breaking news on sony -- it is going to buy bungee for $3.6 billion.f you don't know it, bungee is the maker of halo -- a very popular videogame. a predecessor to call of duty in terms of the first-person shooter games. this, after we saw the big acquisition from microsoft. these videogame makers are in play for sure. that is a story we will follow for you as well. oil is also something that really caught my eye today. it's headed for the biggest january gain in at least 30 years, trading above $90 a barrel come on track for a 17% gain this month. -- a barrel, on track for a 17% gain this month. top banks and oil companies are saying price may soon pass $100 a barrel. the geopolitical situation on the border of ukraine is driving prices even higher. another move in the markets that's gotten investors' attention as the u.s. dollar, it is weaker today but had really been strengthening over the latter half of the past month. near levels we haven't seen since november of last year or the drop of 2020 in risk assets and the flight to safety in safe haven th

it is more about the software. >> i had a sony walkman as a kid and now i will have the sony drive-man. i talked to industry sources about the idea, when it comes to apple, no one doubts apple's expertise in software. software is a big part of the battery management system. this makes it efficient, it regulates heat flow. software is a big part of autonomous driving and the discussion around the future is whether any of us drive ourselves our own our own cars. what we doubt, apple has this integration that relies on third-party manufacturers build the iphone and assemble it from different parts. can it build vehicles? same for sony, the expertise in electronics might be transferable to cars. romaine: there is a bigger question about how you dominate the ev space. is it about being dominant in manufacturing and making batteries or is it about the software or some combination? i want to pose that to our next guest, michelle, executive analyst who spent years governing the global auto industry. this is an exciting time. seeing this transformation of the industry in real time, there is som

shares in sony fell substantially today, one point down almost 13%.iggest intraday drop since 2014 after microsoft announced a deal to acquire activision blizzard. the world's largest takeover since the start of the pandemic wrapped up his spending spree to secure game services. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus: thank you very much, juliette saly in singapore. coming up, u.s. bank earnings, it will discuss the disappointing results. this is bloomberg. ♪ manus: this is "daybreak: europe." dani burger is in london. we've just broken the news that the iraq-turkey pipeline is going to restart in the next hour. that's have a look at the oil price, no doubt about it the oil markets are lit up in terms of the next move. it's hard to find a bear out there in the markets at the moment. dani: so true. here will be my attempt at an elegant segway. the s&p 500, the only two sectors in the green so far are energy and u.s. banks.

s, but it was simply to show off sony's image, sensors and cameras. now the company moves from being a part supplier to being a manufacturer with its own. brent many here wonder with so many auto manufacturers already making inroads in the e v market. does sony really stand a chance? a lot of it has to do with technology. there's a lot of technology was in this cars, and so he has the advantage that they have a lot of the sensors and technologies that they have been building for many years for the cameras and everything else. so it gives them an advantage from that sense drinking of a different kind. as this 9 meter long reusable spacecraft at the c s, it's meant to carry people and equipment not only to the international space station, but also to new inflatable structures that can house humans in orbit something the companies sierra and visions building in the next decade. a hub in space where tourists can spend the holidays and where biomedical companies, for instance, could develop and produce drugs for people back on earth. space is no longer the

not trying to outsell sony. trying to get as many gamers signed up for a subscription service as it can, which would take away from sony's playstation business. haslinda: how much of a game changer is it for microsoft? how does it gain? why do regulars want to take a look? >> the antitrust issue is significant. assuming goes through, it makes microsoft a world number three games publisher behind tencent and sony itself. regulators will want to take a look and consider it. there is a move towards consolidation. activision itself said didn't see itself as large enough, which is striking considering how big it is. didn't think it was large enough to compete because game production across the rising company to consolidate. it is a big deal and signals's microsoft is a company that has great resources that can focus on this. a whole bunch of initiatives such as getting into electric vehicles, doing a plant in japan. it has a whole bunch of things it needs to invest resources into. haslinda: thank you. the third quart

