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Blizzard Breaks For Independence As Kotick Plans $8.2 Billion Dollar Buyout 203

MojoKid writes "The CEO of Activision Blizzard, Bobby Kotick, announced this morning that he would lead an investor buyout of the company worth approximately $8.2 billion dollars. The move would free Blactivision (how has this moniker never caught on?) to become an independent publisher and free it from the clutches of Vivendi, the evil French entertainment conglomerate. Vivendi has reportedly been attempting to sell Activision Blizzard for years, due to an apparent hatred of actually turning a profit, given than the game developer owns some of the most popular franchises on Earth. Kotick has previously been known for his comments regarding exploiting game franchises and for gems like this: 'We have a real culture of thrift. The goal that I had in bringing a lot of the packaged goods folks into Activision about 10 years ago was to take all the fun out of making video games.'"
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Blizzard Breaks For Independence As Kotick Plans $8.2 Billion Dollar Buyout

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  • by schneidafunk ( 795759 ) on Friday July 26, 2013 @08:52AM (#44389959)
    This may be the wrong crowd, but this exactly the kind of move that is to be expected of a CEO who's main job is making money for shareholders. It's not surprising at all, except the heavy bias of TFA.
  • by 0xdeadbeef ( 28836 ) on Friday July 26, 2013 @08:57AM (#44389987) Homepage Journal

    That exceeded the standard threshold for painfully aspergian jokes and obnoxious editorializing in an article write-up.

    You have one job, Unkown Lamer, one job!

  • by stewsters ( 1406737 ) on Friday July 26, 2013 @09:01AM (#44390021)
    Blizzard's WOW numbers are tanking hard, Diablo 3 preorders where through the roof, but most people abandoned it after playing it once. Starcraft 2: Heart of the Swarm single player was pretty good, but perhaps a bit expensive for an expansion. They need to do something big if they want to stay relevant.

    They need to take some risks.
  • Well Then (Score:5, Insightful)

    by TemperedAlchemist ( 2045966 ) on Friday July 26, 2013 @09:01AM (#44390023)

    I've been involved with Blizzard since the early days when they weren't so popular despite being so young. Before WoW, before Warcraft 3. I'm sure there were many people who can go back further, but ever since Starcraft, I've been more than a hardcore fan: I've been a modder. I've probably spent more time on b.net than a person does sleeping in the same time period.

    It kills me to say this, but Blizzard took a turn for the worst ever since Activision acquired them. And oh yeah, that's the problem: Blizzard turns a profit and that's all they seem to care about these days: monetizing and milking the hell out of their franchises. At the expense of the games they're producing. It's a business strategy of money now and let's not worry about the later.

    Well now later has come, and Diablo 3 is complete and utter crap, Starcraft 2 is borderline crap, WoW has turned into little more than a glorified cash cow, and their new big thing was a trading card game (whoo?). They were riding on their popularity and fan base, but now it's just... Ugh. They've shifted over the pro gaming scene, but us modders and level designers have been left in the dark (once again).

    Not only is their EULA damn near totalitarian (they own everything you make with your editor, including characters, plots, etc... At least that's what it says), but the editor is a pile of crap that seems to have been coded by interns.

    As for the actual game itself. Well, it's about three years old at this point and with a GTX Titan and a 4770K Haswell processor you'll still only be pulling around 30-40 FPS with max settings (1280x720, no AA/AS). That's freaking ridiculous and shows just how badly coded the game is.

    I'm moving onto bigger and better things. This French company is quite smart to get rid of the sinking ship.

  • Re:Well Then (Score:5, Insightful)

    by mooingyak ( 720677 ) on Friday July 26, 2013 @09:43AM (#44390357)

    I've been involved with Blizzard since the early days when they weren't so popular despite being so young.

    Wow, so Slashdot has hipsters.

    Or slipsters, as MojoKid might call them.

    Wannabe hipster. "Early days" is apparently:

    Before WoW, before Warcraft 3.

    Maybe I'm just getting old, but that really doesn't feel like that long ago to me.

  • by jonwil ( 467024 ) on Friday July 26, 2013 @11:20AM (#44391251)

    This is the same mob who killed Sierra. And they nearly killed Ghostbusters: The Video Game. And not forgetting the bnetd lawsuits.

    I refuse to purchase any of their product (not that it matters, all the games they make are crap anyway)

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