"It's Hard To Say" - Xbox Boss Isn't Sure The Activision Blizzard Deal Has Paid Off 1
Image: Activision

Remember when Microsoft bought Activision Blizzard for $68.7 billion, and everyone assumed that Xbox would become the dominant force on the back of franchises like Call of Duty?

It hasn't quite played out like that; since the merger was done, Xbox hardware sales have slumped. Microsoft has also made multiple rounds of layoffs across its business, including Xbox Game Studios. Thousands of roles have been lost, and several studios have been closed down.

There are many positives to take from the deal, of course, but it's fair to say that it hasn't quite been the home run many people had anticipated when it was first announced.

You can see, then, why it's so tempting to ask the (relatively new) Xbox CEO, Asha Sharma, for her opinion of the deal, given that we're a few years down the line.

Speaking at Bloomberg Tech 2026 (thanks, Game Developer), Sharma was asked just that – and didn't really give the reply you might expect:

"I don't know anybody in entertainment who wouldn't want Call of Duty, which is now grossing in more revenue than [the] Marvel Cinematic Universe; who wouldn't want one of the top three apps in the world in Candy Crush; who wouldn't want World of Warcraft; who wouldn't want a team that for 20 years has been able to create predictable hits every single year.

I love Activision Blizzard King. Look, it was bought at a time before ChatGPT. It was bought at a time when our strategy was predominantly on the core consoles. It was a time when we were right in the middle of COVID. So it's hard to say how to think about those decisions, but I think these are incredible assets and we continue to invest in them."

[source gamedeveloper.com]