Why Microsoft Is Paying $75 Billion for Activision Blizzard

On Tuesday, Microsoft announced its biggest acquisition ever: It'll buy the video gaming juggernaut Activision Blizzard for $75 billion. Microsoft's betting the deal will help it build a new way to sell games to consumers, which it calls the "Netflix of games." WSJ's Aaron Tilley explains Microsoft's strategy and the risks it contains. Learn more about your ad choices. Visit megaphone.fm/adchoices