the only surprise was the timing of this announcement, but the entire career has been at sony music orredecessor countries, with the exception of just two predecessor countries, with the exception ofjust two very short years in the early 19705. so what is it that is bringing that decision to say, ok, i am going to cash it in now. if you are at the top of the tree like bob dylan, the money willjust keep coming in anyway. bob dylan, the money will 'ust keep coming in anyway. indeed. i think keep coming in anyway. indeed. i think that _ keep coming in anyway. indeed. | think that is _ keep coming in anyway. indeed. i think that is sort _ keep coming in anyway. indeed. i think that is sort of _ keep coming in anyway. indeed. i think that is sort of the - i think that is sort of the point. 0n the recorded music side of the ledger, bob's, bob's recorded music has been doing about $16 million in revenue now for quite a long time. pretty good steady—state earnings to be chugging along here after, year after year. and i suppose, you know, bob, like any music creator, he has a choice to either l

. >> that is a big number, that would be the highest many years, one question real quick, a sony car was unveiled, when without becoming? >> that will be never. you will see a prototype, i don't think you'll ever see mass-produced sony vehicle, making cars his heart, tesla has been doing it for decades. they do well with battery and software but behind in the finishing of the uniform gap where the doors meet so they are getting better but making cars is hard and i don't think sony will do it. >> thanks very much, coming up, the latest science on how long the omicron search can last since what you need to know about the new variant identified, former fda commissioner scott joins us next. ♪♪ u.s. covid cases are now topping 600,000 a day as we enter the third year of the pandemic, debate over vaccine regulations test shortages and highly contagious nature of omicron caused widespread confusion. here to sort out, former fda commissioner and author of uncontrolled spread, glycolic, how we can defeat the next pandemic, doctor scott, thank you for coming on, we really appreciate it. >> tha

take a look at sony, falling more than 8%. some downside pressure for the stock given that its rival microsoft in the gaming space is planning to buy activision blizzard for $59 billion. we have seen gaming stocks rally but this could pose a new challenge for sony which at the moment is losing ground. a little bit of a mixed picture for other gaming stocks in the region. haidi: let's get to vonnie quinn with the first word headlines. vonnie: the u.s. is said to be reviewing alibaba's cloud business to see if it poses a risk to national security. the investigation is focusing on how the tech giant plants data. the company is also facing regulatory issues in china where it continues to face good news from beijing over data handling. china's capital is seeing signs of further coronavirus bread with delta and omicron infections. authorities say a person in a different part of the capital tested positive for delta. officials has set up mass testing across the city. the greater tokyo region is set to come under aim -- an emergency f

. >> that is a big number, that would be the highest many years, one question real quick, a sony car was unveiled, when without becoming? >> that will be never. you will see a prototype, i don't think you'll ever see mass-produced sony vehicle, making cars his heart, tesla has been doing it for decades. they do well with battery and software but behind in the finishing of the uniform gap where the doors meet so they are getting better but making cars is hard and i don't think sony will do it. >> thanks very much, coming up, the latest science on how long the omicron search can last since what you need to know about the new variant identified, former fda commissioner scott joins us next. next. ♪♪ ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq we hit the bike trails every weekend yeah... oh. don't worry i got it! shinges doesn't care. i grow all

sony rising, as well.icrosoft will allow activision blizzard to continue to reis -- release the next three popular "call of duty" games on playstation. there have been clouds following the deal between activision and microsoft earlier this week. but those will appear on the playstation, so rising about two thirds of 1% at the moment. nintendo rising, as well, that company rated up north. shery: take a look at movers, watching texas instruments because they gave an upbeat sales forecast for the third order. it seems demand for electronic components remain strong. we are seeing it gain more than three point 5%. we are watching johnson & johnson because we had mixed results. they reported guidance for 2022 that these expectations feel the stock is under pressure. microsoft, really interesting comeback in the post-market because we actually thought -- saw it fall in late trading after celebrant demand for the r0 corporate cloud computing services. but then they gave better than expected forecast for their busi

