Type | Subsidiary |
---|---|
Nasdaq: ATVI (2008–2023) | |
Industry | Video games |
Predecessors |
|
Founded | July 9, 2008 |
Headquarters | , US |
Key people |
|
Products |
|
Revenue | US$7.53 billion (2022) |
US$1.67 billion (2022) | |
US$1.51 billion (2022) | |
Total assets | US$27.4 billion (2022) |
Total equity | US$19.2 billion (2022) |
Number of employees | 17,000[1] (2023) |
Parent | Vivendi (2008–2013) Microsoft Gaming (2023–present) |
Divisions | Activision Blizzard Consumer Products Group Activision Blizzard Esports Activision Blizzard Media |
Subsidiaries | |
Website | activisionblizzard.com |
Footnotes / references [2] |
Activision Blizzard, Inc.[lower-alpha 1] is an American video game holding company based in Santa Monica, California.[3] Activision Blizzard currently includes five business units:[4] Activision Publishing, Blizzard Entertainment, King,[5] Major League Gaming,[6] and Activision Blizzard Studios.[7][8]
Founded in July 2008 through the merger of Activision, Inc. (the publicly traded parent company of Activision Publishing) and Vivendi Games, the company owns and operates additional subsidiary studios, as part of Activision Publishing, including Treyarch, Infinity Ward, High Moon Studios, and Toys for Bob.[4] Among major intellectual properties produced by Activision Blizzard are Call of Duty, Crash Bandicoot, Guitar Hero, Tony Hawk's, Spyro, Skylanders, World of Warcraft, StarCraft, Diablo, Hearthstone, Heroes of the Storm, Overwatch, and Candy Crush Saga. Under Blizzard Entertainment, it invested in esports initiatives around several of its games, most notably Overwatch and Call of Duty. Activision Blizzard's titles have broken a number of release records.[9][10][11] As of March 2018, it was the largest game company in the Americas and Europe in terms of revenue and market capitalization.[12]
The company has also been involved in multiple notable controversies, including allegations of infringed patents and unpaid royalties.[13][14][15] In late July 2021, it was sued by the California Department of Fair Employment and Housing on allegations of sexual harassment and employee discrimination.[16] The suit triggered an investigation by the U.S. Securities and Exchange Commission,[17] multiple workplace walkouts,[18] the resignation or dismissal of several employees, the loss of multiple company event sponsors,[19][20] and hundreds of workplace harassment allegations.[21]
Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion on January 18, 2022. The acquisition was completed on October 13, 2023.[22] Activision Blizzard is a subsidiary of Microsoft Gaming along with Xbox Game Studios and ZeniMax Media.[23]
History
Background and formation (2007–2008)
The original Activision company was founded in 1979, as a third-party developer for games on the Atari Video Computer System. In 1988 the company expanded into non-gaming software and renamed itself Mediagenic. This venture was not successful, incurring heavy losses. In 1991 a group of investors led by Bobby Kotick bought the company. Kotick instituted a large restructuring to reduce debt, including renaming the company back to Activision and moving it to Santa Monica, California. By 1997 the company was profitable again. Kotick spent the next decade expanding Activision's products through acquisitions of around 25 studios. This resulted in Activision publishing several successful series of games, including Tony Hawk's, Call of Duty, and Guitar Hero. However, by around 2006, the popularity of massively multiplayer online (MMO) games started to grow. Such games provide a constant revenue stream to their publishers, rather than only a single purchase, making them a more valuable proposition. None of Activision's subsidiaries had an MMO or the capability to make one quickly. Activision was also facing tougher competition from companies like Electronic Arts, as well as slowdowns in sales of their key game series.[24]
Around 2006, Kotick reached out to Jean-Bernard Lévy, the CEO of the French media conglomerate Vivendi. Vivendi at that time had the games division Vivendi Games, a holding company principally for Sierra Entertainment and Blizzard Entertainment. Kotick wanted to get access to Blizzard's World of Warcraft, a successful MMO, and suggested a means to acquire this to Lévy. Lévy instead offered that he would be willing to merge Vivendi Games with Activision, but only if Vivendi kept majority control of the merged company. According to those close to Kotick, Kotick was concerned about this offer as it would force him to cede control of Activision. However, after talking to Blizzard's CEO Mike Morhaime, Kotick recognized that Vivendi would be able to give them inroads into the growing video game market in China.[24]
Kotick proposed the merger to Activision's board, which agreed to it in December 2007. The new company was to be named Activision Blizzard and would retain its central headquarters in California. Bobby Kotick of Activision was announced as the new president and CEO, while René Penisson of Vivendi was appointed chairman.[25] The European Commission permitted the merger to take place in April 2008, approving that there weren't any EU antitrust issues in the merger deal.[26] On July 8, 2008, Activision announced that stockholders had agreed to merge, and the deal closed the next day for an estimated transaction amount of US$18.9 billion.[27]
Vivendi became the combined company's majority shareholder at 54% of outstanding shares, equating to 52% if shares were to be fully diluted.[28][29] The rest of the shares were held by institutional and private investors, and were to be left open for trading on the NASDAQ stock market for a time under Nasdaq: ATVID, and subsequently as Nasdaq: ATVI (Activision's stock ticker). At this point, Lévy replaced René Penisson as chairman of Activision Blizzard.[30] The merger was completed on July 9.[28][31] While Blizzard retained its autonomy and corporate leadership in the merger, other Vivendi Games divisions such as Sierra ceased operation.[32] With the merger, Kotick was quoted stating if a Sierra product did not meet Activision's requirements, they "won't likely be retained."[32] Some of these games ultimately were published by other studios, including Ghostbusters: The Video Game, Brütal Legend, The Chronicles of Riddick: Assault on Dark Athena, and 50 Cent: Blood on the Sand.[33] However, a number of Sierra's games such as Crash Bandicoot, Spyro, and Prototype were retained and are now published by Activision.[34][35]
