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Blizzard Entertainment, a division of Activision Blizzard, announced that due to the expiration of its licensing agreement with NetEase it will suspend China services of most Blizzard games on January 23, 2023. The licensing agreement has been in place since 2008 but the two companies could not come to an agreement. In its …..
For the third quarter ending 9/30/22 Activision Blizzard (NASDAQ: ATVI) saw revenue decline 14% from Q3 2021 to $1.8 billion. For the first nine months of 2022 revenue was down 22% over the first nine months of 2021. In a letter, ATVI CEO Bobby Kotick said the merger with Microsoft is expected to close by the end of Microsoft’s fiscal year on 6…..
One of the biggest issues of 2022 has been the potential Microsoft acquisition of Activision Blizzard. DFC Intelligence continues to argue that events of recent months indicate the deal is should get approved.
Multiple Government Agencies Review the Deal
There are several agencies around the globe looking at the Microsoft acquisition from a regul…..