and sony shares slumped after microsoft announced a mega-merger deal with activist vition -- activisionzzard. so, ben, another ugly week on wall street. how bad does this get? is this the end op the -- of the bull market? >> i don't think it's the end, but it really was a bloodbath. the s&p 500 had that its largest one week percentage decline since march 2020. goldman sachs down 10%, but the real damage was over at the nasdaq which dropped 14% from its all-time high and closed at its lowest level since june 2021 helped by netflix and, as you mentioned, peloton. elsewhere, oil rose for the week as did gold, silver and copper, and the bond market really isn't freaking out yet. as long as financial markets remain calm, i will too. jon -- jack: yeah. tech stocks have become a greater and greater weighting in in indexes over the past 10-12 years which has been great for investors, but now it means there's nowhere to hide. >> no, there really isn't, and that's the hard part here. we have to see the big stocks like amazon and apple and those guys really start to at least hold up, not all anymo

bob dylan has sold the master recordings to his entire back catalogue to sony music.00 million.

does sony really stand a chance if it has to do with to close? there's a lot of technology was in this cars, and so he has the advantage that they have a lot of the sensors and technologies that they have been building for many years for a cameras the legacy house. so it gives them an advantage from that sense. during chase of different kinds, is this 9 meter long, reusable spacecraft at the c s? it's meant to carry people and equipment not only to the international space station, but also to new inflatable structures that can house humans in orbit something the company, sierra, and visions building in the next decade, a hub in space, where tourists can spend the holidays and where biomedical companies, for instance, could develop and produce drugs for people back on earth. space is no longer the domain of governments. it's, it's a, it's a commercial arena. now an companies like sera space and obviously space acts and many others are starting to come forward to develop rocket ships and other technologies to do business and space. the 1st come, ma

sony says it is creating a company to explore entering the ev market called sony mobility the group considering a concept called the vision s 2 and chrisler plans to go all electric in six years. not to be outdone, gm unveiled its ford lightening competitor, an all-electric silverado pickup new products from amv, nvidia and others like mattress maker sleep number all of this and more scott, i know you couldn't be there could see some big headlines, what are you most excited about? >> cs is a little weird because i feel like companies hold things back. companies like samsung talk about one thing but have a lot of events throughout the year. those that have pulled back their presence, it is more of a sense we'll see things in the weeks to come that we won't see here chips are always really big. we'll see the announcement and the amount people have been working from home the interest of how these will become available and everything involving the metaverse. ever since facebook renamed themselves we've been seeing a lot of movement sony talked about more details for its vr head set. and others talk

we should talk about sony. again, people are concerned about whether this gets through. something making oversea's concerned about as well. lower in japan almost 13% down by new concerns of competition that would be posed by momicrosoft and act vision combined $95 a share, it is an $80 billion deal advisors recommend shorting sony shares saying sony will have monumental challenges to stand on its own in what is called a war of attrition. it will only get tougher we'll talk more about the microsoft-act vision deal and the metawers >>> another big story taking place in a fight at&t and verizon delaying the 5g service after airlines warn it would lead to flight cancellations. scheduled to begin the rollout today. it would temporarily delay while it works with regulators on a sugs the frequency used thanks to altimeters use joining us in an exclusive interview to break it all down surprising we are even at this point given the time they've known and frankly how many other countries have 5g service in the works and it seems to have not created such aproblem. >>. >> made some

