— there’s plenty of potential in EA’s library for transmedia opportunities.

This news comes after a range of unprecedented acquisitions and consolidation in the video game space, with the biggest of them being Microsoft’s purchase of Acitivison Blizzard for $69 billion.

According to our sources, the announcement will be made later today. We’ve reached out to Amazon and EA for comment and will update you if we hear anything back.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

BlueDaisy
2022-08-27
BlueDaisy
Is it a good idea... Hmm...
Orange Peel
2022-08-27
Orange Peel
invest for Long...
b1uesky
2022-08-27
b1uesky
thk for sharing
Ethan23
2022-08-29
Ethan23
Great!
blankblank
2022-08-27
blankblank
Like
Tiongsquare
2022-08-27
Tiongsquare
Ok3

Leave a comment

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