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20.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 17:11
20.
Re: More MS/Activision Deal Details Jan 20, 2022, 17:11
Jan 20, 2022, 17:11
 
The Flying Penguin wrote on Jan 20, 2022, 10:43:
HOWEVER, there are reports that there's a clause in his contract that he gets $400 million if he is 'terminated without established clause'. But we don't know if that applies to this deal, or what back room deal may have been made.

I should probably clarify that I'm definitely not sticking up for the smarmy leprachaun, just trying to clarify that Acti/Blizz are the ones responsible for that kind of absurd compensation package for a guy who led them into being the horrifying workplace we know about now, rather than Microsoft rewarding him for it like the article makes it seem.

It's insane how his compensation from Activision/Blizzard was as high as it was in the first place, or that a massive government investigation into the workplace he was leading wouldn't necessarily constitute what was required to terminate him without that kind of payout. I'd be happy, or at least optimistic, if I was one of their employees after this past year or so, too. I hope it turns things around for them...and for us, too, I guess, since I'd like to be able to buy their games again if the company straightens their shit out.
19.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 12:29
19.
Re: More MS/Activision Deal Details Jan 20, 2022, 12:29
Jan 20, 2022, 12:29
 

Sociopath being rewarded isn't a fluke.

It's capitalism working as intended.

#StructuralIncentives
18.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 10:46
18.
Re: More MS/Activision Deal Details Jan 20, 2022, 10:46
Jan 20, 2022, 10:46
 
remaking Interstate 76

It would be fun to see that game with modern character meshes replacing the polygons.
17.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 10:43
17.
Re: More MS/Activision Deal Details Jan 20, 2022, 10:43
Jan 20, 2022, 10:43
 
Keilun wrote on Jan 20, 2022, 10:30:
PropheT wrote on Jan 20, 2022, 02:29:
The vast majority of his $390 million payout will come from the 3.95 million shares that he owns, according to securities filings. Since Kotick doesn’t own any unvested equities, he will not be entitled to a change of control payment.

So, correct me if I'm wrong here, but...isn't the headline complete bullshit made up to stir outrage clicks, then? He's not getting a payout as any part of this deal, he's exercising vested stock options that were part of his pay before the deal was made. At the current stock price 3.95 million shares is also about $324.5 million, not a $390 million that's based on a peak stock price from almost a year ago. There's a reason why the NY Post was once rated as the least credible news outlet in New York, I guess.

Just clarifying that the value of his stock would be based on the terms of the acquisition deal which is $95.00 per share. That's $375M which is still off from the $390M so your point still stands.

Yeah, he keeps the stock he owns, and that's the bulk of the $390 mil, so it's not exactly a golden parachute. HOWEVER, there are reports that there's a clause in his contract that he gets $400 million if he is 'terminated without established clause'. But we don't know if that applies to this deal, or what back room deal may have been made.

Microsoft is very much aware of the bad publicity following Kotick, and they themselves have a good reputation for having a good workplace environment, so I wouldn't be surprised if they try to minimize the negative publicity by sweeping Kotick out the door as quickly and quietly as they can, and basically telling him to be happy with his stock options, and a quiet exit.

From tweets posted by devs working at ActiBliz, seems like most of them are happy about working for Microsoft.
- “The planet is fine. The people are fucked.” -George Carlin
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16.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 10:30
16.
Re: More MS/Activision Deal Details Jan 20, 2022, 10:30
Jan 20, 2022, 10:30
 
PropheT wrote on Jan 20, 2022, 02:29:
The vast majority of his $390 million payout will come from the 3.95 million shares that he owns, according to securities filings. Since Kotick doesn’t own any unvested equities, he will not be entitled to a change of control payment.

So, correct me if I'm wrong here, but...isn't the headline complete bullshit made up to stir outrage clicks, then? He's not getting a payout as any part of this deal, he's exercising vested stock options that were part of his pay before the deal was made. At the current stock price 3.95 million shares is also about $324.5 million, not a $390 million that's based on a peak stock price from almost a year ago. There's a reason why the NY Post was once rated as the least credible news outlet in New York, I guess.

