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Posts tagged Vivendi

Activision Blizzard resolves class action lawsuits

When Activision Blizzard bought itself to be freed from Vivendi, there was no shortage of unhappy shareholders, leading to several class action lawsuits filed against the company and other attendant actors in response to the whole process. Those suits have now been resolved and the case is now clos...

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The Game Archaeologist: How Hellgate survived being Flagshipped

It seems that it really wasn't too long ago that I was filling in the time between night classes by boning up on video game news. I was drinking up all of the hot up-and-comers, such as Age of Conan and Warhammer Online, when I caught word that the maker of Diablo was trying to do the same thing ag...

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Activision Blizzard now free from Vivendi

Back in July, Activision Blizzard CEO Bobby Kotick led a charge to buy the company back from parent company Vivendi. After a few bumps in the road, the share buyback is complete and Activision Blizzard is now (mostly) free of Vivendi. $5.83 billion of stock is owned by Activision Blizzard, while...

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Court sides with Acti-Blizz, Vivendi split moves forward

The Delaware Supreme Court has sided with Activision-Blizzard in a lawsuit that was seeking to stop the planned split from corporate parent Vivendi. The suit was filed by shareholders who believe that Acti-Blizz's bid to become an independent entity would "disproportionately benefit" CEO Bobby Koti...

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Activision Blizzard files an emergency appeal for buyback rights

It seems that Activision Blizzard just can't wait to get free of Vivendi. Not that the company is eager, but it literally cannot wait. The publisher had planned to essentially buy itself from its parent company, but following objections raised by a stockholder, the deal was put on hold by court ord...

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Activision Blizzard facing lawsuit from shareholder over going independent

Last week's announcement of Activision Blizzard separating from Vivendi might have made you unhappy, but it didn't make you as unhappy as Todd Miller. He's filed suit against Activision, the board of directors at Activision, and former parent company Vivendi on counts of unnecessary waste, breach o...

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Not So Massively: Dota 2's 5 million players, Path of Exile's death penalty, and Blizzard as an 'indie'

Star Citizen revealed details of the Hurston Dynamics corporation and jump-hub star system Terra in two new Galactic Guide lore articles this week. Diablo III developer Blizzard Entertainment regained its status as an independent development studio after CEO Bobby Kotick bought $8.2 billion US wort...

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WoW looks to the future as Blizzard stocks surge

Blizzard might be weathering the sting of a 600,000 subscriber loss in World of Warcraft this quarter, but the studio's separation from Vivendi could be the salve to soothe the hurt. Following the news that Activision Blizzard is buying back shares to take away Vivendi's controlling stake, stocks h...

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Vivendi still trying to sell Activision-Blizzard

French telecom company Vivendi is still looking to sell off gaming giant Activision-Blizzard, according to the Wall Street Journal. Vivendi announced its quarterly results yesterday and also said that Acti-Blizz's board of directors is still weighing multiple sale options for a company that's been ...

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Forbes: Activision's dependence on declining WoW subs 'potential for a catastrophic situation'

With the recent news of World of Warcraft's struggling subscription numbers fresh on our minds, Forbes investigated WoW's primary shareholder and predicted trouble on the horizon for investors. "After looking into Activision Blizzard, Inc., we discovered an amazing looking company that is unfo...

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