330°

Vivendi: unwinding of hedge and disposal of Activision Blizzard shares

Vivendi Activision Blizzard stock has been sold for $1.1 Billion.

itsjustexuma3081d ago

What if Sony bought those shares and with that will get Crash Bandicoot, Spyro and other charactors to the PS4?

Kalebninja3081d ago

crash and spyro have nothing to do with blizzard though.

whoyouwit043081d ago

Do you not understand Activision/blizzard stock? Meaning stock in both companies

Kalebninja3081d ago

I looked it up, I understand now. Its not activision and blizzard stock Activision blizzard is one company. I didn't know that Activision merged with vevindi and apparently they are now called Activision blizzard.

whoyouwit043081d ago (Edited 3081d ago )

To bad Sony can't afford to. If any consomanufacturer would of bought this stock it's Microsoft.

MasterCornholio3081d ago

They achieve studios through different methods.

WeAreLegion3080d ago

The Xbox division of Microsoft is separate. Microsoft itself isn't going to do that.

UltraNova3080d ago

@Wearelegion

How's Phil Spencer asking the MS board for 1.1 billion to buy those shares any different than MS buying them?

Does the Xbox division have its own, separate income/revenue and therefor budget?

Who do they answer to, at least economically?

So if the head of Playstation wants to buy a game studio Sony has nothing to do with it?

3080d ago
joeorc3080d ago (Edited 3080d ago )

@whoyouwit04 + 12h ago
To bad Sony can't afford to. If any consomanufacturer would of bought this stock it's Microsoft.

I would not be too quick to lay claim to the idea Sony could not afford to do such.

You do know or may not know Sony still has billions of Dollars in the bank as cash reserve's.

@ below the PlayStation section for Sony is the 5th largest profit generated subsidiary of Sony and no where near being its #1

2nd the valuation of a companies stock & net worth in market value is really subjective on how its future stock performance can pan out. Or if it can pan out. Since than over all these posts about Sony's stock valuation, Sony's stock value raised fro. 17 billion now well past 17. It went to over 32 billion just 4 months ago.

The company has asset holdings well over 100 billion, and PlayStation as a section is simple a asset held with no stock buy into playstation its simply among other whole owned subsidiary revenue streamers.

So like the purchase of Softkinetic recently its made to generate cash flow for Sony &/the more they invest into such the more increase chance.of increase in Revenue & Profits.

And again its not even the #1 main profit generated subsidiary for Sony. Buying massive stock into another software publisher unless.you intend for 100% control buy out may not be in your companies best Interests when said company is also a software publisher.

It would depend if Sony &/Said company see it as viable.

3080d ago
+ Show (4) more repliesLast reply 3080d ago
OpieWinston3081d ago

Sony will probably continue working on their partnership with Activision via future CoD/Destiny titles. That's how they'll work out a deal for a Crash licensed game.

But as far as Spyro... That'll probably never happen, as much as I would love for it to happen. They wouldn't want to create product confusion with Skylanders.

But Sony doesn't have the capital to make that type of investment and even if they did it wouldn't be in their best interests.

UKmilitia3081d ago

exactly.
activision can hear the wants and desires of gamers.
but it will get to the point that numbers take over and amount of ps4 consoles sold will make the deal happen.

Khaotic3081d ago

People disagree because they think your a slamming their precious sony. But youre right it wasnt that long ago they were in serious financial trouble and im sure the success of ps4 has helped alot but it takes awhile to bounce back from near bankruptcy

Crimzon3081d ago

lol @ the disagrees

Anyways, we'll probably see shares for other companies being sold over the coming months as well given the extremely fragile nature of the global economy and stock markets right now. The general message coming out of Wall Street right now is "Sell everything!" so I wouldn't be surprised to see more shares being offloaded from various companies. There's a chance we could be seeing another global financial crisis this year.

TwoForce3080d ago

Well, time change I suppose. The future could happen but when you reach there, it will be different than you expected.

