Another poor argument from you. Why in the world would you expect microtransaction and mobile revenue to dry up?
They’re releasing more games with more MTX. Plus there’s plenty more growth area in mobile. More retail games from Blizzard.
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Phil Spencer reportedly started Activision talks days after explosive Bobby Kotick report
- Thread starter Lunatic_Gamer
- Start date
- News Business
Another poor argument from you. Why in the world would you expect microtransaction and mobile revenue to dry up?
They’re releasing more games with more MTX. Plus there’s plenty more growth area in mobile. More retail games from Blizzard.
Pretty stupid of Phil in my opinion.
Had he waited a month he would have saved 10 billion easily due to aggressive bad rep growing and all media going after Bobby and add ..stocks going down.
I hear he is getting death threats from green rats on Twitter for not making doody exclusive
Had he waited a month he would have saved 10 billion easily due to aggressive bad rep growing and all media going after Bobby and add ..stocks going down.
I hear he is getting death threats from green rats on Twitter for not making doody exclusive
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alabtrosMyster
Banned
He wanted to be invited to these corporate parties... I mean, he felt the need to investigate any wrongdoing himself.
Bobby's name was also in Jeffery Epsteins books.
S
SpongebobSquaredance
Unconfirmed Member
for real?
kingfey
Banned
that was fake article.
Diddy X
Member
It's not been said which but 5 other companies were looking to buy them.
SenjutsuSage
Banned
It has to be said, Phil Spencer really did outmaneuver every other potential buyer for Activision. People thinking this man doesn't know what he's doing are kidding themselves.
kingfey
Banned
If that was the case, Activision wouldn't have went to Facebook first.
Phil was lucky, Facebook weren't interested in Activision.
dotnotbot
Member
We don't know that.
kingfey
Banned
I kinda hate this. Phil got the chance by luck. Activision knocked the door of Facebook. Facebook went nah. MS come in and swoop in the deal by paying them more than their share.
That is not outmaneuvering your opponents. That is just luck aligned with your star. Same with bethesda. Both were luck.
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oldergamer
Member
That's incorrect. Kotic is ceo only until the purchase is complete. He hasn't said plans after that, but everyone knows he is out.
oldergamer
Member
Its not luck seeing an opportunity and taking it. Your post smells of salt man...
kingfey
Banned
What do I gain from this salt? Honestly, you guys keep saying this alot. I have no dog fight in this. The matter is done. Nothing we can do, can change the outcome.
oldergamer
Member
Dude activision went to facebook after ms approached them with the idea. Not before.
kingfey
Banned
"Kotick and the board weren't sold on Microsoft as the acquirer" and initially pursued deals with at least two other companies, one of them being Meta Platforms, according to sources privy to private conversations.
oldergamer
Member
You say that but keep getting basic information incorrect. Or try to twist it to fit a certain narrative. If you wonder why people yell "salty" in your direction i would start there.
oldergamer
Member
You just proved my point! Thanks.
kingfey
Banned
What basic information are you talking?
are you talking about this, because activision didnt care about MS buy out, and went directly to Facebook. How is that incorrect? They literally went a head and talked to facebook. Only after facebook said no, they listened to MS offer.
oldergamer
Member
...And you seem to think it was luck that ms were the first to make an offer? That's stupid reasoning.
kingfey
Banned
It was luck that Facebook said no. If Facebook said yes, then MS wouldn't have been able to buy Activision.
That is luck.
Leyasu
Banned
I can see the cod yearly cycle ending once this acquisition is done and everything is ironed out and contracts fulfilled.I dont know man, that sounds desperate, when all your studios is working on 1 franchise.
Activision confirms all its core studios are now working on Call of Duty | VGC
Some 2,000 employees are thought to be developing the series…www.videogameschronicle.com
Then you got the recent track shit of releases.
Most of their revenue as I pointed comes from their mobile division. King and COD mobile brings them alot of money. Then you got the short term benifits from mtx sales. In long term, these are not financial stable.
Also, revenue=/=profits. Revenue is the money you generate, profits is the money you get after the revenue expenses is paid. SIE made $23b revenue, yet only made $3b profits.
Activision main bread and butter right now is COD, and candy crush. There is a limit to how far these IPs will take them. WOW was big, but now its getting thin and thin. Especially with other dandies like ff14 in the play.
Microsoft will put some studios to work on other I.Ps.
oldergamer
Member
Simply put you dont really know the order of events. So i dont see why you are trying to paint it this way. For all you knew ms had a ballpark offer on the table and kotic wanted to see if anyone would beat it.
Regardless this had nothing to do with luck. Even if facebook said yes they could have had thier offer beat.
yurinka
Member
I linked multiple official sources from both sides in the post you'll see quoted in the bottom, all the ones that talks about his future, and all of them say he will continue as CEO of Activision Blizzard. Nohing says or implies that he will quit or that they'll fire him, or that will remove him from that position after the acquisition is closed or after certain amount of time. The messaging is clear: he will continue as CEO.