New titles and sales records (2009–2012)
In early 2010, the independent studio Bungie entered into a 10-year publishing agreement with Activision Blizzard.[36][37] By the end of 2010, Activision Blizzard was the largest video games publisher in the world.[38] The 2011 release of Activision Blizzard's Call of Duty: Modern Warfare 3 grossed $400 million in the US and UK alone in its first 24 hours, making it the biggest entertainment launch of all time.[39] It was also the third consecutive year the Call of Duty series broke the biggest launch record; 2010's Call of Duty: Black Ops grossed $360 million on day one; and 2009's Call of Duty: Modern Warfare 2 brought in $310 million.[9] Call of Duty: Black Ops III grossed $550 million in worldwide sales during its opening weekend in 2015, making it the biggest entertainment launch of the year.[10][11]
In 2011, Activision Blizzard debuted its Skylanders franchise,[40] which led to the press crediting the company with inventing and popularizing a new toys-to-life category.[40][41][42] The first release Skylanders: Spyro's Adventure was nominated for two Toy Industry Association awards in 2011: "Game of the Year" and "Innovative Toy of the Year".[43] Skylanders: Spyro's Adventure and its sequels were released for major consoles and PC, and many were released on mobile devices as well.[40]
Split from Vivendi and growth (2013–2014)
On July 25, 2013, Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion, dropping the shareholder from a 63% stake to 11.8% by the end of the deal in September.[44] At the conclusion of the deal, Vivendi was no longer Activision Blizzard's parent company,[45] and Activision Blizzard became an independent company as a majority of the shares became owned by the public. Bobby Kotick and Brian Kelly retained a 24.4% stake in the company overall. In addition, Kotick remained the president and CEO, with Brian Kelly taking over as chairman.[44] On October 12, 2013, shortly after approval from the Delaware Supreme Court, the company completed the buyback, along the lines of the original plan.[46] Vivendi sold half its remaining stake on May 22, 2014, reducing its ownership to 5.8%.[47] and completely exited two years later.[48]
Activision Blizzard released a new title, Destiny, on September 9, 2014. The game made over $500 million in retail sales on the first day of release, setting a record for the biggest first day launch of a new gaming franchise.[49] On November 5, 2013, the company released Call of Duty: Ghosts, which was written by screenwriter Stephen Gaghan.[50] On its first release day the game sold $1 billion into retail.[49] In 2014, Activision Blizzard was the fifth largest gaming company by revenue worldwide,[51] with total assets of US$14.746 billion and total equity estimated at US$7.513 billion.[52]
S&P 500 and new divisions (2015–2021)
Activision Blizzard joined the S&P 500 stock index on August 28, 2015, becoming one of only two companies on the list related to gaming, alongside Electronic Arts.[53] The company released the next iteration of the Skylanders franchise in September 2015, which added vehicles to the "toys to life" category.[54] On September 15, 2015, Activision and Bungie released Destiny: The Taken King, the follow-up to the Destiny saga. Two days later, Sony announced that the game broke the record for the most downloaded day-one game in PlayStation history, in terms of both total players and peak online concurrency.[55]
Activision Blizzard acquired social gaming company King, creator of casual game Candy Crush Saga, for $5.9 billion in November 2015.[5]
In November 2015, Activision Blizzard announced the formation of Activision Blizzard Studios, a film production arm that would produce films and television series based on Activision Blizzard's franchises.[8] The outfit is co-headed by producer Stacey Sher and former The Walt Disney Company executive Nick van Dyk.[56][57]
In June 2017, Activision Blizzard joined the Fortune 500 becoming the third gaming company in history to make the list after Atari and Electronic Arts.[58]
In its 2018 fiscal year earnings call to shareholders in February 2019, Kotick stated that while the company had seen a record year in revenue, they would be laying off around 775 people or around 8% of their workforce in non-management divisions, "de-prioritizing initiatives that are not meeting expectations and reducing certain non-development and administrative-related costs across the business", according to Kotick.[59] Kotick stated that they plan to put more resources towards their development teams and focus on esports, Battle.net services, and the publisher's core games which include Candy Crush, Call of Duty, Overwatch, Warcraft, Diablo, and Hearthstone. Prior to this, Activision Blizzard and Bungie agreed to terminate their distribution deal with Destiny 2 as it was not bringing in expected revenue for Activision, with Bungie otherwise retaining all rights to Destiny.[59] This transaction allowed Activision Blizzard to report US$164 million as part of its 2018 fiscal year filings.[60]
The company announced that Daniel Alegre would replace Coddy Johnson as president of Activision Blizzard effective April 7, 2020, with Johnson transitioning to special advisory role.[61]
During the second quarter of 2020, the company's net revenues from digital channels reached $1.44bn due to the growing demand for online games driven by COVID-19 lockdowns.[62] By January 2021, the company's net value was estimated to be $72 billion based on its stock trading price due to the ongoing demand for video games from the COVID-19 pandemic.[63]
The Public Investment Fund of Saudi Arabia acquired 14.9 million shares of Activision Blizzard, valued at $1.4 billion, in February 2021.[64]
In April 2021, Fernando Machado, former Brazilian executive at Burger King, joined the company as chief marketing officer (CMO).[65] The company also announced in April 2021 that Kotick will remain CEO through April 2023, through Kotick agreed to take a 50% cut of his pay, equal to $875,000. Kotick will remain eligible to receive annual bonuses, and while he agreed to reduce his target bonus by 50% as well, he potentially can earn up to 200% of his base pay based on the company's performance.[66]
Workplace misconduct lawsuit and acquisition by Microsoft (2021–present)