WeAreLegion3080d ago

Spyro hasn't played a big role in Skylanders since the first game. Kids don't care about Spyro. Sony should buy the IP. Same with Crash.

joeorc3080d ago

"But Sony doesn't have the capital to make that type it investment and even if they did it wouldn't be in their best interests."

Sony most likely has the capital.
As for being in their best interests in spending it for such an Acquisition you are most likely correct. And I agree with you.

+ Show (3) more repliesLast reply 3080d ago
Thunder_G0d_Bane3080d ago

Yeah neither of those characters would be worth 1.1 billion now.

Despite fanboy nostalgia those games started to not sell well hence why they stopped making those games. If they were selling well they'd still be around.

BitbyDeath3080d ago

But all these would -

Activision:
Call of Duty series
Skylanders series
Spyro the Dragon series
Tony Hawk's Pro Skater series
Guitar Hero series

Blizzard Entertainment:
Warcraft series
StarCraft series
Diablo series
Heroes of the Storm
Overwatch

https://en.wikipedia.org/wi...

I'm reading this over and over, must be reading it wrong somehow....???

rainslacker3080d ago

It means Sony would own about 4% of Activision Blizzard. Doesn't mean Sony would acquire rights to use those franchises.

While 4% is no small sum of ownership in a company, and it does afford some bargaining power, it doesn't actually mean anything otherwise.

Sony owned 20% of Square Enix stock for a while, but it didn't stop SE from going multi-plat. Sony brought the stocks in SE to help them when they were struggling, but ultimately, despite SE returning the favor for many years...didn't change anything other than Sony made profit off of SE dividends.

Since I doubt Vivendi is selling off stock because A/B is struggling, I doubt they'd feel inclined to give away stuff which could potentially make more money by remaining open.

+ Show (2) more repliesLast reply 3080d ago
kopko3080d ago (Edited 3080d ago )

Well, Activision Blizzard is the largest game company on the market. Too bad they hold rights to game and titles like Crash or Spyro and many others. I dont think they would sell it cheap, because why would they? They have shitload of $$$, no need to sell any rights to other companies.

imo the name Activision Blizzard sounds sooo weird

FinalomegaS3080d ago

"Activision Blizzard is the largest game company on the market"

really?

i checked and seems there is maybe even one bigger than them.

Maybe we should just say,

they are one of the largest...?

kopko3080d ago

Thanks for correcting me, you are right. Still, they are one of the biggest players in the market.

Budrazor3080d ago

MS should had jumped on that like they did with Mojang.

gangsta_red3080d ago

Yea, it's amazing how much they spent on the Minecraft devs and I can understand why with its popularity and all but when I see these types of dev/publishers up for grabs I don't understand why no one swoops them off when they have a whole portfolio of strong selling IP's.

Oh well, this is a high level world that I cannot even begin to understand.

rainslacker3080d ago

It's a stable and profitable stock to own, but beyond that, it doesn't really provide much in the way of them getting something exclusive to use for their purposes. If that was the intent in buying the stock, then it's better they didn't jump on it, because not much would have come from it. 1.1 billion is only 4% of A/B worth.

70°
7.5

Star Wars: Hunters Review | GamingonPhone

Vince Zyle writes "Star Wars Hunters is a really fun game! It’s not as good as other Star Wars games like Star Wars Battlefront 2 but coming from a developer like Zynga who worked on very underwhelming and low-quality titles before, this is a major upgrade.

There’s not much objectively wrong with the game aside from the work needed to make visuals smoother during animations. That’s one of the biggest issues at present alongside frame drops that occur from time to time when there’s too much going on which isn’t too bad but certainly noticeable.

In conclusion, Star Wars Hunters is a game for arena shooter fans who are looking for an action-filled game. Some of the other issues will hopefully be ironed out with future updates."

Read Full Story >>
gamingonphone.com
320°

Xbox Studios Boss: We "Deserve a Pretty Positive Grade" for Xbox Games Showcase

Xbox Game Studios boss Matt Booty thinks they "deserve a pretty positive grade" for the recent Xbox Games Showcase

phoenixwing1d 11h ago (Edited 1d 11h ago )

You bought it all around six months ago. You spent billions because the company is literally inept but yeah a plus man