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News & Features Discussion  » World of Warcraft: Bobby Kotick Leads Buyout of Activision-Blizzard

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68 posts found
  SBFord

Associate Editor - News Manager

Joined: 6/28/10
Posts: 14023

 
OP  7/26/13 5:58:25 AM#1

CEO Bobby Kotick has led an investor buyout of Activision-Blizzard from Vivendi. Under the terms of the buyout, Kotick and an investment group have purchased nearly $9 billion worth of stock shares from Vivendi. Activision-Blizzard will become an independently held company after the purchase is finalized.

With Vivendi no longer a major stakeholder, Activision Blizzard becomes an independent company led by Kotick and Kelly, whose investment group also includes Chinese operator Tencent, Davis Advisors and Leonard Green & Partners.

"These transactions together represent a tremendous opportunity for Activision Blizzard and all its shareholders, including Vivendi," said Kotick.

"We should emerge even stronger-an independent company with a best-in-class franchise portfolio and the focus and flexibility to drive long-term shareholder value and expand our leadership position as one of the world's most important entertainment companies. The transactions announced today will allow us to take advantage of attractive financing markets while still retaining more than $3 billion cash on hand to preserve financial stability."

During the quarterly investor's call, it was also revealed that World of Warcraft subscriptions have fallen to 7.7 million, down from the last report.

Read more at GamesIndustry.biz.

Associate Editor: MMORPG.com
Follow me on Twitter: @MMORPGMom

  expresso

Tipster

Joined: 3/10/10
Posts: 2170

7/26/13 6:07:13 AM#2

He's such a happy chappy.

Sad thing is this will likey but AB into debt, hope blizzard don't abondon their "done when it's done" attitude.  But on the plus side there is now one less cook in the kitchen.

  Aldous.Huxley

Apprentice Member

Joined: 5/04/13
Posts: 443

7/26/13 6:07:44 AM#3
This picture makes my "e-peen" shrivel.

  Loke666

Hard Core Member

Joined: 10/29/07
Posts: 16806

7/26/13 6:08:23 AM#4
Good, but Blizzard really should buy themselves out from Activision as well.
  Chrisbox

Hard Core Member

Joined: 7/15/10
Posts: 1620

7/26/13 6:12:15 AM#5
Originally posted by Loke666
Good, but Blizzard really should buy themselves out from Activision as well.

This ^

Played-Everything
Playing-FFXIV:ARR

  coretex666

Hard Core Member

Joined: 1/03/12
Posts: 1831

"I shall take your position into consideration"

7/26/13 6:13:48 AM#6
Great news for Blizzard. I was worried about their future considering the plans of their current owners.

Currently playing: L2 Chronicle 4

  coretex666

Hard Core Member

Joined: 1/03/12
Posts: 1831

"I shall take your position into consideration"

7/26/13 6:17:20 AM#7
Originally posted by Loke666
Good, but Blizzard really should buy themselves out from Activision as well.

Would it be possible for them? I mean it is a nice idea on the paper, but have you checked their FS?

Currently playing: L2 Chronicle 4

  Kaerigan

Novice Member

Joined: 11/18/06
Posts: 713

7/26/13 6:21:39 AM#8
Originally posted by coretex666
Great news for Blizzard. I was worried about their future considering the plans of their current owners.

Kotick's pretty much Satan himself so I doubt it'll get any better from here on out.

<childish, provocative and highly speculative banner about your favorite game goes here>

  aspekx

Novice Member

Joined: 12/24/05
Posts: 2197

7/26/13 6:22:36 AM#9
i thought most of the early Blizz founders had already bailed with their cash just recently.

"There are at least two kinds of games.
One could be called finite, the other infinite.
A finite game is played for the purpose of winning,
an infinite game for the purpose of continuing play."
Finite and Infinite Games, James Carse

  Lawlmonster

Advanced Member

Joined: 10/07/09
Posts: 952

Take my advice, I'm not using it anyway.

7/26/13 6:30:27 AM#10
Effin' Kotick.

"This is life! We suffer and slave and expire. That's it!" -Bernard Black (Dylan Moran)

  coretex666

Hard Core Member

Joined: 1/03/12
Posts: 1831

"I shall take your position into consideration"

7/26/13 6:36:00 AM#11
Originally posted by Kaerigan
Originally posted by coretex666
Great news for Blizzard. I was worried about their future considering the plans of their current owners.

Kotick's pretty much Satan himself so I doubt it'll get any better from here on out.

Lesser of two evils. In this scenario, they will at least have enough funds to keep developing triple A games.

