Activision Blizzard has reached a deal with Vivendi to acquire its own shares for over $8 billion. Vivendi still retains 83 million shares (around 12 percent), but Activision Blizzard will become an independent company again with a majority of its shares owned by the public. Bobby Kotick will remain Chief Executive Officer, with Brian Kelly […]
Zynga announced its second quarter financial results today for the three month period which ended June 30th, revealing a 31 percent drop in year-over-year earnings. The social game maker posted a $15.8 million loss, with revenue for the quarter totaling $213 million. Last year, Zynga boasted 72 million daily active users playing its games during […]
Microsoft corporate VP, Marc Whitten has released a statement detailing the company’s plans for self-publishing on the Xbox One. “Our vision is that every person can be a creator. That every Xbox One can be used for development. That every game and experience can take advantage of all of the features of Xbox One and […]
Former Blizzard, Relic Entertainment and Sony Online Entertainment developers have formed a new San Diego-based studio called Molten Games. Former senior director of global community development and eSport at Blizzard, Paul Della Bitta is Molten’s chief product officer. Blaine Smith, who was lead designer on Pox Nora for SOE and also lead designer on Company […]