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JBeckman
VIP Member
Posts: 34986
Location: Sweden
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 Posted: Thu, 19th Sep 2013 11:58 Post subject: |
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http://www.shacknews.com/article/81203/activision-separation-from-vivendi-halted
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Vivendi's plan to sell its shares of Activision Blizzard has been suspended. The reason? A lawsuit from an Activision shareholder is preventing the companies from officially splitting up.
Activision says it's still "committed" to completing the "transaction" with Vivendi. Forbes points out that "the easiest and quickest way" of making this happen would be to settle the lawsuit. However, "this might lead to further claims being launched by other shareholders."
According to Bloomberg, the stock purchase agreement has a termination date of October 15 and that after that, any party may elect to terminate it, meaning the clock is ticking if Kotick and company want this deal to wrap up.
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JBeckman
VIP Member
Posts: 34986
Location: Sweden
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| Posted: Thu, 17th Jul 2014 14:05 Post subject: |
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http://www.actiontrip.com/news/bobby-kotick-was-almost-fired/071614_9
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Vivendi higher-ups almost fired Activision Blizzard CEO Bobby Kotick in May 2013. When Vivendi was discussing selling Vivendi's shares of stock back to Activision, Kotick threatened to quit if they didn't let him lead an investor group that bought most of Vivendi's stock.
In response to Kotick's threats, Vivendi's then-CEO asked who would fire him. Vivendi's CFO at the time Philippe Capron "happily" offered to fire Kotick. Richard Sarnoff, one of Activision's independent directors, said he would help Vivendi if they did fire Kotick.
This was unearthed in emails from the executives as presented in a current lawsuit regarding the sale. Several shareholders have accused Kotick and his investment group of violating their fiduciary duties to shareholders by "approving a self-dealing and unfair transaction." A judge in Delaware recently ruled that the suit has merit, and Kotick and Activision chairman Brian Kelly must face these shareholders' claims.
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Przepraszam
VIP Member
Posts: 14497
Location: Poland. New York.
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| Posted: Thu, 17th Jul 2014 14:28 Post subject: |
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Damn. Sucks that this not happened. Activision-Blizzard would be much better off without this asshole in charge.
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Cyb3r
Posts: 615
Location: USA
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| Posted: Thu, 17th Jul 2014 20:48 Post subject: |
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^ idd way better off with that asshole gone
Case: Nanoxia Deep Silence 6 (Black) | MB: Msi X99A Gaming 9 | CPU: i7 5960x
CPU Cooling(temp): Corsair 110i Gtx | PSU: Evga Supernova 1000w | GPU: Gigabyte G1 Gaming 980ti 6gb | RAM: 16gb Ripjaws 4 3200mhz | Screen: Asus MG279Q / LG 23" Ips
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| Posted: Thu, 17th Jul 2014 23:53 Post subject: |
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Yep, he's probably the one holding back all the awesome unreleased games made by Blizzard. With that bastard gone, everything will be great again.
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Przepraszam
VIP Member
Posts: 14497
Location: Poland. New York.
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| Posted: Tue, 12th Aug 2014 00:28 Post subject: |
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| Posted: Fri, 15th Jan 2016 18:43 Post subject: |
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| Posted: Tue, 19th Jul 2016 10:55 Post subject: |
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Opinion: Activision Needs To Stop Making Bad Licensed Games
Exploiting fans' enthusiasm with poor games is a bad habit.
| Quote: | It’s well past time for Activision to join the rest of the major game publishers and stop its cynical practice of publishing low-effort movie and TV tie-in games that prey on unsuspecting and uninformed gamers.
Hell hath no fury like a fan scorned, and by routinely publishing bad low-budget games based on beloved movie and TV franchises with enthusiastic fanbases, Activision has earned a lot of it. So far in 2016 alone, it has published the terrible Teenage Mutant Ninja Turtles: Mutants in Manhattan (review score: 4.8 ) and last week’s generic and dull Ghostbusters game (review score: 4.4). Conspicuously, in both cases review copies weren’t sent out until the day of release. That’s something that could happen for innocent reasons, so it proves nothing – but if I were about to release a game I knew was bad and wanted to conceal that fact from gamers until after many people had already bought it, that’s how I’d do it.
This isn’t a new trend. Last year’s lineup was small, including only Spongebob Heropants, which was launched so stealthily that this is the only review of it I could find, and the surprisingly decent Transformers: Devastation (because there’s an exception to every rule). But in a spectacularly bad 2014, Activision released the not-so-amazing The Amazing Spider-Man 2 (review score: 5.4), the messy Legend of Korra (review score 4.2), the clunky Transformers: Rise of the Dark Spark (review score: 4.9), and the disappointing TMNT: Danger of the Ooze (review score: 5.0). |
http://www.ign.com/articles/2016/07/18/opinion-activision-needs-to-stop-making-bad-licensed-games
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