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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.
UPDATED: Microsoft closed a $68.7 billion deal to acquire Activision Blizzard on Friday after getting the green light from regulators in the U.K., nearly two years after it was first announced.
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.
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.
Activision Blizzard confirmed news, first reported by the Verge. Per Spencer, the execs leading Activision Publishing, Blizzard and King will remain in place, with “no changes to the structure ...
Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California's civil rights agency on behalf of women employed by the video game maker. The ...
Both The Wall Street Journal and Bloomberg News reported that while Activision Blizzard's board had been considering buyout options, the board had become anxious of Kotick's leadership following the November 2021 Wall Street Journal report and quickly agreed to Microsoft's buyout as to give a graceful exit for Kotick.
Microsoft's purchase of 'Call of Duty' maker Activision Blizzard marks the biggest deal in video game industry history.