Just clarifying that the value of his stock would be based on the terms of the acquisition deal which is $95.00 per share. That's $375M which is still off from the $390M so your point still stands.
15.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 10:26
15.
Re: More MS/Activision Deal Details Jan 20, 2022, 10:26
Jan 20, 2022, 10:26
 
Burrito of Peace wrote on Jan 19, 2022, 20:41:
Now, were Microsoft to announce they were remaking Interstate 76, I would sit up and notice.

This would truly be amazing, which with my luck probably means it will never happen
14.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 08:53
14.
Re: More MS/Activision Deal Details Jan 20, 2022, 08:53
Jan 20, 2022, 08:53
 
EA couldn't have bought Activision, and that's not what Bobby was saying. Neowin is dumb and their headline is shameless clickbait. He said 'consolidation'. Activision is a much larger company with much higher market capitalization. It would have been the way Activision and Blizzard consolidated but Activision was in charge.
13.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 08:10
13.
Re: More MS/Activision Deal Details Jan 20, 2022, 08:10
Jan 20, 2022, 08:10
 
Jonjonz wrote on Jan 20, 2022, 06:37:
PC gaming is a soon to be extinct dinosaur, at least as far as the big game industry players are concerned.

How many times have we heard this in the past? It was bullshit then, it's bullshit now. Sure, mobile apps bring in all the big bucks, but the thing that generates the "Buzz" and the excitement, the thing that sells gaming PCs and Gaming graphics Cards (not to mention consoles, which are basically PCs with controllers nowadays) are AAA games.
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12.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 07:59
12.
Re: More MS/Activision Deal Details Jan 20, 2022, 07:59
Jan 20, 2022, 07:59
 
Jonjonz wrote on Jan 20, 2022, 06:37:
WOW mobile coming to a phone near you shortly.
Near me? Maybe. On my phone? No freaking way.

PC gaming is a soon to be extinct dinosaur, at least as far as the big game industry players are concerned.
Even if you are right, that's okay. By the time PC gaming is extinct, I'll be extinct too.

This comment was edited on Jan 20, 2022, 08:21.
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
11.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 06:37
11.
Re: More MS/Activision Deal Details Jan 20, 2022, 06:37
Jan 20, 2022, 06:37
 
The future of big gaming bucks is in mobile cloud gaming and Microsoft wants to dominate that. Koteck found out that was catnip to MS, and instigated the whole "you all have phones" fiasco just to get MS's attention. Then it was just a matter of time.

WOW mobile coming to a phone near you shortly. Too keep the playfield level the api for PC WOW plug-ins will be binned.

PC gaming is a soon to be extinct dinosaur, at least as far as the big game industry players are concerned.
"Meet the new Boss, same as the old Boss." - The Who.
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10.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 03:59
10.
Re: More MS/Activision Deal Details Jan 20, 2022, 03:59
Jan 20, 2022, 03:59
 
Avus wrote on Jan 19, 2022, 20:13:
One of the Youtuber whom I always watch.....

Yeah, some real powerful credentials right there.
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9.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 02:29
9.
Re: More MS/Activision Deal Details Jan 20, 2022, 02:29
Jan 20, 2022, 02:29
 
The vast majority of his $390 million payout will come from the 3.95 million shares that he owns, according to securities filings. Since Kotick doesn’t own any unvested equities, he will not be entitled to a change of control payment.

