Microsoft’s purchase of Activision Blizzard shows the company is still very interested in entertainment

IMAGE: Microsoft and Activision Blizzard logos

Microsoft’s plans to buy gaming company Activision Blizzard for an impressive $68.7 billion, entirely in cash, equivalent to a share price of $95 for a company that closed on Monday at $64.17.

Activision Blizzard is one of two video game companies listed on the selective S&P 500 since 2015…