It really feels like Microsoft is trying to basically create the "Netflix" of gaming here, and I think that just like Netflix they're going to see a lot of succ

It really feels like Microsoft is trying to basically create the "Netflix" of gaming here, and I think that just like Netflix they're going to see a lot of success as basically being the first to market to do so, and other companies are going to be left scrambling. The acquisition email mentioned that activision has 400 million "monthly active players", mimicing the language of MAU that is the current trend right now. The goal is to get 1/2 a billion people giving them $10 a month on gamepass, not to get 1 time purchases for $60 every 5 years when a new Elder Scrolls title ships. I think that this should really put some fear in Valve and I'm not sure what their play is from here. I know that Steam has a lot of goodwill built up but it feels like they've just coasted on Steam for so long, and it was inevitable that the larger players would look at their fat 30% cut for so little work and decide that wasn't going to last. A lot of people thought that Bethesda games would keep coming out for Playstation when the acquisition was first announced, and after it closed MS confirmed that going forward future title would be exclusive to them. I can't see any reason to this this will different, and especially just making these titles available through gamepass alone, not in a launcher or as a separate purchase. Do people think that Microsoft is spending tens of billions just to make sure that Valve can get a 30% cut on sales of COD and Fallout? It's like saying that Netflix is going to let Disney+ carry Stranger Things, because hey, Disney would pay them money to do so. Valve is like the cable company right now, someone else makes the content and they provide the delivery of it and skim off the top. Now that you have competing and more convenient delivery services, its going to be a lot harder to exist. Where do they go from here?