The Future of Gaming

I fear that we might get a really powerful company that controls much of the distribution of games and some games. Gaming is just like a winner take all kind of dynamic where at any one point in time there's a relatively limited number of games that are just the most popular ones. The opportunity for the misuse of market power I think are much greater in gaming than in other forms of entertainment. Microsoft is becoming the company to watch if you want to understand the world because they capture PC demand, they capture the consumer,. They capture the global kind of IT spend. And now they're kind of in the regulatory crosshairs. So it's a super interesting one to watch.