Episode 75: Activision is laying people off… in this economy. (News Show)

Episode 75: Activision is laying people off… in this economy. (News Show)

Activision is posting record quarters. Its CEO has been awarded approximately $200 million in bonuses. The company just laid off at least 50 people in the middle of a pandemic. Also: EA’s FIFA Ultimate Team problem, Riot’s CEO cleared of harassment allegations, a ton of M&A news, and more.

TIME STAMPS

  • [00:01:52] – Microsoft and Bethesda close $7.5B deal with comments on the future
  • [00:11:50] – Sony becomes co-owner of EVO fighting game competition
  • [00:15:29] – 2K Games acquires PGA dev HB Studios, signs deal with Tiger Woods
  • [00:16:10] – Epic acquires Capturing Reality
  • [00:16:42] – Zombies, Run dev Six to Start acquired by OliveX
  • [00:17:21] – Super League Gaming to acquire Mobcrush
  • [00:19:55] – Keywords Studios purchases majority stake in Tantalus Media
  • [00:20:34] – THQ Nordic incorporates new studio for Gothic Remake
  • [00:22:13] – Embracer Group stuffs war chest for acquisitions
  • [00:22:57] – Jade Raymond’s new studio with backing from Sony
  • [00:24:00] – Omeda gets investment to reboot Epic’s Paragon
  • [00:26:05] – TinyBuild goes public
  • [00:26:22] – Rogue raises Series A funding
  • [00:26:45] – Overwolf raises Series C funding
  • [00:27:57] – My.Games invests in Espresso Publishing
  • [00:28:15] – Ubitus gets investments from big industry players
  • [00:28:47] – Incredibuild raises $140 million from a single investor
  • [00:29:54] – Roblox finally goes public
  • [00:30:29] – Quick Hits
  • [00:51:45] – Activision Blizzard lays off during a pandemic amid record earnings
  • [01:05:32] – Riot clears CEO of harassment allegations
  • [01:10:06] – Loot Boxes under fire as Germany cracks down and EA staff go rogue

SOURCES

Merger, Acquisition, and Investment Stories

General News Stories

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