On July 20, 2021, the California Department of Fair Employment and Housing (DFEH) filed a suit alleging sexual harassment, employment discrimination and retaliation on the part of Activision Blizzard. A second lawsuit was filed against the company by its shareholders asserting it falsified knowledge of these problems in their financial statements,[67] though this suit was dismissed due to failure to meet thresholds for claims,[68] The Equal Employment Opportunity Commission had also filed suit against Activision-Blizzard from their own investigation of the workplace conditions but the company had settled the same day it was filed, which included setting aside an $18 million relief fund for affected employees.[69] Ultimately, the DFEH and Activision Blizzard agreed to a $54 million settlement in December 2023 to cover pay and promotion inequities at the company, both agreeing there was no substantial evidence of widespread harassment.[70]
On January 18, 2022, Microsoft announced that it would be acquiring Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading. The deal would make Microsoft the third-largest gaming company in the world and the largest headquartered in the Americas, behind Chinese company Tencent and the Japanese conglomerate Sony. Activision Blizzard's shareholders approved of the acquisition near-unanimously in April 2022.[71] While the deal has been approved by several countries ahead of the planned October 18, 2023, deal closure, including the European Union and China, both the United States' Federal Trade Commission and the United Kingdom's Competition and Markets Authority have challenged the merger as anticompetitive and have initiated legal procedures in their respective countries. To resolve these issues, Microsoft agreed to give rights to cloud gaming of Activision Blizzard's games to Ubisoft, which was cleared by regulators. The acquisition was completed on October 13, 2023.[72] The last time Activision Blizzard reported their annual financial results for its shareholders before Microsoft acquired them was on February 6, 2023. Activision Blizzard reported $7.54 billion in revenue and $1.52 billion in net income.[73] As part of the acquisition deal, Kotick announced his resignation as CEO the same day, along with other high level executives, though Kotick will remain onboard through the end of 2023 to help with the transition.[74] Bobby Kotick departed Activision Blizzard on December 29, 2023.[75]
Games
Corporate structure
Activision Blizzard |
---|
|
Activision Blizzard is divided into three key business segments:[76][77]
- Activision Publishing, which handles the development, production, and distribution of video games from its subsidiary studios. It also houses the Call of Duty League.
- Blizzard Entertainment, which handles the development, production, and distribution of Blizzard's games. It also maintains Battle.net, organizes BlizzCon, and houses the company's esports activities including MLG and the Overwatch League.
- King, which handles the development and distribution of its mobile games.
There are also two non-reporting segments within Activision Blizzard. Activision Blizzard Studios oversees the production of film and television entertainment based on the company's properties. Activision Blizzard Distribution provides logistical support for Activision Blizzard's distribution within Europe.
Esports initiatives
Activision Blizzard owns the Call of Duty and StarCraft franchises, both of which have been popular as esports.[6][78] On October 21, 2015, Activision Blizzard announced the upcoming establishment of a new e-sports division.[7] Named Activision Blizzard Media Networks, the division is led by sports executive Steve Bornstein and Major League Gaming (MLG) co-founder Mike Sepso, with assets from the acquisition of the now defunct IGN Pro League. Bornstein was appointed the new division's chairman.[6][78] On December 31, 2015, it was reported that "substantially all" of Major League Gaming's assets would be acquired by Activision Blizzard.[6][78] The New York Times reported that the acquisition was intended to bolster Activision Blizzard's push into e-sports, as well as its plan to develop an e-sports cable channel.[79] Reports indicated that MLG would be shuttered and that the majority of the purchase price would go towards paying off the company's debt.[6][78] Activision Blizzard acquired MLG on January 4, 2016[79] for $46 million.[6][78]
In November 2016, Blizzard Entertainment, a subsidiary of Activision Blizzard, announced the launch of Overwatch League,[80] a professional video gaming league. The league's first season began during the second half of 2017 with 12 teams.[81] The league's structure is based on traditional sports structures, including recruiting traditional sports executives as team owners, such as Robert Kraft, owner of the New England Patriots, and Jeff Wilpon, COO of the New York Mets.[82]
The inaugural Overwatch Grand Finals was played at the Barclays Center in Brooklyn in July 2018 and attracted 10.8 million viewers worldwide.[83] The league hopes to have 18 teams competing during the second season in 2019, with the ultimate goal of 28 teams across the world.[84]
In 2018, Activision Blizzard signed a multi-year deal with The Walt Disney Company to stream Overwatch League games on both ESPN and Disney XD cable channels.[85][86] The company also secured an exclusive multi-year deal with Google to stream all subsequent Activision Blizzard esports events, including Call of Duty and Overwatch events, through YouTube, and to use Google's cloud services for its game hosting infrastructure; this came after a prior two-year deal with Twitch for the Overwatch League had concluded. The deal with YouTube was estimated to be valued at US$160 million, double what it had with Twitch.[87][88]
Call of Duty Endowment
Since 2009, when Kotick launched Call of Duty Endowment (CODE), over 50,000 veterans have been placed in high-quality jobs.[89] In 2013 CODE started the "Seal of Distinction" program, which recognizes non-profit organizations that are successful in placing veterans in good jobs. Winners receive a $30,000 grant to use in their veteran job placement activities.[90] The goal of CODE is to help 100,000 US and UK veterans find high-quality jobs by 2024.[91] The endowment helps soldiers transition to civilian careers after their military service by funding nonprofit organizations and raising awareness of the value veterans bring to the workplace.[92]
Other legal disputes
Worlds, Inc.
