No E3 for Activision

Well, for those of you anxious to read about another handheld Tony Hawk game or ... something else from Activision, we're sad to report that they won't be at E3 this year. They've gone ahead and bailed out of the show.

"After careful consideration, for business reasons Activision has decided not to participate in any official E3 activities. We wish the ESA best of luck with the show." Could it be that they're not on board with the event because, well, it's gone downhill ever since they changed the set-up? Or, does the #1 company in the game industry see no need to participate in an event such as this?

[Via Joystiq]