Latest in Activision Blizzard

Media and telecom M&A activity was lively in the first half of 2022 with deals for the 12 months ending May 15 totaling 1,014, up 28% year-on-year, with a record total value $469 billion. The tally was inflated by Elon Musk's high-profile $44 billion bid for Twitter and Microsoft's planned $68 billion acquisition of Ac…

Shareholders of video game giant Activision Blizzard have voted in favor of a plan for an annual report on the company's efforts to curb workplace abuse and harassment. The maker of Call of Duty and World of Warcraft had recommended a "no" vote on the proposal, which would require disclosures of the amounts paid to…

Activision Blizzard said Tuesday a federal court will approve its $18 million settlement with the Equal Employment Opportunity Commission over a lawsuit charging sexual harassment and retaliation. The EEOC filed its case last September, following a separate suit by California's Department of Fair Employment and…

The U.S. government wants a word with Barry Diller, David Geffen and a third man involving the planned $68.7 billion merger of Microsoft and Activision Blizzard. Federal securities regulators and prosecutors are investigating options trades made by longtime Hollywood players Diller and Geffen and Diller’s stepson…

Video game publisher Activision Blizzard and its board of directors are facing a shareholder lawsuit that claims they are merely enrching themselves by selling the company to Microsoft. The lawsuit was filed Thursday in California by shareholder Kyle Watson. alleging Securities Exchange Act violations in its proposed…

Microsoft is acquiring rival Activision Blizzard in a $68.7 billion deal that will reshape the video game sector. The all-cash transaction, the largest in Microsoft’s history, will vault the company to the No. 3 spot among all global video game companies by revenue, behind Tencent and Sony. At $95 per share, the deal…

The CEO of Activision Blizzard, maker of popular video games like Call of Duty, Overwatch and World of Warcraft, has conceded numerous failures to protect workers and outlined sweeping changes. Bobby Kotick, who is leading the company through a difficult period as it copes with a number of claims of sexual harassment…

Activision Blizzard has another government lawsuit on its plate, with the U.S. Equal Employment Opportunity Commission (EEOC) suing the Call of Duty, Overwatch and World of Warcraft publisher for workplace harassment and discrimination on Monday. The suit, filed after a three-year investigation, alleges that…

Blizzard Entertainment president J. Allen Brack has stepped down from his post, nearly two weeks after an investigation by the  California Department of Fair Employment and Housing exposed numerous allegations of harassment and a “frat boy” work place culture within Activision Blizzard. The World of Warcraft and Overwa…

Employees of Activision Blizzard, the gaming company behind popular gaming titles including Call of Duty, Overwatch and World of Warcraft, are staging a walkout to protest working conditions. The protest, set to take place at the company’s main campus in Irvine, CA, on Wednesday comes weeks after a lawsuit against Acti…

A lawsuit claiming Santa Monica, Calif. game manufacturer Activision Blizzard, the makers of Call of Duty, created a workplace environment where sexual harassment and discrimination flourished has been filed after a two-year investigation. The California Department of Fair Employment and Housing said in its lawsuit…

Santa Monica-based game giant Activision Blizzard has appointe Dawn Ostroff to its board as an independent director effective immediately. The longtime entertainment executive currently oversees content and advertising at Spotify. Previously she co-founded and served as president of Condé Nast Entertainment through…