Worlds, Inc. was issued several United States patents around 2009 related to "System and method for enabling users to interact in a virtual space", which generally described a method of server/client communications for multiplayer video games, where players would communicate through avatars. In early 2009, Worlds, Inc. stated its intent to challenge publishers and developers of MMOs, naming Activision as one of its intended targets.[93] Worlds, Inc. had already challenged NCSoft for its MMOs in 2008. The companies ultimately settled out of court by 2010.[94]
Worlds, Inc. launched its formal lawsuit against Activision Blizzard, including both Blizzard Entertainment and Activision Publishing, in March 2012, stating that Call of Duty and World of Warcraft infringed on their patents.[14][13] Activision Publishing filed a separate patent infringement lawsuit in October 2013, asserting that Worlds, Inc. was using two Activision-owned patents in its Worlds Player software,[13][95][96] but this suit was dismissed with prejudice by June 2014.[97]
In Worlds, Inc. case against Activision, the judge issued a summary judgement in Activision's favor, as they had demonstrated that Worlds, Inc. had demonstrated the technologies of their patents in their client programs AlphaWorld and World Chat, released before the 1995 priority date, though this was related to filing irregularities that were subsequently corrected by the Patent Office.[98] Activision did not challenge the updated patents through an inter partes review (IPR), and subsequently after a statutory one-year waiting period, Worlds, Inc. filed a subsequently lawsuit against Activision, asserting Call of Duty: Ghosts violated their resolved patents.[99] Later, Worlds, Inc. stated the intent to add Bungie to the lawsuit contending that Destiny also fell afoul of their patents. Bungie subsequently filed three IPRs with the Patent Office for each of the three Worlds, Inc. patents at the core of the lawsuit. While Bungie initially won its IPR ruling at the USPTO, on appeal in September 2018, Worlds, Inc. won a ruling questioning whether Bungie had legal standing to file its IPRs.[100][101]
The new Worlds, Inc. case against Activision Blizzard was heard on October 3, 2014. With Bungie's IPRs pending at the Patent Office, the judge put the trial on hold pending the outcome of the IPRs. Worlds, Inc. challenged the IPRs at the Patent Office, as they did not include Activision as an interested party, a requirement that would have been necessary given the publisher/developer relationship between Activision and Bungie. The Patent Office did not accept this argument, and subsequently agreed with the Bungie IPRs that portions of Worlds, Inc. patents were invalid. Worlds, Inc. appealed to the Federal Circuit Appeals Court, challenging the validity of the IPRs due to the lack of Activision's involvement. The Federal Circuit court ruled in favor of Worlds, Inc. in September 2018, invalidating the Patent Office's decision.[102] Worlds, Inc.'s case presently remains at the Patent Office stage, which is re-reviewing the IPRs in consideration of the Federal Circuit's ruling.[103] The lawsuit was dismissed in 2021, when a US district court ruled that "Worlds' patents were abstract ideas that were not sufficiently transformative to be legally patentable."[104]
Infinity Ward
In early 2010, Activision fired Vince Zampella and Jason West, two of the founders of its studio Infinity Ward, on the basis of "breaches of contract and insubordination"; the move caused several other Infinity Ward staff to resign. Zampella and West created a new studio, Respawn Entertainment, with help from Electronic Arts' partner program, hiring the majority of those that departed Infinity Ward in their wake.[105][106][107]
Zampella and West filed a lawsuit in April 2010 against Activision, claiming unpaid royalties on the studio's Call of Duty: Modern Warfare 2. Activision filed a countersuit against the two, accusing the pair of being "self-serving schemers".[15] Activision later sought to add Electronic Arts to their suit, discovering that Zampella and West had been in discussions with them while still working for Activision, and further added claims against Zampella and West that the two had not returned all material related to Call of Duty while they were working at Respawn. A separate lawsuit was filed against Activision in April 2010 by several current and former members of Infinity Ward on the same basis of lack of unpaid royalties.[108]
All parties came to an undisclosed settlement to end all suits by May 2012. Electronic Arts and Activision had settled separately on Activision's charges of poaching employees, while the suits between Activision, Zampella, West, and the Infinity Ward employee group were settled by the end of May 2012. All settlements were made for undisclosed amounts.[109]
See also
Notes
References
- ↑ "Bobby Kotick Breaks His Silence: Embattled Activision CEO Addresses Toxic Workforce Claims as Microsoft Deal Hangs in Balance". Variety. May 31, 2023.
- ↑ "Activision Blizzard 2022 Annual Report". U.S. Securities and Exchange Commission. February 23, 2023.
- ↑ Tarver, Evan (March 15, 2016). "Top 5 Mutual Fund Holders of Activision Blizzard (ATVI, FOCPX)". Investopedia. Archived from the original on March 20, 2016. Retrieved March 29, 2016.
- 1 2 "Activision - Blizzard: Our Company". activisionblizzard.com. Archived from the original on January 18, 2016. Retrieved January 11, 2016.
