Lien
Rookie
http://www.gamerevolution.com/news/activision-blizzard-buys-itself-from-vivendi-universal-for-82-billion-dollars-with-help-from-tencent-20667
Silverstorm just tipped this to daniel just this hour. More news will come in. Nevertheless, if this is true, this is a HUGE event in gaming history. Currently, the stocks are going DOWN... but this is normal when a company separates itself from a parent corporation. Still, anything can happen during stocks drop.
Brief story of vivendi and Blizzard-activision:
Vivendi Universal acquire Blizzard since 1997 (during the production of starcraft) and Activision in 2007 (same year as call of duty 4: modern warfare came out). In late 2008, Vivendi merged the stock holding title of both companies into one with the less creative name of Activision-Blizzard. Ever since, both company showed commercial success in the gaming market. Disgrunted misinformed fanboys from both sides claimed that blizzard was ruining activision and that activision ruined blizzard. Of course this is silly since neither company has a say in each other's project saved for marketing and stock conference (unless the rumor that kotic and metzen are shape-shifting lizards is actually proven true). Vivendi, though, in regards to sales, got the say who gets the funding or not. When funding isn't met, the companies then have to liquidate or change their business practice (and that was how Blizzard north fell when diablo 3 didn't met vivendi expectation during the early years of production).
I am on the Bias side saying that with vivendi out of the picture, less restrain on either company and this is is opening a new door for the gaming industry. So it's good for us.
But what say you? Good news? bad news? Meet the new boss same as the old boss?
Silverstorm just tipped this to daniel just this hour. More news will come in. Nevertheless, if this is true, this is a HUGE event in gaming history. Currently, the stocks are going DOWN... but this is normal when a company separates itself from a parent corporation. Still, anything can happen during stocks drop.
Brief story of vivendi and Blizzard-activision:
Vivendi Universal acquire Blizzard since 1997 (during the production of starcraft) and Activision in 2007 (same year as call of duty 4: modern warfare came out). In late 2008, Vivendi merged the stock holding title of both companies into one with the less creative name of Activision-Blizzard. Ever since, both company showed commercial success in the gaming market. Disgrunted misinformed fanboys from both sides claimed that blizzard was ruining activision and that activision ruined blizzard. Of course this is silly since neither company has a say in each other's project saved for marketing and stock conference (unless the rumor that kotic and metzen are shape-shifting lizards is actually proven true). Vivendi, though, in regards to sales, got the say who gets the funding or not. When funding isn't met, the companies then have to liquidate or change their business practice (and that was how Blizzard north fell when diablo 3 didn't met vivendi expectation during the early years of production).
I am on the Bias side saying that with vivendi out of the picture, less restrain on either company and this is is opening a new door for the gaming industry. So it's good for us.
But what say you? Good news? bad news? Meet the new boss same as the old boss?
