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During 2012 and 2019, Tencent has invested from minority stakes to majority stakes in world-wide-famous game companies such as Riot Games, Epic Games, Activision Blizzard, SuperCell, and Bluehole. [332]
Activision Blizzard is one of the largest video game publishers in the world, with annual revenues of about $8.8 billion in 2021. [3] The company is composed of five business units: [4] Activision Publishing, Blizzard Entertainment, King, [5] Major League Gaming, [6] and Activision Blizzard Studios.
Activision Blizzard (5.8% stake, now owned by Microsoft Gaming) Maroc Telecom (53% stake, now owned by Etisalat) SFR (sold to Altice) Global Village Telecom (sold to Telefônica Vivo) Vivendi Environnement (divested through IPO between 2000 and 2002, now known as Veolia) Ubisoft (shares sold on 20 March 2018 to various investors [2])
This is a listing of largest video game publishers and developers ranked by reported revenue. Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming. [1] Out of the 63 largest video game companies, 14 are located in the United States, 11 in Japan, and 7 in South Korea and China.
The game series earns Activision Blizzard billions each year, with the latest installment, 2022's "Call of Duty: Modern Warfare II," clearing $1 billion in sales in its first 10 days on the market.
Activision Blizzard at Gamescom 2013, where the company exhibited 2013 titles such as Call of Duty: Ghosts and Skylanders: Swap Force. On July 25, 2013, Activision Blizzard announced the purchase of 429 million shares from owner Vivendi for $5.83 billion, dropping the shareholder from a 63% stake to 11.8% by the end of the deal in September. [41]
On Tuesday, Microsoft confirmed it will acquire Call of Duty publisher Activision Blizzard in a deal valued at $68.7 billion.
Last year, Microsoft closed its takeover of Activision Blizzard. In the months that followed, interest rates rose, expectations changed, and Microsoft Gaming eliminated 8% of its workforce.