Posts with tag Activision-Blizzard
by Alexander Sliwinski May 19th 2008 10:55AM
Filed under: Culture, Business
EA's VP of corporate communications, Jeff Brown, says that Activision and Vivendi pulling out of the ESA shows a "lack of leadership" from the two (
soon to become one) large publisher. Brown tells
GI.biz that EA has no plans of leaving the lobbying and business affairs group, expressing that a big company like EA has a "responsibility to consumers" to work on policy issues and it should be done through "industry consensus."
EA will not be leaving the ESA, but Brown urges the organization to make a strong case to remaining members. He insists that it's the ESA's job to "prove" that membership is for the good of the publishers, but believes with Activision/Vivendi leaving, along with
LucasArts announcing its departure last week, that the organization will be proving itself more. Now, whether that proving is in the public spotlight or behind the scenes (which is normal for a lobbying group) is something the ESA is going to have to work out after these very public publisher exits.
by Alexander Sliwinski May 14th 2008 6:15PM
Filed under: Business
Vivendi Games, soon to merge with Activision and become the goliath
Activision Blizzard, saw its
sales fall 24% from Q1 last year, thanks to the lack of a
World of Warcraft expansion. The percentage may be down, but the money still flows like an Azerothian river, with Blizzard contributing €192 million of Vivendi's €221 million in sales this quarter. Vivendi also announced that
WoW added another 700,000 players and the Sierra divisions performed "slightly higher" than last year.
With Vivendi expecting the next
WoW expansion,
Wrath of the Lich King,
sometime later in 2008, we'll plan on a Naaru size jolt to Activision Blizzard's cash flow at that time. For now, Vivendi will just have to enjoy the disgusting amounts of cash it gets from
WoW, instead of the nauseating amounts Activision Blizzard will make from the
WotLK release.
by Alexander Sliwinski May 5th 2008 3:55PM
Filed under: Business
In advance of this Thursday's release of Activision's Q4 financial results, Wedbush Morgan analyst extraordinaire Michael Pachter expects Activision's sales were up 88% this quarter over last year, based on
NPD data.
GameDaily reports Activision's guidance expected revenues of about $350 million this quarter, but Pachter believes it's more like $425 million.
Pachter further notes that Activision may see revenues decline this fiscal year as sales from
Guitar Hero III and
Call of Duty 4 wane, though the big thing for investors remains the approaching merger with Vivendi Games.
Activision Blizzard should be a reality in the next few weeks and Pachter maintains a "Buy" rating on the company.
by Alexander Sliwinski May 2nd 2008 11:12AM
Filed under: Business
Following up on a rumor posted on
Kotaku, we've just learned that Activision and Vivendi Games has discontinued its membership with the Entertainment Software Association. This information comes in the wake of yesterday's announcement that
Activision and Vivendi would not attend E3 this year.
The ESA's Rich Taylor, senior VP of communications and research (full quote after the break) says, "We can confirm that Activision and Vivendi Games opted to discontinue their membership. The ESA remains dedicated to advancing our industrys objectives such as protecting intellectual property, preserving First Amendment rights, and fostering a beneficial environment for the entire industry."
Continue reading Breaking: Activision and Vivendi discontinue ESA membership
by Scott Jon Siegel Apr 21st 2008 3:15PM
Filed under: Business
It appears that one member of the
Activision family has been disowned. GamesIndustry.biz reports that
Activision will be closing Underground Development, its development studio in Foster City, California. The studio currently holds 45 employees, whom Activision is currently trying to relocate to other studios.
Underground -- formerly known as Z-Axis -- was acquired by Activision back in 2002, and was renamed to Underground just last month. The studio worked on the
Dave Mirra BMX series, the
Aggressive Inline series, and was notably the developer of the shudder-inducing
BMX XXX. Most recently, the studio completed work on
X-Men 3: The Last Stand, and the port of
Enemy Territories: Quake Wars for the Playstation 3, due out in May.
by Alexander Sliwinski Apr 16th 2008 1:00PM
Filed under: Business
The European Commission has given permission to the games division of French telecom and media group, Vivendi, to run free into the arms of Activision. This is one of the final loose ends left in the $9.85 billion deal spawning the behemoth known as
Activision Blizzard (or by its street name: Actilizzard? Blizzavision?). Vivendi will procure a 52% stake in the
EA rival and is expected to have annual revenue of $3.8 billion.
The Commission essentially needed to approve that there weren't any
antitrust issues in the mega-merger. In its report the group stated that there are several effective competitors in the market, such as EA and the game console manufacturers. Guess it's time to start ordering the office stationary.
by Justin McElroy Apr 9th 2008 11:00AM
Filed under: Features, Business
Thanks to a pending
merger with Blizzard, the Activision family is going to be growing in the near future, but a look at its current development resources reveals that the company already has a pretty diverse galaxy of stars. With such a variety, how will you ever keep track of all the devs under the Activision bumbershoot? Worry not, dear reader.
We've got you covered.
(Also: Check out our other
family albums.)
by Alexander Sliwinski Mar 19th 2008 3:30PM
Filed under: Business
Blizzard might get a free pass when
Activision officially takes over Vivendi Games, but the
Sierra branch of the company isn't so lucky.
