CEO Bobby Kotick will leave Activision Blizzard on January 1, 2024 | Schreier: Kotick will depart after 33 years, employees are “very excited.”::Schreier: Kotick will depart after 33 years, employees are “very excited.”
the shareholders will identify a suitable replacement my dudes, no need to cheer up over this
What are people’s predictions on what will happen to ABK after he leaves? Personally, I’ve never played COD and the last Blizzard game I played was Diablo 2, so I don’t know what they’ve been doing.
ITT: people who think the guy getting a $375M golden parachute is taking a huge L.
good boss lol
So many CEOs stepping down now
This is the best summary I could come up with:
It’s “a massive change for the video game industry,” Schreier writes, which seems almost restrained, given Kotick’s longevity and recent history.
Kotick, who has led Activision for more than 30 years and orchestrated its merger with Blizzard, had considered stepping down in late 2021.
Activision was also sued by its shareholders and pressured by state treasurers over its secrecy and responses regarding the California lawsuit.
In early 2022, Microsoft announced its intent to buy Activision, and the timing, according to reports from Bloomberg and the Wall Street Journal, was not a coincidence.
Kotick told VentureBeat after the Microsoft announcement that he didn’t believe the harassment and mismanagement accusations hurt the company’s stock.
He cited delays in shipping Overwatch and Diablo titles, along with Call of Duty’s sales performance.
The original article contains 376 words, the summary contains 128 words. Saved 66%. I’m a bot and I’m open source!
While CEO of Activision, Kotick’s termination without cause, or “Termination by employee for good reason following a change of control,” guaranteed him nearly $300 million. Bloomberg reports that Kotick’s windfall will likely be $375 million now that Microsoft’s acquisition has gone through.
That’ll teach 'em
Vote me as a CEO I will
- bring back original maps from several CoD titles, make more, compact 3-4 row maps.
- remove skins from the game and replace buyable weapon skins with unlocks
- create 4-5 paid dlc with good content.
- revert matchmaking to OLD days…. No SBBM
- Actually invest in an working Anti-Cheat
- Reduce the amount of „Celebrities“ in-Game and Trailer
- continuing zombie lore
- console crossplay no pc
Sounds good but that is the job of the development lead, the CEO is there to make sure the money keeps flowing. These things cost money and with the removal of skins less profit.
So what would your strategies be to bring more money on the table for Activision blizzard?
employees are “very excited.”
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Remember when kotick threatened to kill an assistant, and then they were fired and paid to not talk about it?
He looks like Bilbo Baggins in the scene where he’s overcome with desire for the ring and tries to take it from Frodo.
Is there a scarybilbo lemmy sub yet?
HRAAAAGH!
And yet I would still rather hang out with fiend bilbo
He looks like the the love child of Bilbo Baggins and Elon Musk.
Awesome. Also ewwwww.
I am so glad he is gone. I stopped playing any blizzaed games partially because of this shmuck… and partially because the games became trash. Here’s hoping things will turn around now that he is gone.
Yeah, i’m sure microsoft won’t do anything to increase monetization on their 69 billion dollar purchase. The objective is to make blizzard’s games better by minimizing highly profitable systems like microtransactions, battle passes, DLC season passes, xp boosters, in game real money stores.
They wouldn’t be buying these properties to try and milk as much profit as possible at all. No sir.
I expect some changes to integrate better with gamepass, but overall if monetisation is the problem, MS won’t fix anything.
Hey, this is the last hope I have. There’s not a lot of it, but there is a tiny chance that maybe maybe maybe things will get better. Very likely not, but, you know, one could hope.
Microsoft-Activision-Blizzard to design pachinko machines and mobile games, exclusively.
Konami docet
I paid full price for both Factorio and Skyrim because they are full games that I get to own. No micro transactions, and modding is almost encouraged through Steam. I will never buy another microtransaction game. I will never buy another “subscription based” platform like Xbox. I’m so fucking over not owning the thing I bought
I hate to break it to you but you don’t really “own” the games on steam either. You have a license agreement with valve which they can revoke at any time, and you lose access to the games you paid for.
I have them all downloaded. 25 years of old hard drives and nerdy piracy have me well stocked for the apocalypse
I mean, if it’s playable offline there isn’t much they can do about it, right?
Yeah but most people don’t have their library installed at all times. I don’t have the space for that.
What the big developers see when they read this is that you’re a low-value customer and marketing to you will be less profitable than milking 14yo kids who use their birthday money to buy fortune gift cards.
Most underaged individuals are being taken advantage of and the government does jack shit. Gambling is banned but this you never gain money at least in gambling you have a chance to gain which makes all of this so much worse.
Yes, and if you teach this to your friends and children, the big companies will eventually adapt to what the market is offering vs trying to dictate the market
Now when I think about it, the chronologically last Blizzard games I’ve enjoyed were WarCraft III TFT and old WoW on pirate servers. (My favorite is Tides of Darkness, obviously)
So - I don’t know in which direction would things be turning around, what is there left even since those times?
Blizzard will stay the rotten corpse of something great it is right now
They drag the corpses of their games along for money real good. Sometimes I think about the amount of people still paying a wow subscription and just sigh.
What a piece of shit
Time to polish up my resume.
Add some kielbasa
Fuck yeah, brother! I’m excited to apply for the new Activision Blizzard, too! What a time to be alive! <3
Damn I already got competition?
