The deal GameStop (NYSE: GME) negotiated with Microsoft (NASDAQ: MSFT) last week is apparently better than many people thought. While shares of the video game retailer got a big boost from the original announcement, which focused heavily on GameStop using the software giant's back-end solutions to better meet customer needs in the digital gaming era, largely unnoticed was a sentence saying both companies will "benefit from the customer acquisition and lifetime revenue value of each gamer brought into the Xbox ecosystem." According to website Ars Technica, the private equity firm spoke with GameStop directly, which confirmed the retailer "will receive a portion of the downstream revenue from any device we will bring into the Xbox ecosystem."
1 other references
Latest Stories From Referenced Companies
Content Recognition Market 2020 Growth Forecast by Manufacturers – Microsoft, Audible Magic, DataScouting, Beatgrid Media, Digimarc, Google, Gracenote, Shazam Entertainment, Enswers, Civolution, Clarifai, Nuance Communications, ACRCloud, Muffin, Viscovery, ArcSoft – PRnews Leader
Oct 30, 2020
Mobile App Development Platforms Market 2020 Growth Forecast by Manufacturers – SAP AG, Hewlett Packard, Appcelerator Inc., Kony Inc., Oracle, Salesforce.Com Inc., Verivo Software Inc., IBM, OutSystems, Inc., Adobe Systems, Inc., Microstrategy, Apple, Inc., Microsoft Corporation, Red Hat, Inc. – Aerospace Journal
Oct 30, 2020