- 1 2 "Activision Blizzard to Buy King Digital, Maker of Candy Crush". The New York Times. November 2, 2015. Archived from the original on November 6, 2015. Retrieved November 3, 2015.
- 1 2 3 4 5 6 "Activision Blizzard beefs up e-sports muscle". CNET. Archived from the original on January 3, 2016. Retrieved January 4, 2016.
- 1 2 Morris, Chris (October 22, 2015). "Why Activision-Blizzard just launched a new eSports division". Fortune. Archived from the original on November 10, 2015. Retrieved November 13, 2015.
- 1 2 Goldfarb, Andrew (November 6, 2015). "Call of Duty Movie, Skylander TV Show Headline New Activision Blizzard Film Studio". IGN. Archived from the original on November 6, 2015. Retrieved November 6, 2015.
- 1 2 "MW3 Breaks Black Ops Launch Record". November 11, 2011. Archived from the original on November 12, 2011. Retrieved November 11, 2011.
- 1 2 Call of Duty: Black Ops 3 selling 'significantly' better than Advanced Warfare and Ghosts Archived April 8, 2016, at the Wayback Machine By Samit Sarkar on November 11, 2015, at 5:30p @SamitSarkar
- 1 2 Knight, Shawn (January 15, 2016). "'Call of Duty: Black Ops III' was the best-selling game of 2015". TechSpot. Archived from the original on January 18, 2016. Retrieved January 28, 2016.
- ↑ Jordan, Jon (March 16, 2018). "Earnings report roundup: Game industry winners and losers in Q4 2017". www.gamasutra.com. Archived from the original on February 24, 2020. Retrieved August 26, 2018.
- 1 2 3 "Activision Publishing Files Patent Infringement Lawsuit against Worlds Inc. and Worlds Online Inc". Activision Blizzard press release. October 4, 2013. Archived from the original on April 16, 2016. Retrieved March 29, 2016.
- 1 2 "Activision Blizzard sued for patent infringement of virtual worlds usage". GamesIndustry.biz. April 6, 2012. Archived from the original on February 19, 2019. Retrieved February 19, 2019.
- 1 2 Reilly, Jim (April 9, 2010). "Activision Countersues Former Infinity Ward Execs". IGN. Archived from the original on May 15, 2010. Retrieved May 21, 2010.
- ↑ Allsup, Maeve (July 21, 2021). "Activision Blizzard Sued Over 'Frat Boy' culture, Harassment". Bloomberg Law. Archived from the original on August 2, 2021. Retrieved July 22, 2021.
- ↑ Grind, Kirsten; Needleman, Sarah E. (September 20, 2021). "SEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures". The Wall Street Journal. Archived from the original on September 20, 2021. Retrieved September 20, 2021.
- ↑ Schiffer, Zoe; Webster, Andrew (July 27, 2021). "Activision Blizzard employees to walk out following sexual harassment lawsuit". The Verge. Archived from the original on July 28, 2021. Retrieved July 27, 2021.
- ↑ McWhertor, Michael (August 3, 2021). "Activision Blizzard loses T-Mobile as sponsor for Overwatch, Call of Duty esports leagues". Polygon. Archived from the original on August 3, 2021. Retrieved November 19, 2021.
- ↑ "Amid harassment lawsuit, advertisers pull back from Blizzard's Overwatch League". Washington Post. ISSN 0190-8286. Archived from the original on August 6, 2021. Retrieved November 19, 2021.
- ↑ D'Anastasio, Cecilia. "Activision Blizzard Employees Are Done With CEO Bobby Kotick". Wired. ISSN 1059-1028. Archived from the original on November 17, 2021. Retrieved November 19, 2021.
- ↑ Warren, Tom (October 13, 2023). "Microsoft completes Activision Blizzard acquisition, Call of Duty now part of Xbox". The Verge. Retrieved October 13, 2023.
- ↑ Patnaik, Subrat. "Microsoft to buy 'Call of Duty' maker for $68.7 bln in gaming push". Reuters. Archived from the original on January 18, 2022. Retrieved January 18, 2022.
- 1 2 Beller, Peter (January 15, 2009). "Activision's Unlikely Hero". Forbes. Archived from the original on August 6, 2017. Retrieved February 12, 2019.
- ↑ "Vivendi and Activision to Create Activision Blizzard - World's Largest, Most Profitable Pure-Play Video Game Publisher". Activision.com. December 2, 2007. Archived from the original on February 7, 2012. Retrieved January 6, 2016.
- ↑ Sliwinski, Alexander. "EU greenlights Activision-Vivendi merger". Archived from the original on April 20, 2008. Retrieved May 3, 2008.
- ↑ Thang, Jimmy. "Activision/Vivendi Games Merger Approved: Stockholders support Activision Blizzard venture". Archived from the original on August 1, 2008.
- 1 2 "Vivendi and Activision Complete Transaction to Create Activision Blizzard" (Press release). Activision Blizzard. July 10, 2009. Archived from the original on October 30, 2023. Retrieved October 30, 2023.
- ↑ Alexander, Leigh (July 8, 2008). "Activision Blizzard Merger Official". Kotaku. Archived from the original on March 3, 2016. Retrieved January 15, 2016.
- ↑ Thorsen, Tor; Sinclair, Brendan (May 5, 2009). "Vivendi CEO Activision Blizzard's new chairman". GameSpot. Archived from the original on July 17, 2012. Retrieved August 27, 2009.
