Activision Blizzard: Difference between revisions

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| divisions = Activision Blizzard Consumer Products Group<br>Activision Blizzard Esports<br>Activision Blizzard Media
| subsid = {{Unbulleted list|[[Activision]]|[[Blizzard Entertainment]]|[[King (company)|King]]|[[Major League Gaming]]|[[Activision Blizzard Studios]]}}
| website = {{URL|https://www.activisionblizzard.com/|activisionblizzard.com}}
| footnotes = <ref>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/718877/000162828023004842/atvi-20221231.htm |title=Activision Blizzard 2022 Annual Report |publisher=[[U.S. Securities and Exchange Commission]] |date=February 23, 2023}}</ref>
}}
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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.<ref name="transofmrativepurchase">{{cite web |url=http://www.businesswire.com/news/home/20130725006767/en/Activision-Blizzard-Announces-Transformative-Purchase-Shares-Vivendi |title=Activision Blizzard Announces Transformative Purchase of Shares from Vivendi and New Capital Structure |access-date=July 25, 2013 |url-status=live |archive-url=https://web.archive.org/web/20130728104839/http://www.businesswire.com/news/home/20130725006767/en/Activision-Blizzard-Announces-Transformative-Purchase-Shares-Vivendi |archive-date=July 28, 2013}}</ref> At the conclusion of the deal, Vivendi was no longer Activision Blizzard's parent company,<ref>{{cite news |title=Activision Blizzard completes buyback from Vivendi Universal in multi-billion dollar deal |first=Timothy |last=Seppala |url=https://www.engadget.com/2013/10/13/activision-blizzard-vivendi-buyout/ |publisher=[[Engadget]] |date=October 13, 2013 |access-date=August 29, 2015 |url-status=live |archive-url=https://web.archive.org/web/20160103075959/http://www.engadget.com/2013/10/13/activision-blizzard-vivendi-buyout/ |archive-date=January 3, 2016}}</ref> and Activision Blizzard became an independent company as a majority of the shares became owned by the public. Bobby Kotick and Brian Kelly retained a 24.4% stake in the company overall. In addition, Kotick remained the president and CEO, with Brian Kelly taking over as [[chairman]].<ref name="transofmrativepurchase" /> On October 12, 2013, shortly after approval from the [[Delaware Supreme Court]], the company completed the buyback, along the lines of the original plan.<ref>{{cite web |url=http://www.gamespot.com/articles/activision-blizzard-completes-buyback-from-vivendi/1100-6415550/ |title=Activision Blizzard completes buyback from Vivendi |publisher=GameSpot |last=Makuch |first=Eddie |date=October 12, 2013 |access-date=October 15, 2013 |url-status=live |archive-url=https://web.archive.org/web/20131015054126/http://www.gamespot.com/articles/activision-blizzard-completes-buyback-from-vivendi/1100-6415550/ |archive-date=October 15, 2013}}</ref> Vivendi sold half its remaining stake on May 22, 2014, reducing its ownership to 5.8%.<ref>{{cite web |url=http://www.vivendi.com/press/press-releases/vivendi-to-sell-41-5-million-activision-blizzard-shares-22-may-2014/ |title=Vivendi to sell 41.5 million Activision Blizzard shares |access-date=July 6, 2014 |url-status=live |archive-url=https://web.archive.org/web/20140714232325/http://www.vivendi.com/press/press-releases/vivendi-to-sell-41-5-million-activision-blizzard-shares-22-may-2014/ |archive-date=July 14, 2014}}</ref> and completely exited two years later.<ref>{{cite web |url=https://www.gamespot.com/articles/vivendi-sells-remaining-activision-blizzard-stake-/1100-6433856/ |title=Vivendi Sells Remaining Activision Blizzard Stake to Unknown Buyer |first=Tamoor |last=Hussain |date=January 15, 2016 |access-date=January 23, 2018 |archive-date=October 2, 2017 |archive-url=https://web.archive.org/web/20171002070555/https://www.gamespot.com/articles/vivendi-sells-remaining-activision-blizzard-stake-/1100-6433856/ |url-status=live}}</ref>
 
