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Activision Blizzard reached a settlement this week over a shareholder's lawsuit in regards to the Call of Duty publisher's October 2013 buyout. As a result, Vivendi and others will pay $275 million to Activision to settle the litigation, which began in August 2013 before Activision's $8.2 billion p...

5 months ago 0 Comments
November 21, 2014 at 1:00PM
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When Activision Blizzard bought itself to be freed from Vivendi, there was no shortage of unhappy shareholders, leading to several class action lawsuits filed against the company and other attendant actors in response to the whole process. Those suits have now been resolved and the case is now clos...

5 months ago 0 Comments
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An Activision Blizzard quarterly report has revealed that the company behind games like World of Warcraft, Hearthstone, the Call of Duty franchise and Skylanders, has earned $970 million in revenue in its second quarter, $60 million more than its previous projection of $910 million. Activision ...

9 months ago 0 Comments
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Anyone who's paid attention to the roller-coaster that is Activision's relationship with its former owner Vivendi, here's a new wrinkle for you. Activision CEO and perennial villain in a million fans' hearts Bobby Kotick was nearly let go by Vivendi in 2013 over his refusing to sign off on any deal...

9 months ago 0 Comments
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Vivendi, Activision's controlling shareholder in 2013, wanted to fire CEO Bobby Kotick, as revealed in emails that are part of a lawsuit filed by Activision investors (via Bloomberg). During negotiations for Activision to buy the majority of its own shares back from Vivendi in 2013, Kotick refused ...

9 months ago 0 Comments
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Activision Blizzard CEO Bobby Kotick is quoted recently as saying that the company is "making a $500 million bet" on Destiny, as reported by Reuters. The quote has caught fire for dwarfing the alleged $260 million Take-Two Interactive spent to "develop, produce and market" Grand Theft Auto 5. H...

12 months ago 0 Comments
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Everyone is pretty certain that the next World of Warcraft expansion is going to be announced very soon. Tomorrow, probably. So it serves as an interesting counterpoint to note that the game has lost 100,000 subscribers over the past three months, dropping the game's total to 7.6 million subscriber...

1 year ago 0 Comments
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Back in July, Activision Blizzard CEO Bobby Kotick led a charge to buy the company back from parent company Vivendi. After a few bumps in the road, the share buyback is complete and Activision Blizzard is now (mostly) free of Vivendi. $5.83 billion of stock is owned by Activision Blizzard, while...

1 year ago 0 Comments
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Activision's buyback of $8.2 billion of its own shares from Vivendi has been completed, the publisher announced today. It was just yesterday that the Delaware Supreme Court overturned a September ruling that halted the purchase, which followed a lawsuit by an Activision Blizzard shareholder in Augu...

1 year ago 0 Comments
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The Delaware Supreme Court has sided with Activision-Blizzard in a lawsuit that was seeking to stop the planned split from corporate parent Vivendi. The suit was filed by shareholders who believe that Acti-Blizz's bid to become an independent entity would "disproportionately benefit" CEO Bobby Koti...

1 year ago 0 Comments
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Activision Blizzard is set to appeal the Delaware Supreme Court's decision to halt its $8.2 billion share purchase from controlling corporation Vivendi, Reuters reports. Activision aims to buy itself back from Vivendi through share purchases spearheaded by the company itself and an investor grou...

1 year ago 0 Comments
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For the last several years, the MMO community has been abuzz with rumors regarding Blizzard Entertainment's Project Titan. Long reported to be a brand-new MMO based on an entirely original intellectual property, Titan was a top-secret project discussed only through occasional interviews, job postin...

1 year ago 0 Comments
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Activision Blizzard CEO Bobby Kotick stated in an early-morning conference call that Tencent's participation in the buyback from Vivendi is merely a sign of the company's "enthusiasm." Within last night's announcement of Activsion Blizzard's $8 billion buyback from Vivendi, it was noted that a grou...

1 year ago 0 Comments
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If you thought World of Warcraft losing 14% of its users -- over one million -- during the first quarter of the year was bad, just wait; according to Activision-Blizzard, subscription numbers are expected to dip even further. Of course, even with the loss, WoW is still the most popular sub-based ga...

1 year ago 0 Comments
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There's only one Western subscription MMO that can stand to lose 1.3 million subs in three months and shrug it off: World of Warcraft. But shrug it off doesn't appear to what Activision-Blizzard is doing. During the investor call that revealed the heavy sub losses, Activision CEO Bobby Kotick ackno...

1 year ago 0 Comments
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Activision Blizzard head honcho Bobby Kotick was one of the highest-paid CEOs in America last year, Bloomberg reports. Earning $64.9 million -- $55.9 million in of it in stock which he'll vest over the next 5 years, so he isn't just pocketing all of it in cash -- puts Kotick behind Oracle's Larry...

2 years ago 0 Comments