Contrary to last night's report, several sources have now told CNBC that Amazon is not bidding to take over EA or Electronic Arts.
For now, Amazon and EA have not released any comments on these latest speculations and rumors.
If Amazon takes over EA, it is expected to further complement Amazon's gaming portfolio, integrating it with Twitch, as well as allowing EA to use Amazon's cloud gaming platform called Luna. In addition, Amazon is also expected to use a number of IP on EA to make a movie.
These latest rumors came yesterday, an extension of the takeover of several game studios by big brands, including Microsoft taking over Activision Blizzard, Sony taking over Bungie, and even Take-Two taking over Zynga.
Tags
BUSINESS & MONEY