. >> coming up, sony making its way to the ev market.e will talk about how the electronics giant will be leaping ahead of apple. this is bloomberg. ♪ >> sony is launching its own car company that is known for devices like the play station counsel -- console. it is setting up its own mobility unit. sony's president says they are looking forward to bringing together creativity, technology to change the experience of moving from one place to another. and for more on china's tech crackdown, tencent is cutting its stake in singapore's c l imited. this sparking concerns that beijing will continue its crackdown on china's tech giants. and bitcoin slumped by as much as 5.6%, sending it to the lowest level since its early december flashback. this as growing expectations of rising borrowing rates are weighing on some of the best performing assets of the last few years. coming up, we will talk to the leading investors for softbank opportunity and latin america fund. we will talk about what their top priority's are in the new year. this is bloomberg

sony has agreed to buy bungee. more on the $3.6 billion deal, next.his is bloomberg. ♪ emily: a few stories we continue to watch -- the online puzzle sensation wordle has been acquired by the new york times. it was purchased for the low sevens figure thomas saying it has been incredible to watch a game bring so much joy to so many but i'd be lying if i said it wasn't a little overwhelming. sony is spending the .6 billion dollars to bolster its game making studios. that is what they will pay to bungie, they game maker behind the popular destiny franchise. it will give them one of the most popular first shear games to compete with the massive call of duty series, which microsoft owns after its purchase of activision. a former pharmaceutical executive has reached a to be a billion-dollar settlement. he and a colleague are part of the deal, accused of trying to gouge customers. he's been serving a seven year prison term for defrauding investors. coming up, the supply chain is still bottlenecked. when does it end? we will ask ryan peterson next. this is bl

they asked yeah, more be tell me about marvel sony marvel universe. and so. busy sony owns all the rates to spiderman, so their charter would disney, even these new tom, how are we using right? but massive one of the biggest, and sony now can spin off all of the super villains going that spider man universe and more of use is this great anti hero along with them. so this sort of pairs up with venom. and to me entire tom hardy that the tom hardy, one that they just that did extremely well for them as well. they've got a bunch of these coming out. so imagine this to, you know, it almost syncs up with, let's say 604066 and american filmmaking, when the anti hero bonnie and clyde, people like that became you could, you could 10 pull film off the, but if you show them layered enough and it sounds like they've done all the heroes in the marvel universe. you mean now they could do the job and i went back looking towards like a sinister 6 and they've got, i think craven hunter is another one coming out. yeah. youth and so more be is, is a part of that whole universe

sony has a biggest drop since 2008. microsoft announced a deal to acquire gaming publisher activision. the world's largest cash takeover since the start of the pandemic leaves microsoft free to go after the gaming service. germany says it is the time to rebuild fiscal buffers. speaking to reporters in brussels, he stressed the importance of paying attention to government roles the fights against inflation. >> i am not a scary hawk, i am a friendly hawk. >> but is a difference? >> i am open to arguments in germany wants to be part of solutions and not part of the problem. >> that is your bloomberg business flash. francine: thank you. some of the main things we're watching. let's get to the key drivers in these markets. joining us is lucy macdonald from j.p. morgan. good to speak to you. pricing we are expecting from u.s. treasury yields is going fast. is it faster than expected? the market believes central banks will mess this up and hurt growth. lucy: that is the central bank response. are they going to fast? no. they h

competition whether it's ten cent who has resources that are extraordinary and global footprint or sonyfacebook or amazon or apple or google or netflix or disney. when you think about the race for the metaverse and for the more influence in gaming in the gaming ecosystem, we have now seen more competition than ever before >> we should get a lot more insight into the regulatory chances of this deal at the top houfrt when the department of justice and federal trade commission are holding a joint press conference they are expected to share their updated merger guidelines. then we'll hear from lena khan directly tomorrow on cnbc's capital exchanges at 10:00 a.m. eastern live on your second screen at cnbc.com/capitalexchange of course we'll bring you all the headlines here >>> and the timing of this deal, i have to say, it's pretty remarkable how it coincides with something else, also today, backed tech oversight project, launched today and it's all about lobbying for anti-trust legislation, part of this really pretty broad anti-trust push, jon. i'm curious if you think that after microsoft