So, correct me if I'm wrong here, but...isn't the headline complete bullshit made up to stir outrage clicks, then? He's not getting a payout as any part of this deal, he's exercising vested stock options that were part of his pay before the deal was made. At the current stock price 3.95 million shares is also about $324.5 million, not a $390 million that's based on a peak stock price from almost a year ago. There's a reason why the NY Post was once rated as the least credible news outlet in New York, I guess.
8.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 01:24
El Pit
 
8.
Re: More MS/Activision Deal Details Jan 20, 2022, 01:24
Jan 20, 2022, 01:24
 El Pit
 
If a golden handshake won't do, try a platinum with diamonds handshake.
"There is no right life in the wrong one." (Theodor W. Adorno, philosopher)
"Only a Sith deals in absolutes." (Obi-Wan Kenobi, Jedi)
7.
 
Re: More MS/Activision Deal Details
Jan 20, 2022, 00:09
Jivaro
 
7.
Re: More MS/Activision Deal Details Jan 20, 2022, 00:09
Jan 20, 2022, 00:09
 Jivaro
 
The old Blizzard was never coming back and what was left of it was rotten to the core. Kotick negotiated his own golden parachute instead of resigning in disgrace. Brilliant.

Fucker.
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6.
 
Re: More MS/Activision Deal Details
Jan 19, 2022, 20:41
6.
Re: More MS/Activision Deal Details Jan 19, 2022, 20:41
Jan 19, 2022, 20:41
 
I think I would be more excited if I didn't have the feeling that gaming was passing me by. Nothing Activision has done in, oh, the last decade has had any interest for me. Now, were Microsoft to announce they were remaking Interstate 76, I would sit up and notice.

But the likelihood of that is about the same as me winning the lottery twice.
"Just take a look around you, what do you see? Pain, suffering, and misery." -Black Sabbath, Killing Yourself to Live.

If you would like help or further details on a technical discussion we're having, email me at bnhelp (at sign) keepusiel.net .
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5.
 
Re: More MS/Activision Deal Details
Jan 19, 2022, 20:22
5.
Re: More MS/Activision Deal Details Jan 19, 2022, 20:22
Jan 19, 2022, 20:22
 
Thirty years and he only has 3.95 million shares? Clearly he is an under compensated CEO...
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
4.
 
Re: More MS/Activision Deal Details
Jan 19, 2022, 20:13
4.
Re: More MS/Activision Deal Details Jan 19, 2022, 20:13
Jan 19, 2022, 20:13
 
One of the Youtuber whom I always watch who mainly talk about world politic suggest there is a possibility that it is the US gov want Microsoft to buy Activision Blizzard. It is because Tencent is already have a stake in Activision Blizzard. US gov worry the data/surveillance hungry CCP may/can use Tencent to buy Activision.

Yesterday beside was Martin Luther King Jr Day and MS bought Activision Blizzard. It is also Biden signs cybersecurity memorandum for Defense Department, intelligence agencies.

“I am not a Mac user unless under duress.” - John Carmack
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3.
 
Re: More MS/Activision Deal Details
Jan 19, 2022, 19:37
3.
Re: More MS/Activision Deal Details Jan 19, 2022, 19:37
Jan 19, 2022, 19:37
 
Most people live in poverty in this world while shitheels like that walk between the raindrops. Our species is doomed for certain.
"Some motherfuckers are always trying to ice skate up hill." - Blade
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2.
 
Re: More MS/Activision Deal Details
Jan 19, 2022, 19:30
2.
Re: More MS/Activision Deal Details Jan 19, 2022, 19:30
Jan 19, 2022, 19:30
 
So Kotick get's the vast majority of the $390 million payout from the 3.95 million shares he already owns.
,.,.,.,.,.,.,,.
So EA didn't have deep enough pockets. O.K. Thinking
- At this point, Windows is the OS equivalent of Stockholm Syndrome. -
Burrito of Peace
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1.
 
Re: Activision Blizzard CEO to get $390 million payout
Jan 19, 2022, 19:25
Kxmode
 
1.
Re: Activision Blizzard CEO to get $390 million payout Jan 19, 2022, 19:25
Jan 19, 2022, 19:25
 Kxmode
 
Of course, he is.
"The present is a veil between anticipation and horror. Lift the veil... and madness may follow." source
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