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

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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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