Activision is a United States video game company. It was the initial programmer and also independent representative of this kind of game, based on October 1, 1979, and also headquartered in Santa Monica, The Golden State. Its very first products were cartridges for the ATARI 2600 video clip console; Currently, it is the third-biggest distributor computer game, as well as has produced numerous titles, consisting of Telephone call of Obligation.
Unless you have lived under a rock this last week, you will be aware of everything that has been happening within Activision Blizzard recently, and particularly, with its CEO, Bobby Kick. After an article published by Wall Street Journal uncovered new evidence against this executive, the company’s shares have drastically decreased in the stock exchange.
Only during the course of this month, the actions of Activision Blizzard decayed by 25%, and obviously, this has to do with the controversy that mentioned you a few moments ago. The truth is that for months the shares of the company were decreasing, but barely in November is when the drastic fall came.
In addition to all the above, it is also worth noting that both overwatch 2 and devil IV, which would be the strong pillars of Activision Blizzard for 2022, were delayed. And on the other hand, let’s not forget the rumor that emerged months ago where it was mentioned that there would be a strong restructuring within the company, to the point that it would even change their name. While it does not stop being a rumor, this kind of thing usually affects the image of the company negatively.
Editor’s note: The Activision Blizzard situation goes for long. The company is facing a media crisis, and with brand pressure such as PlayStation, Xbox and Nintendo, the company will have to do something late or later. If I had to bet, I would say that Kick has the days counted as his CEO.