According to more documents revealed during the ongoing legal court case between Microsoft and the Federal Trade Commission for the Activision Blizzard acquisition, Sony will release a new PlayStation 5 model that will cost $100 less than the Standard Edition and as much as the $400 PlayStation 5 Digital edition later this year. However, the power or specifications of the console was not revealed. Additionally, the company believes that a PlayStation 5 Pro console will be released “in the near future.”
The details via Microsoft:
“PlayStation likewise sells a less expensive Digital Edition for $399.99, and is expected to release a PlayStation 5 Slim later this year at the same reduced price point.”
“PlayStation, meanwhile, currently offers two different versions of the PlayStation 5—one with a Blu-Ray player for physical media (Standard) and one without (Digital)—and is anticipated to release further differentiated Pro and Slim models in the near future.”
Regarding the recent CMA block, Microsoft’s president Brad Smith said:
“We remain fully committed to this acquisition and will appeal. The CMA’s decision rejects a pragmatic path to address competition concerns and discourages technology innovation and investment in the United Kingdom.
We have already signed contracts to make Activision Blizzard’s popular games available on 150 million more devices, and we remain committed to reinforcing these agreements through regulatory remedies. We’re especially disappointed that after lengthy deliberations, this decision appears to reflect a flawed understanding of this market and the way the relevant cloud technology actually works.”
The European Commission’s comment regarding the deals recent approval in the EU:
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Activision Blizzard (‘Activision’) by Microsoft. The approval is conditional on full compliance with the commitments offered by Microsoft. The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current situation.
Today’s decision follows an in-depth investigation of the proposed acquisition of Activision by Microsoft. As always, the Commission has based its decision on hard evidence, and on extensive information and feedback from competitors and customers, including from game developers and distributors as well as cloud game streaming platforms in the EU.
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