Analyst Joost van Dreunen argues that Xbox is being “reverse acquired” by Bethesda and (especially) Activision, which have better publishing expertise.
Audio-focused publisher Podium Entertainmenthas been acquired by private equity firms Flexpoint Ford and Shamrock Capital from Presidio Investors. Music rights investor GoldState Music made a minority investment alongside the two lead buyers. Terms were not officially disclosed, but the Wall Street Journalreported the deal is valued at more than $400 million.