The only thing they said that could lead someone who doesn't know how these things work to think he'd leave after the acquisition is closed is when they said that once the acquisition is closed Actvisition Blizzard will report to Phil, which is obvious because he's the CEO of the MS gaming division, where they will place Activision Blizzard. With that they are saying that ABK will be placed under that division inside the MS structure, not that Phil Spencer will be the head of ABK or that him will replace the CEO of ABK. ABK will continue having its CEO, Bobby Kotick, and ABK will report to Phil.
It's the same case of any other company or studio placed there, and the same that happens in the other companies. In the case of Sony, companies placed under PS Studios report to the PS Studios boss (Hermen Hulst) and the ones placed under SIE but outside PS Studios like Bungie report to the SIE boss (Jim Ryan).
This doesn't mean they fire the boss of the acquired company, it just means that the acquired company now is owned by the one that bought it.
This are the places where they said what will happen with Kotick:
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Hawking Radiation
Member
Wouldn't be surprised.
Weinstein, Trump, Prince Andrew, Clinton all associates of Epstein. I'm sure Epstein was the tip of a very large ice berg.
kingfey
Banned
You think kotick is gonna ignore MS, if he needs more money? You know the guys who are trillions? And basically have more money than Facebook?
If the guy was after that, he would have sold his company to MS first, by negotiating the price.
kingfey
Banned
They will. Right now, they need content. And these studios will provide them more contents.
SportsFan581
Member
I feel bad for you if you honestly believe that.
The language being used currently is typical of any buyout. Even venture capitalists will sell the idea that current management will stick around and in most instances that is the case for a few months, but then the heads start to roll. Kotick's own statements about his "availability" once the deal closes is telling, not exactly a ra ra response from him.
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oldergamer
Member
Im not certain where you are going with the above logic. I think he would want to get the best deal possible. Period. If you think there was no negotiations in this, i think you are nuts.
You think kotick is gonna ignore MS, if he needs more money? You know the guys who are trillions? And basically have more money than Facebook?
If the guy was after that, he would have sold his company to MS first, by negotiating the price.
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oldergamer
Member
Kotic simply put can't be an employee of Microsoft after coming clean on the things he kept secret and its also why spencer said blizzard and activision will report directly to him.
I dont give a shit how many articles you post that seem to think he will stay on, he won't. Period.
kingfey
Banned
The best deal, which is operating on all 3 systems.
If this was money motivated deal, Kotic would have sold his business to MS, considering the situation they were in. He had the upper hand in that deal. And knew very well, that MS would not pass this deal.
MS only chance for that deal, was for Facebook to say, no. And the rest is history.
That is what we call luck.
yurinka
Member
I didn't provide articles with opinions, I posted facts: the releases notes from both MS and Activision, the legal document that is the SEC filing where the companies tell their plans to investors and regulators and the conference call where they explained the acquisition to their investors.
They all clearly say he will continue as CEO. Regarding that interview when asked if post close he will continue as CEO he said "post close I will be available as needed". Something obvious since after close even if CEO of Activision Blizzard he will also be a Microsoft employee.
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lol no. when ms showed interest, Activision went to facebook and other companies to drive up the price and start a bidding war. this is also ultimately why ms ended up paying $15 more per share than what they initially proposed.
SportsFan581
Member
I'm quite confident that the "need" for him will dry up faster than a puddle in the Sahara post close. We can pickup this topic again in one of the threads discussing his ouster.
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jhjfss
Member
mejin
Member
No other shark would spend that much. That's all.
SlimySnake
Flashless at the Golden Globes
Not a good look, but this is what good businessmen do. Hopefully, from now on we will take their words with a grain of salt and stop putting these execs on a pedestal. They are just businessmen.
oldergamer
Member
Again use some common sense. He is part of the problem at activision. You are going to look real stupid or simply gullible when he steps down after the acquisition is completed. He cant continue as a ms employee after the allegations that he didnt disclose when they started talking to ms.
Kotic is the highest paid ceo in gaming. You think ms will want to pay that? There also a hint in the new title given to spencer. Ive said my bit.
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alabtrosMyster
Banned
I can't say I'm surprised.
ZehDon
Member
What a poor attempt at narrative spin.
From console exclusive Morrowind, to timed exclusive Oblivion, to best console platform with Fallout 3 and Skyrim, Bethesda and Microsoft have been business pals since the birth of Xbox. When Fallout 76 imploded, it was Microsoft who helped them figure out how to deal with that situation and fix the game. The Bethesda purchase happened because Microsoft and Bethesda have a strong relationship. When it was time for Bethesda to sell, I doubt there was a question as to whom it should be sold. That's not luck - that's twenty years of history. The same is true of Square and Sony.