>> ( musica >> el futuro es de los niÑos , esto nos dijo la jueza de la corte suprema de justicia soniomienza con la pregunta cÓmo serÁs de ayuda hoy la pregunta que su madre fallecida le hacÍ a la juez soni >> quÉ extraÑa de ella >> (inaudible) y los ojos tenÍ unos ojos preciosos pero tambiÉ le encantaba bailar siempre me decÍa si fallas te levantas tan le encantaba bailar siempre me decía tratas otra vez el tratar es e mÁs importante en la vida decÍ no me importa lo que vayan a hacer cuando sean grandes si quieren limpiar baÑos lo limpian bien >> mire donde terminÓ jueza >> (risas) >> su mamÁ era enfermera jueza quÉ mensaje le manda a la enfermeras >> son le modelo del heroism mi madre era una mujer grand para mÍ pero las enfermeras son grandes para el mund >> cÓmo ha pasado la pandemia >> he pasado mucho en casa soy> >> he pasado bien socia >> llegÓ en el 2009 a la corte suprema de justicia quÉ h aprendido en este tiempo >> nunca hay soluciones simples aprendido en este tiempo >> nunca hay soluciones simple cualquier cosa que avancemos nosotros siempre va a haber un parte de la soci

plus, sony got all charged up as it revealed plans to start sony mobility, to make electric cars. and labrador showed off these self—driving shelves — or should that be �*shelf—driving' ? they can fetch and carry stuff at home. looks useful for those of us with mobility issues. and, finally, maximise your efficiency by automating your t—shirt folding. brussels students built this prototype with mdf from 3d—printed hinges and an arduino uno brain, which detects the tops and starts the motors. freshly folded tops are released through a trapdoor. may the force �*t�* with you! haven't we done this gag before? i think they're always just trying to get us to cover oui’ faces. yeah. charming. well, listen, this is the airxom mask. it's by french company and it's for people who really, really need to breathe clean air. it kills bacteria and viruses on the way in. first of all, there's a silicon mould here which sucks it to your face, giving you a really good seal — as evidenced by the line around mine right now. the air goes on the bottom and then a uv—a light kills the bacteria and the v

after microsoft buying act vision for record $68.7 billion advisors recommend shorting the stock so sony will have eaa monumental challenge on its hand and moving from alliance to capital one with bj's among the most prized partnership accounting for $1.5 billion in balances claiming the company is slowing down the transfer. capital one's name is redacted from the lawsuit the san francisco bank received approval to become a bank holding company. in order to become a bank operating at sofi bank the deal was announced last year and is expected to close in february >> thank you let's talk shipping and shipping rates. last year was a boom for owners the world desperate for goods is willing to pay up. some of those rates have pulled back since the fall but they are still really, really high. many stocks have benefitted. let's talk more with randy senior vp. he's got his top picks for the year and on all of wall street last year with a 76% success rate we celebrated by asking you to get up at 4:00 in the morning or 3:00 thank you for doing it where do we stand right now? clear it up. i've post

final resting place >>> and the legendary bob dylan just sold his entire recorded music catalog to sony. can you guess how much "early today" starts right now >>> good tuesday morning i'm phillip menam. >> glad you're with us i'm frances rivera strap in because it's going to be another roller coaster day on wall street. pointing to a steep drop after yesterday's wild swing the dow erased a 1,100 point deficit to finish in the green alongside the nasdaq and s&p >> unbelievably we are up across the board. >> reporter: it was a gut wrenching roller coaster ride on wall street with last minute buyers jumping in to pull the market out of a steep nosediveimate its lowest points the dow jones industrials down more than 1,100 before closing up 99. a 1,200 point swing. concern about a potential russian invasion about ukraine and the global economic fallout. while at home corporate earnings are coming in as inflation hits 40-year highs, driving prices higher from the grocery aisles to car lots. >> the president does not look at the stock market by a means to which the judge the economy >> reporte