Activision Blizzard released a new title, ''[[Destiny (video game)|Destiny]]'', on September 9, 2014. The game made over $500 million in retail sales on the first day of release, setting a record for the biggest first day launch of a new gaming franchise.<ref name="BKaforbesonff">{{cite news |title='Destiny' Crosses $500 Million On Day One, Biggest New Video Game Launch Ever |first=Erik |last=Kain |url=https://www.forbes.com/sites/erikkain/2014/09/10/destiny-crosses-500-million-on-day-one-biggest-new-video-game-launch-ever/ |newspaper=[[Forbes]] |date=September 10, 2014 |access-date=August 29, 2015 |url-status=live |archive-url=https://web.archive.org/web/20140910192609/http://www.forbes.com/sites/erikkain/2014/09/10/destiny-crosses-500-million-on-day-one-biggest-new-video-game-launch-ever/ |archive-date=September 10, 2014}}</ref> On November 5, 2013, the company released ''[[Call of Duty: Ghosts]]'', which was written by screenwriter [[Stephen Gaghan]].<ref>{{cite news |title=Challenge for Activision CEO: capitalizing on next-gen game consoles |first=Dawn |last=Chmielewski |url=httphttps://articleswww.latimes.com/2013/dec/10/entertainmentbusiness/la-et-ct-bobby-kotick-activision-ceo-20131210-story.html |newspaper=[[Los Angeles Times]] |date=December 10, 2013 |access-date=August 29, 2015 |url-status=deadlive |archive-url=https://web.archive.org/web/20151024182236/http://articles.latimes.com/2013/dec/10/entertainment/la-et-ct-bobby-kotick-activision-ceo-20131210 |archive-date=October 24, 2015}}</ref> On its first release day the game sold $1 billion into retail.<ref name="BKaforbesonff" /> In 2014, Activision Blizzard was the fifth largest [[Lists of video game companies|gaming company]] by revenue worldwide,<ref>{{cite web |url=http://www.newzoo.com/insights/the-top-25-public-companies-generated-54-1bn-game-revenues-in-2014-up-10-4-year-on-year/ |title=The Top 25 Public Companies Generated $54.1Bn Game Revenues in 2014, Up 10.4% Year-on-Year |publisher=NewZoo |date=April 20, 2015 |access-date=May 22, 2015 |url-status=live |archive-url=https://web.archive.org/web/20150522133829/http://www.newzoo.com/insights/the-top-25-public-companies-generated-54-1bn-game-revenues-in-2014-up-10-4-year-on-year/ |archive-date=May 22, 2015}}</ref> with total assets of US$14.746 billion and total equity estimated at US$7.513 billion.<ref>{{cite web |url=http://files.shareholder.com/downloads/ACTI/3305760073x0x746096/2205B72D-1007-4DCB-A5F1-2D121D8EC95C/Activision_Blizzard_2013_AR.1.pdf |title=Activision Blizzard - Annual Report 2013 |url-status=live |archive-url=https://web.archive.org/web/20140714174237/http://files.shareholder.com/downloads/ACTI/3305760073x0x746096/2205B72D-1007-4DCB-A5F1-2D121D8EC95C/Activision_Blizzard_2013_AR.1.pdf |archive-date=July 14, 2014}}</ref>
 
=== S&P 500 and new divisions (2015–2021) ===
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==Call of Duty Endowment==
{{main|Call of Duty Endowment}}
Since 2009, when Kotick launched Call of Duty Endowment (CODE), over 50,000 veterans have been placed in high-quality jobs.<ref>{{Cite web |url=https://variety.com/2018/gaming/news/call-of-duty-endowment-50000-milestone-1202980338/ |title=Call of Duty Endowment Finds Jobs For 50,000 Veterans |last=Fogel |first=Stefanie |date=October 15, 2018 |website=Variety |language=en |access-date=April 10, 2019 |archive-date=February 16, 2019 |archive-url=https://web.archive.org/web/20190216071028/https://variety.com/2018/gaming/news/call-of-duty-endowment-50000-milestone-1202980338/ |url-status=live}}</ref> In 2013 CODE started the "Seal of Distinction" program, which recognizes non-profit organizations that are successful in placing veterans in good jobs. Winners receive a $30,000 grant to use in their veteran job placement activities.<ref>{{cite web |last1=Gutierrez |first1=Carlos M. Jr. |title=Activision Blizzard CEO Bobby Kotick on Inspiring Play, Competition, and CommunitCommunity |url=https://www.huffingtonpost.com/entry/ceo-bobby-kotick-on-inspiring-play-competition-and_us_58d8848ce4b06c3d3d3e6f46 |work=Huffington Post |access-date=January 20, 2019 |date=March 27, 2017 |archive-date=October 6, 2017 |archive-url=https://web.archive.org/web/20171006042351/http://www.huffingtonpost.com/entry/ceo-bobby-kotick-on-inspiring-play-competition-and_us_58d8848ce4b06c3d3d3e6f46 |url-status=live}}</ref> The goal of CODE is to help 100,000 US and UK veterans find high-quality jobs by 2024.<ref>{{cite web |last1=Fogel |first1=Stefanie |title=Call of Duty Endowment Finds Jobs For 50,000 Veterans |url=https://variety.com/2018/gaming/news/call-of-duty-endowment-50000-milestone-1202980338/ |website=Variety.com |access-date=January 20, 2019 |date=October 15, 2018 |archive-date=February 16, 2019 |archive-url=https://web.archive.org/web/20190216071028/https://variety.com/2018/gaming/news/call-of-duty-endowment-50000-milestone-1202980338/ |url-status=live}}</ref> The endowment helps soldiers transition to civilian careers after their military service by funding nonprofit organizations and raising awareness of the value veterans bring to the workplace.<ref>{{Cite web |title=Call of Duty Endowment and U.S. Army create Code Bowl esports event for armed forces |url=https://venturebeat.com/2019/12/05/call-of-duty-endowment-and-u-s-army-create-code-bowl-esports-event-for-armed-forces/ |date=December 5, 2019 |website=VentureBeat |language=en-US |access-date=May 27, 2020 |archive-date=May 31, 2020 |archive-url=https://web.archive.org/web/20200531073309/https://venturebeat.com/2019/12/05/call-of-duty-endowment-and-u-s-army-create-code-bowl-esports-event-for-armed-forces/ |url-status=live}}</ref>
 
==Other legal disputes==
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==External links==
{{Commons category|Activision Blizzard}}
* {{Official website|https://www.activisionblizzard.com/}}
{{Finance links historical
| name = Activision Blizzard