- ↑ Alexander, Leigh (July 10, 2008). "Activision Blizzard Merger Finalized". kotaku.com. Archived from the original on July 20, 2018. Retrieved July 20, 2018.
- 1 2 "Blizzard stay autonomous in Activision merger, Sierra not so lucky - Strategy Informer". Archived from the original on July 29, 2008.
- ↑ Saltzman, Marc (August 2, 2008). "Gaming merger leaves Ghostbusters in limbo". Toronto Star. Archived from the original on September 7, 2008. Retrieved February 13, 2009.
- ↑ Sinclair, Brendan. "Brutal Legend, Ghostbusters, more dropped by Activision". Archived from the original on April 7, 2009.
- ↑ Noonan, Keith (April 20, 2018). "Activision Blizzard Aims to Breathe New Life Into This Classic Franchise". The Motley Fool. Archived from the original on March 6, 2019. Retrieved March 2, 2019.
- ↑ Klepek, Patrick (April 29, 2010). "Industry Shocker: Developer Bungie Signs Deal With Activision". G4tv.com. Archived from the original on January 12, 2013. Retrieved April 30, 2010.
- ↑ Kohler, Chris (April 29, 2010). "Bungie, Activision Sign 10-Year Publishing Deal". Wired. Archived from the original on May 2, 2010. Retrieved April 30, 2010.
- ↑ Palmer, Maija; Bradshaw, Tim (June 30, 2010). "Computer games industry hits at tax rethink". Financial Times. Archived from the original on July 3, 2010. Retrieved June 30, 2010.
- ↑ Crecente, Brian (November 11, 2011). "Call of Duty: Modern Warfare 3 Shatters All Sales Records". Kotaku. Archived from the original on November 13, 2011. Retrieved November 11, 2011.
- 1 2 3 Ewalt, David (July 29, 2011). "Bobby Kotick On Hatching Skylanders: Spyro's Adventure". Forbes. Archived from the original on May 27, 2015. Retrieved August 29, 2015.
- ↑ "Skylanders story". polygon.com. April 16, 2014. Archived from the original on September 1, 2015. Retrieved August 29, 2015.
- ↑ Takahashi, Dean (June 5, 2012). "With Skylanders Giants, Activision could dominate toys and video games (video and gallery)". VentureBeat. Archived from the original on January 22, 2016. Retrieved August 29, 2015.
- ↑ Appell, Adrienne. "Toy Industry Unveils Nominees for 2012 Toy of the Year (TOTY) Awards; Announces Inductees into Toy Industry Hall of Fame". Toy Industry Association. Archived from the original on June 7, 2012. Retrieved July 8, 2017.
- 1 2 "Activision Blizzard Announces Transformative Purchase of Shares from Vivendi and New Capital Structure". Archived from the original on July 28, 2013. Retrieved July 25, 2013.
- ↑ Seppala, Timothy (October 13, 2013). "Activision Blizzard completes buyback from Vivendi Universal in multi-billion dollar deal". Engadget. Archived from the original on January 3, 2016. Retrieved August 29, 2015.
- ↑ Makuch, Eddie (October 12, 2013). "Activision Blizzard completes buyback from Vivendi". GameSpot. Archived from the original on October 15, 2013. Retrieved October 15, 2013.
- ↑ "Vivendi to sell 41.5 million Activision Blizzard shares". Archived from the original on July 14, 2014. Retrieved July 6, 2014.
- ↑ Hussain, Tamoor (January 15, 2016). "Vivendi Sells Remaining Activision Blizzard Stake to Unknown Buyer". Archived from the original on October 2, 2017. Retrieved January 23, 2018.
- 1 2 Kain, Erik (September 10, 2014). "'Destiny' Crosses $500 Million On Day One, Biggest New Video Game Launch Ever". Forbes. Archived from the original on September 10, 2014. Retrieved August 29, 2015.
- ↑ Chmielewski, Dawn (December 10, 2013). "Challenge for Activision CEO: capitalizing on next-gen game consoles". Los Angeles Times. Archived from the original on October 24, 2015. Retrieved August 29, 2015.
- ↑ "The Top 25 Public Companies Generated $54.1Bn Game Revenues in 2014, Up 10.4% Year-on-Year". NewZoo. April 20, 2015. Archived from the original on May 22, 2015. Retrieved May 22, 2015.
- ↑ "Activision Blizzard - Annual Report 2013" (PDF). Archived (PDF) from the original on July 14, 2014.
- ↑ Takahashi, Dean (August 27, 2015). "Call of Duty publisher Activision Blizzard joins the S&P 500". VentureBeat. Archived from the original on September 5, 2015. Retrieved October 23, 2015.
- ↑ Yin-Poole, Wesley (June 3, 2015). "Skylanders SuperChargers adds vehicles to the list". Eurogamer. Archived from the original on July 6, 2015. Retrieved June 3, 2015.
- ↑ Parfitt, Ben (September 18, 2015). "Destiny: The Taken King claims PSN's records". MCV - UK. Archived from the original on October 22, 2015. Retrieved October 23, 2015.
- ↑ Vincent, James (January 13, 2016). "Activision Blizzard recruits ex-Tarantino producer to turn its video games into films". The Verge. Archived from the original on December 9, 2018. Retrieved December 19, 2018.
- ↑ Jackson, Jasper (April 5, 2017). "Could the Call of Duty franchise be the next Marvel?". The Guardian. ISSN 0261-3077. Archived from the original on December 9, 2018. Retrieved December 19, 2018.
