A brand new report claims that Activision Blizzard CEO Bobby Kotick tried promoting the corporate to Fb earlier than accepting a proposal from Microsoft. This reportedly got here after the fallout of final yr’s sexual harassment and abuse allegations. Amongst different issues, the report additionally reveals that Microsoft had eyes on the controversial online game large way back to 2020.
How Activision Blizzard was almost purchased by Fb
Whereas Microsoft had approached Activision Blizzard on the subject of acquisitions again in 2020, Kotick was not . Then, in November 2021 the Wall Avenue Journal launched a bombshell report that claimed Bobby Kotick had identified about quite a few circumstances of sexual harassment and office abuse on the firm. This resulted in Activision Blizzard’s inventory dropping by 15%. Bloomberg experiences that these occasions had prompted Xbox Head Phil Spencer to method Kotick as soon as extra with a proposal to amass the corporate.
Nonetheless, Kotick nonetheless confirmed hesitation in direction of the supply and seemed to different potential suitors. Kotick went to Meta Platforms — the guardian firm of social media large Fb — and one different large company, however each offers fell by. Finally, Kotick got here again to Spencer to speak a couple of potential takeover. Each firms labored by the vacations to solidify the deal that will flip Microsoft into a fair bigger gaming entity.
The silver lining? Bobby Kotick might no longer be part of the company after Spencer takes over. However even then, we’d must cope with one of many largest monopolies within the historical past of video video games.
In different information, a Battlefield 2042 dev has admitted that DICE has been taking “too long” to repair a few of the recreation’s main points. The co-founder of Reddit has additionally predicted that the majority video games shall be play-to-earn by 2027.