fox business alert, merger monday in the video game sector, sony look at the stock here. absolutely going nuts at 3.8% at the moment, it's off the highs that it was earlier. sony is going to buy video game developer and create or of the halo franchise, bunge for $3.6 billio n, and it was once-owned by microsoft, of course which struck its own deal to buy acti vision blizzard for 70 billion earlier this month, everybody was kind of pressuring sony, you've gotta do something here, gotta make a deal and they have, according to investment banking firm drake star partners the video game sector is racing to a record $150 billion in deals, financing and ipo's this year you can see some of the names that could be in play here, you've got unity up 8.8%, ticker symbol game up 17%, roblox rblx up 11.4 %. another deal at this hour we need to tell you about, cloud software firm citrix systems is down 3.7% on a report that investment bank elliott management along with vista equity partners are close to combining to buy it for $13 billion, in an all-cash offer. that works out to $104 pe

not good news for sony if microsoft makes a move.ain due to chip shortages. hong kong is down as well. we've been talking about oil and over $88 a barrel. but let's look at the next screen and what happened on wall street their first trading day of the week, remember, they had a long weekend tech stocks were hit hard. much of this is to do with the thinking that the federal reserve will soon raise interest rate. so the us treasury yields have hit fresh two—year highs in the money is moving in the direction where interest rates will go up in the us, treasury yields are going up but also money is coming out of stocks and that is what happens when the us central bank is poised to raise rates. the money is on the move. thank you for your company, you are now up—to—date on all things news, business and sport. i will tweet more stories as well and we will see you soon. hello. there is lots of dry weather in the forecast for the rest of this week, although many of us will see a little bit of rain through the first part of wednesday, as thes

looking elsewhere, we have sony up over 4% right now. we have an ev mobility unit saying that this will be rather sedentary, equates though. >> look at me. >> investors are paying the price for what was a horrible year for water wrong as there was a crackdown on corruption and over leveraging across corporate china. while wrong was the poster child . if you look at a tenure chart of boron, you can see this company that started off in the late 90's, buying bad debt from the banks. it grew beyond this financial mandate. and got into trouble. the foreman chairman -- former chairman convicted of bribery. they kind of have come full circle on the copy. they posted that record thus. shares were suspended in april. they are suspended in april because they did not post the results. the results were a record $16 billion loss. they have returned to profitability in large part because of the capitalization led by other state bank -- state backed entities. the number one shareholder is the ministry of finance. this is a key cornerstone of the debt r

she serves as the sony and senior sustainability and climate change adaptation officer. she graduated from the university of maryland us special of science degree in horticulture and received her masters of science and the university of delaware. she is a certified facility manager through the international facility management association. the hell has served as inspector general of the smithsonian since 2014. her office conducts audits and investigations relating to smithsonian programs and operations. she keeps the board of regents in and congress informed about problems and decisions. she promotes effectiveness within the smithsonian and prevents and detects cases of fraud, waste and abuse and makes recommendations regarding existing policies and regulations as the smithsonian. prior to this role inspector general told deputy inspector general at the gao director for the office of inspector general she was the assistant director for the human capital losses and the assistant director for the natural resources and environment team. she graduated from george washington

analysts say the acquisition increases competitive pressure on sony's playstation operation and on sony to strike a similar deal. now microsoft is up 1 point p 7% , activision blizzard is slightly higher and game creators are already getting analyst attention, french maker ubisoft is up 3.7%, jpmorgan and ubs mentioned ubisoft as a valuable player while atlantic equities hiked ea to overweight, and madden and apex legends game is attractive as a standalone company ea moving higher by 2.7% and by the way, i know it's huge but could take two soon be a target? in the wake of its announcement, one week ago, that it's buying zinga for $12.7 billion, take two is suddenly moving higher by 6.7%, when last week, people did not like the idea of this deal of it buying zinga. okay, here we go. airlines and telecoms taking a 5g fight right down to the wireless wire. folks, is this an airline issue, an aircraft issue, or just plain old d.c. politics holding up today's rollout? why wasn't this resolved years ago, or was it? former fcc chair ajit pai is about to answer that straight ahead on the "claym

