Morgan Stanley: Videogame makers winners if Amazon does cloud gaming
Seeking Alpha
Published Jan 14, 2019 06:16PM ET
Morgan Stanley: Videogame makers winners if Amazon does cloud gaming
- Big videogame publishers are the "clearest beneficiaries" of a purported Amazon.com (NASDAQ:AMZN) cloud-based streaming gaming service, Morgan Stanley (NYSE:MS) says.
- That's because barriers to entry for new players are lower for potential customers of Activision Blizzard (NASDAQ:ATVI), Electronic Arts (NASDAQ:EA), Take-Two (NASDAQ:TTWO) and Ubisoft (OTCPK:UBSFY), the firm says.
- And competition among potential distribution routes could give those companies leverage in talks.
- "Cloud gaming is coming" with the three biggest public cloud companies in the race, MS says, and the network presents a potential $24B profit opportunity for the content owners. (h/t Bloomberg)
- ETFs: GAMR, ESPO
- Related tickers: OTCPK:NTDOY, OTC:NCBDY, OTCPK:CCOEY, SNE, MSFT
- Now read: Amazon's Margins: What Will They Be In 2029?
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