Variety reports that Sierra developers will have to justify their games currently in development to Activision executives once the merger is complete and re-pitch their work to survive.
Variety believes games expected this year like
Bourne,
Prototype, Brutal Legend and
Ghostbusters are safe, but that games for '09 (titles that we'd probably hear about for the first time at E3) are all in limbo. For example, will there be another Bourne game when it conflicts with
Activision's James Bond license? The fate of Sierra titles now lies in the whims of Activision execs.
*In case you're justifiably young enough not to know who Roberta Williams is, here's a link. by James Ransom-Wiley Mar 5th 2008 12:10PM
Filed under: MMO, Business
Soon-to-be CEO of merged mega-publisher
Activision Blizzard, Activision head Bobby Kotick mused on latent cash cows at the Morgan Stanley Technology Conference in Dana Point, California. Kotick clearly senses the possibility of transforming his million-dollar franchises into billion-dollar franchises.
MMOrph them! "[What] would be the natural evolution of a property like
Call of Duty into a massively multiplayer environment -- how do you monetize that?" wondered Kotick. That
is the question, Bobby. Lucky for you, you can just sit back and let the
WoW think tank (a.k.a. your $1b investment) do the answering ... *fingers crossed*.
by Justin McElroy Mar 5th 2008 11:10AM
Filed under: PC, Rhythm
When Activision
joins forces with Blizzard soon, the company won't just be looking to ride the wave of love for the
World of Warcraft dev's IPs, they'll also be looking to draw on its experience. While
speaking yesterday at the at the Morgan Stanley Technology Conference, Activision CEO Bobby Kotick said that he would use Blizzard's "institutional expertise" to bring the
Guitar Hero franchise to the hundreds of thousands of game rooms in countries like China and Korea ... No, not exactly what we'd like to see Blizzard spend its time on either, but it's not our money.
Kotick also brought up the possibility of adding other instruments to the
Guitar Hero franchise, and idea we'd humbly suggest he move from the "Good Thought" folder to the "You Have To Do This Or No One Will Play Your Game Anymore" folder.
by Alexander Sliwinski Feb 29th 2008 6:30PM
Filed under: Mac, PC, Business
Earlier this week Activision CEO Bobby Kotick made a
bold statement saying that even with a $500 million or $1 billion investment his company couldn't produce a product that could compete with
World of Warcraft -- lucky for him
his company owns it.
GameDaily reports that Lars Buttler, former VP of online at EA and current CEO of server-based game company Trion World Network, believes Kotick is just looking to scare off the competition.
Buttler tells the site that Kotick is just
defending the merger and believes
WoW is just the beginning of the "connected era." Buttler goes on to use some fancy buzzwords but dismisses the idea that nobody can take on
WoW no matter what the investment. He even says if developers disagree with Kotick that they should call his company. Trion is currently starting up and allegedly has products "well under way," but currently has no announcements.
by Justin McElroy Feb 28th 2008 3:00PM
Filed under: PC, MMO
We all know that
World of Warcraft rules the MMO space with a sun-deprived, Cheetoh-dust-stained fist. But just how extensive is that rule? Well, to give you some idea, Activision CEO Bobby Kotick has just told GamesIndustry.biz "We don't think that even if we made the USD 500 million or billion-dollar investment to get a product out [to compete with
WoW] that we would even be successful doing it."
Admittedly, Kotick has a horse in this race (what with his company
owning the game now) and he could just be trying to scare off all comers. But when you look at the game's crazy (and preposterously still growing) fan base, it's hard to really dispute his case.
by Scott Jon Siegel Feb 27th 2008 10:00AM
Filed under: Business
Turns out not everybody's happy with the
recently-announced formation of super-company Activision Blizzard. One particular investor group is
suing Activision, claiming that the merger will leave its shareholders in an "unfavorable minority position."
Since Vivendi comes out on top in the merger -- with 52% majority ownership of Activision -- the Wayne County Employees' Retirement System believes Activision didn't think of the stockholders when accepting the deal, which it claims otherwise could have proven more lucrative. No further details of the lawsuit are known at this time. The
Activision Blizzard merger is scheduled to occur sometime in the first half of this year.
[Via
Next-Gen]
by Ross Miller Feb 1st 2008 11:00AM
Filed under: Sony PlayStation 3, Nintendo Wii, Microsoft Xbox 360, Sports, Business
Electronic Arts might have found a contender for Tony Hawk's throne, as the publisher's skateboard title
Skate enjoyed almost double the sales of the pro skater's latest. In yesterday's
earning call report, EA reported, "on current generation systems,
Skate outsold
Tony Hawk [
Proving Ground] nearly 2 to 1."
Although
Skate had a one-month head start in both US and Europe, both titles were out long enough to be well-stocked for the
crucial holiday season. While we're glad to have a quality competitor in the long-dominated skateboarding genre, we can only foresee a constant stream of bickering between the EA and
Tony Hawk publisher Activision Blizzard at the Annual Giant Game Publishers Valentine's Day Dance.
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