What is the Activision CEO scandal?

Activision and Kotick have been embroiled in controversy since the state of California sued Activision in July 2021, alleging a culture of “constant sexual harassment” that included unwanted comments and physical touching of female employees by male employees, and the suit claimed top executives were aware of or ...
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What is the Activision CEO controversy?

Business strategy controversy

Some statements Kotick has made about his business strategy have led to controversy. He has focused on developing intellectual property which can be, in his words, "exploited" over a long period, to the exclusion of new titles which cannot guarantee sequels.
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What is the Activision harassment scandal?

A settlement with the federal Equal Employment Opportunity Commission led Activision to establish an $18-million fund for workers who experienced sexual harassment or discrimination at the company, among other types of workplace misconduct. The company denied all wrongdoing.
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What is the controversy with Activision games?

A two-year investigation by the California Department of Fair Employment and Housing (DFEH) concluded in July 2021 and found that female employees, who made up about one-fifth of the Activision Blizzard workforce, were subjected to a “frat boy workplace culture.” A suit brought by the DFEH alleged that binge drinking ...
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What is Activision being sued for?

Professional gamers Hector “H3cz” Rodriguez and Seth “Scump” Abner, in a lawsuit filed on Thursday in California federal court, allege that the gaming giant violates antitrust laws by preventing “would-be competitors from entering the market” and coercing players and team owners into acquiescing to “extortionate ...
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Activision Blizzard is the Most Evil Gaming Company

How much debt is Activision in?

Total debt on the balance sheet as of June 2023 : $3.61 B.
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What if Microsoft bought Activision?

A gamer's game changer

And by acquiring Activision Blizzard's suite of PC games, Microsoft will become more competitive with the Epic Games Store and Valve's Steam, as it will have both the Microsoft Store and Battle.net.
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Why is Activision being boycotted?

'Call of Duty' Boycott Calls as Activision Wades into LGBTQ+ Culture War. ✓ Link copied to clipboard! Calls for a boycott of videogame Call of Duty are growing on social media after its owner Activision withdrew in-game items relating to a notable player after he made a tweet critical of LGBTQ+ policies in schools.
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Why is Activision shutting down?

Warzone Caldera, which was renamed last year, will shut down on September 21, 2023 so that Activision can "focus on future Call of Duty content including the current Warzone free-to-play experience." The original Warzone stopped receiving updates last year after it was supplanted by its official sequel, Warzone 2.
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Has Activision apologized?

It didn't go well. The company ended up walking back its response, with its CEO, Bobby Kotick, apologizing after 2,000 employees signed an open letter claiming the response was "abhorrent and insulting to all that we believe our company should stand for.
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Who is the female Call of Duty character Activision sued over?

Activision Blizzard Inc. has reached a settlement “in principle” of claims it copied a writer's vigilante character for the character of “Mara” in its hit video game “Call of Duty: Modern Warfare,” the Eastern District of Texas said.
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Why does Activision have a bad reputation?

Activision has a bad reputation for enlisting lots of studios in the development of “COD,” with studios Infinity Ward, Treyarch, Raven Software, and Sledgehammer Games all playing a role in producing a new FPS each year.
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What are the ethical issues with Activision?

The EEOC suit alleged that Activision “subject(ed) employees to sexual harassment, pregnancy discrimination and retaliation.” As a result of that settlement, Activision established an $18 million fund for eligible claimants and expanded both its Ethics and Compliance team and its Ethics Ambassador Program.
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What is the Activision milk scandal?

Current and former employees shared their stories, including how a woman was demoted for allegedly reporting her harasser, how a nursing mother had her breast milk stolen from company refrigerators, and how one employee's sexual harassment led to their death by suicide.
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What is the deal with Activision?

Announcement. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading.
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Why did Buffett buy Activision?

The Activision investment was a form of arbitrage, with Buffett viewing investors as too pessimistic that regulators would approve combining Microsoft's Xbox gaming console business with the publisher of the "Call of Duty" and "Candy Crush" franchises.
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Is Activision leaving Call of Duty?

Microsoft's original deal offer to Sony in January 2022 included keeping “all existing Activision console titles on Sony, including future versions in the Call of Duty franchise or any other current Activision franchise on Sony through December 31st, 2027.” The deal terms have clearly changed since that opening offer, ...
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Why is Activision deal being blocked?

The new deal

Earlier this year, the CMA blocked Microsoft from acquiring the whole of Activision due to concerns that the deal would harm competition in cloud gaming in the UK. After that deal was blocked, Microsoft submitted a restructured transaction in August for the CMA to review.
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Who bought out Activision?

Microsoft has successfully persuaded regulators around the world to clear its $68.7 billion acquisition of Activision Blizzard — the biggest deal of its kind the gaming industry has ever seen — and has completed the deal.
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Why is Activision in trouble?

Lawsuit. As a result of a two-year investigation, on July 20, 2021, DFEH filed a lawsuit in Los Angeles Superior Court. The lawsuit alleges that Activision Blizzard has fostered a "frat boy" culture in which female employees endure regular sexual harassment and experience discrimination and retaliation.
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Why can't Microsoft just buy Activision?

The reason the purchase was bogged down by legal action is competition. By acquiring Activision Blizzard, critics argued, Microsoft's gaming division would simply own too much of the industry, unfairly limiting its competitors and ultimately harming consumers.
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What is Activision getting sued for?

Activision Blizzard is accused of abusing “monopoly” power over professional Call of Duty leagues to coerce team sales and deprive professional gamers of rightful earnings in a 44-page antitrust complaint filed Thursday in a Los Angeles federal court.
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Who is the owner of Activision?

The acquisition was completed on October 13, 2023. Activision Blizzard is a subsidiary of Microsoft Gaming along with Xbox Game Studios and ZeniMax Media.
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Who owns Call of Duty?

Microsoft officially owns Call of Duty as Activision Blizzard takeover is complete. Microsoft officially owns Call of Duty, World of Warcraft, Diablo, Overwatch, Candy Crush and more, as its takeover of Activision Blizzard King is complete.
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Why did Microsoft pay so much for Activision?

This was at the height of the metaverse trend and would be the largest gaming industry deal in history. Microsoft is said to have wanted to acquire Activision Blizzard to further improve its presence in the gaming industry, and the metaverse, and to consolidate itself as the de facto king of cloud gaming.
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