What the numbers say: In April 2023, Activision Blizzard stood as the leading gaming firm in the U.S., boasting a market valuation of $67.06B, followed by Electronic Arts (EA). Roblox Corporation, once an independent gaming entity, went public on March 10, 2021, ending its debut trading day with a valuation surpassing $37B, outpacing many seasoned industry giants. Roblox Corporation holds the third position among the U.S.'s largest gaming companies, with a market capitalization of $24.5B. Impact: In a recent ruling, the U.S. appeals court cleared the way for Microsoft's $69B acquisition of Activision Blizzard. Last year, esports journalist Jacob Wolf reported that Activision Blizzard was owed around $400M in franchise fees. |