Currently playing: L2 Chronicle 4

  Skuall

Advanced Member

Joined: 4/20/05
Posts: 856

7/26/13 6:43:45 AM#12
Originally posted by coretex666
Originally posted by Kaerigan
Originally posted by coretex666
Great news for Blizzard. I was worried about their future considering the plans of their current owners.

Kotick's pretty much Satan himself so I doubt it'll get any better from here on out.

Lesser of two evils. In this scenario, they will at least have enough funds to keep developing triple A games.

like D3? , the new Card game? or Titan?

 

  jesteralways

Hard Core Member

Joined: 3/17/13
Posts: 682

7/26/13 7:50:59 AM#13
Originally posted by Chrisbox
Originally posted by Loke666
Good, but Blizzard really should buy themselves out from Activision as well.

This ^

i think the same. but now the majority of the shares will be owned by public so it can be a bit better than the way it is now. i hope it will be better. but for some reason i think we will see pay2win items in wow in game store even after keeping the game p2p. just a hunch.

i want an open world, no phasing, no instancing.i want meaningful owpvp.i want player driven economy.i want meaningful crafting.i want awesome exploration, a sense of thrill.i want ow housing with a meaningful effect on my entire gameplay experience, not just some instanced crap.i want all of these free of cost, i don't wanna pay you a cent, game devs can eat grass and continue developing game for me.
Seems like that is the current consensus of western mmo players.

  coretex666

Hard Core Member

Joined: 1/03/12
Posts: 1831

"I shall take your position into consideration"

7/26/13 7:59:26 AM#14
Originally posted by Skuall
Originally posted by coretex666
Originally posted by Kaerigan
Originally posted by coretex666
Great news for Blizzard. I was worried about their future considering the plans of their current owners.

Kotick's pretty much Satan himself so I doubt it'll get any better from here on out.

Lesser of two evils. In this scenario, they will at least have enough funds to keep developing triple A games.

like D3? , the new Card game? or Titan?

 

What are you implying here...that you do not like their games?

Well this is not about you. I am talking about Blizzard as a company.

D3 sold how many...10m+ copies? I did not really check the numbers for the card game, so I cannot comment on that.

From financial point of view, the AAA games they produce generate enough profit for them to meet the "going concern" and keep existing as a profitable company.

Whether you or me like their games is not really relevant in this case.

 

Currently playing: L2 Chronicle 4

  koljane

Novice Member

Joined: 3/01/10
Posts: 130

7/26/13 8:27:25 AM#15
What a happy face. He just hit 90 with his Troll Rogue \o/
  sodade21

Apprentice Member

Joined: 2/18/09
Posts: 341

7/26/13 8:40:42 AM#16
Originally posted by coretex666
Originally posted by Skuall
Originally posted by coretex666
Originally posted by Kaerigan
Originally posted by coretex666
Great news for Blizzard. I was worried about their future considering the plans of their current owners.

Kotick's pretty much Satan himself so I doubt it'll get any better from here on out.

Lesser of two evils. In this scenario, they will at least have enough funds to keep developing triple A games.

like D3? , the new Card game? or Titan?

 

What are you implying here...that you do not like their games?

Well this is not about you. I am talking about Blizzard as a company.

D3 sold how many...10m+ copies? I did not really check the numbers for the card game, so I cannot comment on that.

From financial point of view, the AAA games they produce generate enough profit for them to meet the "going concern" and keep existing as a profitable company.

Whether you or me like their games is not really relevant in this case.

 

No he means that D3 was a crappy Game not an AAA game at all. the fact that it sold many doesnt make it a good game. From a financial POV it was success. But in the Gamers POV was the Fail of the century. and that will effect the future releases aka the financial as well.

The Card game is just that.....

The Titan is the major Vaporwave....

Yes they have and always had Money to burn.

 
sodade21 Xfire Miniprofile
  Speakzzz

Novice Member

Joined: 4/16/11
Posts: 24

7/26/13 8:51:13 AM#17
I agree until Blizzard buys out Activision now I don't see things improving at all.
  ace5572

Apprentice Member

Joined: 6/15/08
Posts: 115

7/26/13 8:57:24 AM#18
Activision is the same thing as a con man who will do anything to get your money.
  zymurgeist

Hard Core Member

Joined: 12/24/04
Posts: 5210

7/26/13 8:59:33 AM#19
Called this one the day the merger was announced. Kotick is a money man and he makes money for his investors. Watch the Blizzard stock start to climb now that Vivendi isn't holding them back. This is good for Blizzard you guys just don't understand how much.

"Strong and bitter words indicate a weak cause" ~Victor Hugo

  expresso

Tipster

Joined: 3/10/10
Posts: 2170

7/26/13 9:01:38 AM#20

...

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