Who is the CEO of Blizzard Entertainment?

In addition to his responsibilities as CEO of Activision Blizzard, Kotick is also a member of the board of trustees for Harvard Westlake School and he is chairman of the committee of Trustees at the Los Angeles County Museum of Art, where he serves as vice chairman of the board of directors.

Does Bobby Kotick still own Blizzard?

Bobby Kotick will reportedly retain his position as CEO of Activision Blizzard if the proposed acquisition by Microsoft is blocked by regulators or scrapped altogether.

Does Blizzard have a new CEO?

Yuga Labs Names Activision Blizzard's Daniel Alegre as CEO.

Is Kotick leaving Blizzard?

Activision Blizzard CEO Bobby Kotick is expected to remain in his current role should Microsoft's proposed acquisition fall through, it's claimed. In January 2022, the Wall Street Journal reported that sources said to be familiar with Kotick's plans told the outlet they expected the controversial CEO to leave.

How many are fired from Blizzard?

Activision Blizzard confirms 37 people "fired or pushed out" in wake of lawsuit.

Battle.net | New Features Tour

What has happened to Blizzard?

Topline. Activision Blizzard agreed to pay $35 million to resolve claims it lacked an adequate process to assess workplace misconduct complaints, the Securities and Exchange Commission announced Friday, following allegations of sexual assault and mistreatment of women at the company in recent years.

Which Blizzard employees quit?

Brian Birmingham, lead software engineer and 17-year veteran of Blizzard Entertainment has quit the company in protest of its archaic employee ranking methods, which reportedly attempt to place individual employees on a bell curve the assesses the employees on a 'worst to best' scale.

Which Blizzard employees left?

Chris Scullion. A manager at Blizzard has left the company over a dispute regarding the company's appraisal system. Bloomberg reports that Brian Birmingham, who was a lead software engineer at Blizzard for the past 17 years, left the company due to its 'stack ranking' method of evaluating staff.

Which developers left Blizzard?

The ousted developer, Brian Birmingham, reportedly protested Blizzard's “stack ranking” process, which would have required him to give employees lower reviews than they deserved in order to meet a quota.

Is Blizzard making a profit?

Activision Blizzard annual gross profit for 2022 was $5.306B, a 18.19% decline from 2021.

Why is Blizzard being sold?

Activision Blizzard has been embroiled in a sexism and workplace discrimination crisis for the past six months, the effects of which directly led to the announcement on Tuesday that Microsoft plans to buy the publisher for a record-breaking $68.7 billion, according to a report from The Wall Street Journal.

Who sold Blizzard for $69 billion?

Almost exactly a year ago, Microsoft unveiled plans to acquire Activision Blizzard for $95.00 per share in an all-cash transaction valued at $68.7 billion, including Activision Blizzard's net cash. The acquisition will make Microsoft the world's third-largest gaming company by revenue, behind Tencent and Sony.

How much will Bobby Kotick make from Microsoft?

According to Reuters, Kotick will receive at least $390 million when the Microsoft deal is completed. Most of his payout would come from the 3.95 million company shares he holds.

Did Activision sell Blizzard?

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.

Why did Blizzard shut down?

Fans of Blizzard games like World of Warcraft and Overwatch in China are in mourning following the shutdown of the majority of Blizzard game services in the country, after Activision Blizzard and China's NetEase Games failed to renew their licensing agreement.

Who is Blizzard being sued by?

Decree Provisions Would Ensure that Activision Blizzard Cannot Impose Any Salary Cap, Luxury Tax, or Other Rule that Limits Compensation for Players in Professional Esports Leagues. The Justice Department filed a civil antitrust lawsuit today against Activision Blizzard, Inc.

Why did Blizzard fired employees?

One of the leading developers of World of Warcraft Classic at Blizzard Entertainment has been fired after refusing to participate in a secret employee evaluation system that he thinks “erodes trust and destroys creativity”, according to a report by Bloomberg.

How much does a Blizzard employee earn?

Blizzard Entertainment pays its employees an average of $100,335 a year. Salaries at Blizzard Entertainment range from an average of $60,777 to $145,717 a year.

Is it hard to work at Blizzard?

Blizzard is a tight-knit familial atmosphere with people who are passionate about video games and love making them. But it takes more than a passion for video games to work here. You need to be competent at the role you're seeking to fill and well versed in the required tools.

Is Blizzard still a good place to work?

Activision Blizzard has an overall rating of 3.6 out of 5, based on over 534 reviews left anonymously by employees. 69% of employees would recommend working at Activision Blizzard to a friend and 59% have a positive outlook for the business. This rating has improved by 3% over the last 12 months.

Why is Blizzard in trouble?

Activision Blizzard has been embroiled in allegations of workplace harassment and gender discrimination, which have called attention to working conditions in the broader video game industry.

Is Disney buying Blizzard?

Microsoft bought Activision Blizzard for about what Disney paid to acquire Fox. Just in case you didn't already think the business of video games is massive. It's been less than 24 hours since Microsoft announced its intent to acquire Activision Blizzard for an eye-watering $68.7 billion.

Did anyone buy Blizzard?

The blockbuster deal for the video game maker came together quickly and opportunistically.