Microsoft picked up Activision because there are about six companies on Earth that can afford them, and only one of them is deep enough into games to understand their worth. Microsoft understood Activision's value in full and paid accordingly. Facebook doesn't understand anything and passed. That's not luck, that's Facebook's lack of experience costing it dearly. Facebook's idiocy is also why they are now the proud owner of the largest corporate loss in recorded history. Luck had nothing to do with it. Facebook threw the ball away because they didn't understand what it was, and Microsoft picked it up and went full court.
I'm sure Phil Spencer turning Xbox around after Mattrick burned it down is also just luck?
adamsapple
Or is it just one of Phil's balls in my throat?
Vognerful
Member
Fuck that piece of shit and the whole group
Mattyp
Gold Member
I read this entire thread and the denial in here is fucking hilarious.
ToTTenTranz
Banned
He was actively lowering the stock value of the company he wanted to buy.
It's the corporate equivalent of negging a girl on tinder.
kingfey
Banned
I like how people assume this is denial post.
Really?
However hated would Kotick be and however badly this court case for sexual harassment will go (everybody knows they will settle at the end) there is literally no reason to believe that stock price of Acti-Blizz would go lower
Why?
1. They have Modern Warfare II and Warzone II this year. Last time Infinity Ward released COD it shattered all possible records. What will happen this time after weak Vanguard?
2. Two huge Blizzard games are coming out in 2023 which will start to push stock price up after proper date announcement.
This was literally perfect time to buy them.
kingfey
Banned
New info.
Microsoft Approached Activision Blizzard About an Acquisition Just 3 Days After Bobby Kotick Report - IGN
A new regulatory filing has revealed more details of the Xbox and Activision Blizzard deal, including that Microsoft initiated talks about an acquisition just three days after the Bobby Kotick report that alleged he knew about the misconduct at the company but didn't report it to the board.
www.ign.com
Microsoft Approached Activision Blizzard About an Acquisition Just 3 Days After Bobby Kotick Report - IGN
A new regulatory filing has revealed more details of the Xbox and Activision Blizzard deal, including that Microsoft initiated talks about an acquisition just three days after the Bobby Kotick report that alleged he knew about the misconduct at the company but didn't report it to the board.
Microsoft Approached Activision Blizzard About an Acquisition Just 3 Days After Bobby Kotick Report
On November 16, the Wall Street Journal reported that Activision Blizzard CEO Bobby Kotick knew about the sexual assault and misconduct allegations happening at the company but did not disclose that info to the company's board. Just three days later, on November 19, CEO of Microsoft Gaming Phil Spencer initiated a call with Kotick that would lead to Microsoft acquiring Activision Blizzard for $68.7 billion.These details and more were revealed in a regulatory filing that was shared via CNBC and show that Spencer had been discussing "a different topic" before telling Kotick that Microsoft wanted to talk to him about strategic opportunities between the two companies.
"On November 19, 2021, in the course of a conversation on a different topic between Mr. Spencer and Mr. Kotick, Mr. Spencer raised that Microsoft was interested in discussing strategic opportunities between Activision Blizzard and Microsoft and asked whether it would be possible to have a call with Mr. Nadella the following day. Mr. Kotick agreed to participate in such discussion," the filing reads. "In a call on November 20, 2021, between Messrs. Kotick and Nadella, Mr. Nadella indicated that Microsoft was interested in exploring a strategic combination with Activision Blizzard."
On November 18, Spencer sent an e-mail to staff saying he is "disturbed and deeply troubled by the horrific events and actions" at Activision Blizzard and that he is "evaluating all aspects of our relationship with Activision Blizzard and making ongoing proactive adjustments."
On November 26, Microsoft presented an initial offer of $80 per share - which would have been a 32% premium of Activision Blizzard stock price on November 25 - but the two companies would negotiate and the price would rise to $95 per share.
While the deal was officially announced on January 18, the filing states that Kotick had reached out to "a handful of other companies before the announcement" and that an unnamed person had even discussed purchasing the Blizzard part of Activision Blizzard or making parts or all of Activision Blizzard private.
Elsewhere in the filing, it is also says that Microsoft would have to pay anywhere from $2 billion to $3 billion if the deal falls through due to an "injunction arising from antitrust laws." Additionally, a list of "shares of Activision Blizzard common stock beneficially owned" shows that Kotick currently owns 4,317,285 million shares. If he were to leave the company and be bought out, he could gain, according to the $95 per share price, $410,142,075.
WSJ previously noted that sources familiar with the deal say that Kotick will leave the company following the completion of the deal when it closes in the fiscal year ending June 30, 2023.
https://www.neogaf.com/javascript:void(0)
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