Mojang Bought

Minecraft studio Mojang bought by Microsoft for $2.5bn

http://www.independent.co.uk/news/business/minecraft-bought-by-microsoft-for-25bn-as-creator-notch--says-im-not-a-symbol-9733826.html

This article is about the purchase which Microsoft has made. Microsoft has bought Mojang, the Swedish studio behind the game Minecraft, for $2.5 billion (£1.5bn). Minecraft has been downloaded more than 100 million times since its launch in 2009, brought Mojang more than $100 million in profit last year and is one of the most popular games of all time.

Key facts: 

·                     Microsoft buys Minecraft creators Mojang for $2.5 billion (£1.5 billion)

·                     Minecraft being downloaded 100 million+ times

·                     $100 million profit in 2013

Microsoft being able to buy Mojang so easily highlights just how powerful and what a global giant they are in the media, as they can buy almost any company they want. It is actions like this and other media giants such as Apple buying Dre beats and Facebook buying Snapchat that perhaps do not allow smaller media companies to become major powers houses.