Tag Archives: Activision Blizzard

Activision Blizzard sued by shareholder over Vivendi buyback

Todd Miller, an Activison Blizzard shareholder, has filed a lawsuit over Activision’s recent purchase of Vivendi’s majority stake in the firm. GamePolitics reports Miller filed the suit against Activision, CEO Bobby Kottick, and the rest of the company’s board of directors for a breach of fiduciary duties, waste of corporate …

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Activision Blizzard Q2: $1.05bn net revenue, $4.6bn in cash and assets

Activision Blizzard has announced financial results for the second quarter of its current fiscal year, reporting net revenue of over $1bn for the period. The $1.05bn earned by Activision during the three month period was just under the $1.08bn brought in by the firm during the same portion of 2012. …

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New Moshi Monsters game Katsuma Unleashed coming to retail this October

Mind Candy has announced another boxed outing for its worldwide kids hit, Moshi Monsters. Following the success of DS and 3DS titles Moshi Monsters: Moshlings Zoo and Moshi Monsters: Moshlings Theme Park, the firm is once again targeting handheld gamers with Katsuma Unleashed. The new game will once again be …

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Another 300,000 gamers abandon World of Warcraft

The number of monthly subscribers still enjoying Blizzard’s MMO phenomenon World of Warcraft has dropped to 7.7m. It was last reported at 8m back in April, having dropped by 1.3m since February. The game’s population has been gradually dropping since it peaked at 12m subscribers in October 2010. This is …

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Vivendi seeks payout after Acitivision Blizzard sale fails

French telecoms giant Vivendi is reportedly looking for ways to extract cash from Activision Blizzard. The company currently owns a 61 per cent stake in the Call of Duty publisher, but has been trying to sell this over the past few months. With no interest from other parties, Vivendi is …

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Destiny gets "biggest ever new IP investment" from Activision

Bungie’s promising Destiny has been given some heavyweight financial backing from publisher Activision. In fact, Activision Publishing CEO Eric Hirshberg reckons his company’s investment may be the largest ever in new video games IP. It’s a sizeable investment – probably one of the biggest investments in a new IP that’s …

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Activision on why Skylanders isn’t afraid of Disney Infinity

Skylanders is the best selling video game this year, so perhaps it was inevitable that a kids giant like Disney would try to take a cut of the market. MCV asks Skylanders business unit VP Joshua Taub and VP of marketing John Coyne what they are doing in response. And …

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No Skylanders movie or cartoon, says Activision

Publisher Activision has ended hopes of a Skylanders cartoon or movie. Speaking to MCV, the firm says that the video game ‘is the entertainment’ and that the regular release of new toys is the best way to keep kids engaged. Kids, when they see the new toys, it is a …

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