Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
San Diego, CA 08/21

Regularly scheduled events

Activision on Tough Times

Activision CEO confident in tough economy is a conversation with Activision's Bobby Kotick about weathering the current economic storm and future plans. He mentions their plans to launch three franchises this year (Singularity, Prototype, and a still-to-be named racing game), talks about doing a better job at creating original content for the Wii, and expresses optimism in the game business continuing to offer good values to cash-strapped customers. The article also outlines what he envisions doing and not doing with Activision's huge cash stockpile:

Armed with a $3 billion cash pile, Kotick said Activision plans share buybacks along with select acquisitions of intellectual property and development talent. Although the company he leads was formed through the merger of Activision with Blizzard, the former games unit of France's Vivendi SA, Kotick was skeptical of any further large-scale consolidation in the gaming sector, even though valuations have been hammered in the economic downturn.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Battlefield 1 Open Beta This Month
Titanfall 2 Testing Skipping PCs
Overwatch Competitive Changes
Heroes of the Storm Ranked Season 1 Extended
Nine Parchments Announced
Typoman: Revised Released
Street Fighter V Rage Quit Penalty Improvements
Minecraft Oculus Rift Support
On Sale
Evening Previews
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Major Hyperdrift League Demo
Final Fantasy XV Delayed
  

 



footer

Blue's News logo