- ↑ "Activision Blizzard Aims for the Big Leagues". Archived from the original on January 25, 2018. Retrieved January 23, 2018.
- 1 2 Axon, Samuel (February 12, 2019). "Activision-Blizzard lays off 775 people after "record results in 2018"". Ars Technica. Archived from the original on February 12, 2019. Retrieved February 12, 2019.
- ↑ Bailey, Dustin (March 1, 2019). "Activision reports $164 million in revenue from handing Destiny back to Bungie". PCGamesN. Archived from the original on March 2, 2019. Retrieved March 2, 2019.
- ↑ Makuch, Eddie (March 11, 2020). "Activision Blizzard Has A New President -- Here's How Much Money He Makes". GameSpot. Archived from the original on July 26, 2020. Retrieved March 11, 2020.
- ↑ "Lockdown and loaded: virus triggers video game boost". BBC News. May 6, 2020. Archived from the original on July 9, 2020. Retrieved May 6, 2020.
- ↑ Taylor, Mollie (January 21, 2021). "Activision Blizzard is currently valued at $72 billion". PC Gamer. Archived from the original on January 21, 2021. Retrieved January 21, 2021.
- ↑ Kerr, Chris (February 18, 2021). "Saudi investment fund acquires shares in Activision Blizzard, Take-Two, and EA". Gamasutra. Archived from the original on February 18, 2021. Retrieved February 18, 2021.
- ↑ "Fernando Machado join Activision Blizzard as CMO". Ad Age. April 2, 2021. Archived from the original on October 9, 2021. Retrieved October 9, 2021.
- ↑ Partis, Danielle (April 29, 2021). "Activision Blizzard CEO Bobby Kotick takes 50% pay cut". GamesIndustry.biz. Archived from the original on January 21, 2022. Retrieved April 29, 2021.
- ↑ Orland, Kyle (August 3, 2021). "Shareholders sue Activision Blizzard for withholding harassment info". Ars Technica. Archived from the original on August 3, 2021. Retrieved August 3, 2021.
- ↑ Allsup, Maeve (April 20, 2022). "Activision Gets Investor Suit Over Sex Harassment Probes Tossed". Bloomberg Law. Retrieved April 20, 2022.
- ↑ Robertson, Adi (September 27, 2021). "US employment watchdog sues Activision Blizzard over discrimination claims". The Verge. Archived from the original on September 27, 2021. Retrieved September 27, 2021.
- ↑ Sorkin, Andrew Ross; Hirsch, Lauren (December 15, 2023). "California Drops Sexual Harassment Suit in $54 Million Settlement With Activision". The New York Times. Retrieved December 15, 2023.
- ↑ "Activision Blizzard shareholders approve $68.7 bln Microsoft deal". Reuters. April 28, 2022. Retrieved April 29, 2022.
- ↑ Ivan, Tom (October 13, 2023). "Microsoft has officially completed its acquisition of Activision Blizzard". Video Games Chronicle. Retrieved October 13, 2023.
- ↑ "Activision Blizzard Announces Fourth Quarter and 2022 Financial Results". Yahoo Finance. February 6, 2023. Retrieved December 30, 2023.
- ↑ Makuch, Eddie (October 13, 2023). "Microsoft Officially Acquires Activision, Nearly Two Years Later; Bobby Kotick Resigns". GameSpot. Retrieved October 13, 2023.
- ↑ Spangler, Todd (December 20, 2023). "Microsoft Sets New Activision Blizzard Management Structure as Bobby Kotick Confirms Exit Date". Variety. Retrieved December 30, 2023.
- ↑ "2017 Annual Report". Activision Blizzard. pp. 2–3. Archived from the original on July 30, 2018. Retrieved July 20, 2018.
- ↑ "About Our Company: Our Operating Units". Activision Blizzard. Archived from the original on January 18, 2022. Retrieved January 18, 2022.
- 1 2 3 4 5 Walton, Mark (January 4, 2016). "Report: Major League Gaming shuttered after $46 million Activision buyout". Ars Technica. Archived from the original on January 4, 2016. Retrieved January 4, 2016.
- 1 2 Wingfield, Nick (January 4, 2016). "Activision Buys Major League Gaming to Broaden Role in E-Sports". The New York Times. Archived from the original on January 14, 2016. Retrieved January 5, 2016.
- ↑ "Blizzard to launch pro sports league for 'Overwatch'". USA TODAY. Archived from the original on September 14, 2017. Retrieved December 21, 2018.
- ↑ "Blizzard to launch pro sports league for 'Overwatch'". USA TODAY. Archived from the original on September 14, 2017. Retrieved January 6, 2019.
- ↑ Song, Kelly (July 16, 2017). "Activision Blizzard is building a professional esports league". www.cnbc.com. Archived from the original on January 6, 2019. Retrieved January 6, 2019.
- ↑ Makuch, Eddie (August 8, 2018). "Overwatch League Grand Finals Reached Nearly 11 Million Viewers". GameSpot. Archived from the original on January 6, 2019. Retrieved January 6, 2019.
- ↑ "Overwatch League aims to get teams to their home cities by 2020, sources said". ESPN.com. June 6, 2018. Archived from the original on January 6, 2019. Retrieved January 6, 2019.
- ↑ Seitz, Patrick (July 11, 2018). "Activision Signs Esports Broadcast Deal With Disney For Overwatch League". Investor's Business Daily. Archived from the original on January 6, 2019. Retrieved January 6, 2019.