the terms of the deal with sony music has not been made public, but reports suggest it could be worthhe was glad all his recordings could stay where they belonged. now, it may seem like child's play, but it's also big business — the toy fair kicks off today in london with more than 260 companies showing off what they hope will be this yea r�*s playground must—have. but how has the pandemic changed the toy market, and what are tipped to be the biggest sellers this year? joining me now is roland earl, director general of the british toy and hobby association. they run the show. i assume iassume in i assume in the last couple of years you have not been able to host such an event?— host such an event? good morning- _ host such an event? good morning. absolutely, i host such an event? good morning. absolutely, wel host such an event? good i morning. absolutely, we can't wait, to be honest. i am still in my hotel room because we haven't quite started yet, but absolutely thrilled. i haven't quite started yet, but absolutely thrilled.- absolutely thrilled. i wouldn't ex - ect absolutely thril

directors and public health directors throughout this pandemic and we have been conducting recently sony expansion existence to allthe states . right now we had a few states that have requested some assistance in helping identify where they need to expand but we have no specific requests to expand hospital capacity outside of maybe setting up a tent outside their emergency room to support triage efforts. >> it has been a year of unprecedented natural disasters and a global pandemic that has no end in sight at this point. are you largely rely on rop funding or hoping to get more funding from the administration orare we looking at another year ? >> the funding that fema uses is through our disaster relief fund and all the requirements we have on our plate we have enoughfunding in that to meet all those demands . >> thank you administrator. what kind of feedback are you getting from governors or hospitals that led to this added flexibility and i'm also wondering there's i guess 120 military members going to 60 deployment out of the 1000 military members of president has said he would mobili

that's behind playstation maker, sony in china's 10 cent microsoft already makes p x box gaming system, but the deal will give it a powerful foothold in the virtual reality space known as b metal verse. now your quarter are correspondent in new york, joins us now. now, yen, you have described this as a monster deal. what does microsoft see an activision was it here? we're paying almost $70000000000.00. just a massive deal. i mean, take those roughly $70000000000.00. that is almost 10 times the revenue activity blizzard made to for the entire year of for 2020. but clearly the gaming industry is growing and what companies to try to achieve in general is to get more content and just held subscriptions to the users. for example, in the case of microsoft with the x box, you need to monthly game paths. and if you want to play online games and now the content off the an activision, that would be a gift for microsoft even more growth in that area. so yeah, and we already have heard that this will make microsoft a really a tightened in the video gaming industry. are us regulators going to let t

s. rocker bruce springsteen. signed to deal with sony late last year, studying the right to his music for a show stopping $500000000.00. tina turner meanwhile has also sold her rights to her music catholic. she sold them to label b, m g, a subsidiary over bertelsmann for an undisclosed sum. we don't know how much it was . and back in 2020 bob dylan cashed in his music rights walking out the door with 300000000 dollars from universal music. so let's discuss what appears to be a trend with peter schmock, who is an expert in the business of music at the university of music and performing arts. vienna, thanks a lot for joining us. so why are we seeing big acts suddenly selling off the rights to their music? i think we do not know really what is the background of selling music these times, but i think the bump n. mm hm. important impact because touring is now impossible. and so there is no income stream even for superstars. and i think this is one reason why, especially well established superstar sell their music catalogs. now. what we're also seeing is that organizations and funds that tr

bruce springsteen. signed to deal with sony late last year. selling the rights to his music for a whopping $500000000.00. tina turner also sold the rights to her music catalog to label b, m. g, a subsidiary of bertelsmann for an undisclosed sum. back in 2020 bob dylan cashed in his music rights. walking out the door with $300000000.00 from universal music. wanna go, saunders place, take bruce springsteen, for example. the 75 year old has sold a 150000000 records in his career and performed countless concerts. but in the age of streaming services, musicians have seen their royalties shrink. and with the pandemic, they've lost an important source of income live shows. so now is perhaps a good time for aging, performing artists to sell their rights. and now to high hopes for green hydrogen, hydrogen can be burned without harming the environment, but it is only classified as green if it's produced using renewable energy. the race is on to find a viable ways to do that. and leaders on the german island of helga land, out in the windy north sea think they may hold the key eleger lens mir. your s