Activision goes independent in $8.2 billion buyout

Bobby COD-Ghosts-In-The-Weeds-jpg_182637Kotick, the sometimes controversial CEO of Activision-Blizzard, is leading an $8.2 billion buyout from parent company Vivendi, a move that will restore independence to the world’s largest video game publisher.

The agreement will occur in a pair of purchases. Activision, as a company, will acquire 429 million shares for $5.83 billion in cash, while an investor group headed by Kotick and co-chairman Brian Kelly will separately purchase another 172 million shares for $2.34 billion. Kotick and Kelly have personally invested a combined $100 million into the company.

Read more at Yahoo! Games

Activision CEO blames dating woes on Photoshopped pic

Bobby bobby-kotick-datingKotick, CEO of Activision, is one of the most polarizing figures in gaming.

Investors love his focus on keeping the financials steady. Analysts respect his straight-talking, no-hold-barred attitude. But thanks to what many perceive as a thirst to milk every repetitive drop out of a handful of franchises, gamers aren’t exactly big fans, repeatedly tearing him apart in forums and even going so far as to deface his pictures online by, for instance, adding horns to them.

Kotick has a favor to ask, though. Say what you will about him, but could you lay off on the photo desecration? It’s hurting his love life.

Read more at Yahoo! Games

The weirdest casting news of the day – possibly year

Brad Pitt is an A-list celebrity. Actors clamor to share screen time with him, since it’s an almost certain chance to get screen time in front of a huge audience.

So what the heck is the CEO of Activision doing in Pitt’s latest film?

Read more at Variety’s Technotainment blog