- ↑ Gutierrez, Carlos M. Jr. (March 27, 2017). "Activision Blizzard CEO Bobby Kotick on Inspiring Play, Competition, and Community". Huffington Post. Archived from the original on October 6, 2017. Retrieved January 6, 2019.
- ↑ Spangler, Todd (January 24, 2020). "YouTube Scores Exclusive Streaming for Activision Blizzard's E-Sports, Including Overwatch and Call of Duty Leagues". Variety. Archived from the original on May 26, 2020. Retrieved January 24, 2020.
- ↑ Stern, Adam (February 16, 2020). "Sources: YouTube's Deal With Activision Blizzard Valued At $160M". The Esports Observer. Archived from the original on February 16, 2020. Retrieved February 16, 2020.
- ↑ Fogel, Stefanie (October 15, 2018). "Call of Duty Endowment Finds Jobs For 50,000 Veterans". Variety. Archived from the original on February 16, 2019. Retrieved April 10, 2019.
- ↑ Gutierrez, Carlos M. Jr. (March 27, 2017). "Activision Blizzard CEO Bobby Kotick on Inspiring Play, Competition, and Communit". Huffington Post. Archived from the original on October 6, 2017. Retrieved January 20, 2019.
- ↑ Fogel, Stefanie (October 15, 2018). "Call of Duty Endowment Finds Jobs For 50,000 Veterans". Variety.com. Archived from the original on February 16, 2019. Retrieved January 20, 2019.
- ↑ "Call of Duty Endowment and U.S. Army create Code Bowl esports event for armed forces". VentureBeat. December 5, 2019. Archived from the original on May 31, 2020. Retrieved May 27, 2020.
- ↑ Krangel, Eric (March 11, 2009). "Worlds.com CEO: We're 'Absolutely' Going To Sue Second Life And World Of Warcraft". Business Insider. Archived from the original on April 4, 2016. Retrieved March 29, 2016.
- ↑ Bayer, Rudi (April 27, 2010). "Worlds.com vs. NCsoft lawsuit settled". Joystiq. Archived from the original on February 10, 2015. Retrieved February 18, 2019.
- ↑ Suszek, Mike (October 7, 2013). "Activision files virtual worlds patent countersuit against Worlds Inc". Engadget. Archived from the original on April 26, 2016. Retrieved March 29, 2016.
- ↑ Corriea, Alexa Ray (October 7, 2013). "Activision files software patent infringement suit against Worlds Inc". Polygon. Archived from the original on February 20, 2019. Retrieved February 19, 2019.
- ↑ "Activision Publishing Lawsuit Against Worlds Inc., Worlds Online Dismissed With Prejudice". Worlds Inc. Archived from the original on February 19, 2019. Retrieved February 19, 2019 – via Yahoo! Finance/Marketwired.
- ↑ Harper, Elizaabeth (March 19, 2014). "Blizzard scores a victory against patent troll Worlds, Inc". Engadget. Archived from the original on April 26, 2016. Retrieved March 29, 2016.
- ↑ Roberts, Jeff (March 14, 2014). "World of Warcraft beats trolls in fight over 1996 "virtual worlds" patent". Gigaom. Archived from the original on April 5, 2016. Retrieved March 29, 2016.
- ↑ "Worlds Wins Full Reversal of PTAB Invalidation Ruling from U.S. Court of Appeals for the Federal Circuit (CAFC)". Globe Newswire (Press release). September 10, 2018. Archived from the original on January 18, 2022. Retrieved January 18, 2022.
- ↑ Decker, Susan (September 7, 2018). "Worlds Wins Appeals Court Ruling in Activision Patent Fight". Bloomberg Law. Archived from the original on January 18, 2022. Retrieved January 18, 2022.
- ↑ "Worlds Inc. v. Bungie, Inc. – Patent Arcade". patentarcade.com. Archived from the original on February 19, 2019. Retrieved February 19, 2019.
- ↑ "USPTO Review Validates 6 Worlds Inc. Patent Claims for Multi-Player Online Gaming Technology" (Press release). Worlds Inc. December 1, 2016. Archived from the original on February 20, 2019. Retrieved February 19, 2019 – via GlobeNewswire News Room.
- ↑ Boudreau, Ian (May 5, 2021). "After nine years, judge throws out WoW patent lawsuit". PC Games N. Archived from the original on January 18, 2022. Retrieved January 18, 2022.
- ↑ Kollar, Phil (March 1, 2010). "UPDATE: Infinity Ward Vs. Activision". GameInformer. Archived from the original on May 8, 2010. Retrieved May 21, 2010.
- ↑ Walker, Richard (March 4, 2010). "Future Modern Warfare Releases Could Be Vetoed By West and Zampella". Xbox360Achievements. Archived from the original on June 4, 2010. Retrieved May 21, 2010.
- ↑ "Who Remains At Infinity Ward ?". www.cynicalsmirk.com. Archived from the original on December 30, 2020. Retrieved January 23, 2022.
- ↑ Ryckert, Dan (April 27, 2010). "Activision Sued By New "Infinity Ward Employee Group"". GameInformer. Archived from the original on June 4, 2010. Retrieved May 21, 2010.
- ↑ McWhertor, Michael (May 31, 2012). "Settlement reached in Call of Duty's billion dollar West v. Activision lawsuit". Polygon. Archived from the original on February 20, 2019. Retrieved February 19, 2019.
External links
- Official website
- Historical business data for Activision Blizzard:
- SEC filings