This 1 fucking guy ruined a whole generation of gaming with his greedy dumb fuck business ideas.
this post was submitted on 14 Oct 2023
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This 1 fucking guy ruined ~~a whole~~ future generations of gaming with his greedy dumb fuck business ideas.
Ftfy
To be fair he probably didn't come up with any ideas. Just approved the worst ones that were presented to him.
That's not the problem. The problem is him not doing anything about all the toxic culture and sexual assault in his company, causing the best employees to leave.
Who would win?
- A massive entertainment industry filled to the brim with passionate creatives
- One greedy boy
Dude has ruined multiple generations
It would be ruined if people didn't buy the stuff, but they do, so it's a success.
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Hope he burn in hell. He's the best example of how not to run a company. It's insane that he's not been let go for years now.
That entirely depends on your expectations of a company CEO
https://www.macrotrends.net/stocks/charts/ATVI/activision-blizzard/stock-price-history
I can’t think of a company that wouldn’t hire someone with this kind of stock performance over 30 years.
The issue is really that consumers just keep spending money on things that they hate.
If they didnt do that, Bobby would have been gone a long long time ago
I think you're right. I'm pointing moee to his leadership and how he has allowed sexism and other bad behavior to go on without any consequences. He even told an assistant that he would have her killed.. https://www.pcgamer.com/more-shocking-activision-blizzard-revelations-bobby-kotick-once-told-an-assistant-he-was-going-to-have-her-killed/
He might earn himself and the stockholders a lot of money.. But in my eyes he's a great example of why I don't like capitalism, but that is another discussion tho!
He’s obviously a terrible human being, I think you have to be to be a wildly successful CEO.
But those are the people who are best at running companies. I wouldn’t be good at it, because I’m not a piece of shit
That's what sucks about capitalism. We're allowing thhattype of trash to run it.
Wow I'm very anti capitalist today!
The thing that sucks even more about it is no one even has to 'allow' that type of trash to run it, it's just what tends to happen if the profit motive is the main driver of people's behavior.
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ATVI's stock performance only looks impressive if you don't compare it to anything. Here's a graph comparing ATVI to ONEQ, which is an ETF that tracks the NASDAQ composite index. If anything, ATVI has been slightly underperforming the market average for most of Kotick's tenure as CEO.
To see what "outperforming the market" looks like, compare ATVI to NVDA. NVDA's stock has increased 16,000% in the 15 years that Kotick has been CEO of ATVI.
Or to see some video game company stocks that have outperformed the market, compare ATVI to TTWO (Take Two) or CCOEY (Capcom).
From a purely financial perspective, Kotick was middling at best. He deserves no plaudits. There were plenty of other NASDAQ companies that outperformed the market during the time he was CEO of ActiBlizz, including other video game companies.
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This fucking goblin enabled systemic rape in his organization. He deserves prison.
Which ring of hell is he planning on spending his retirement within?
Edit: Also, give me an example of another human being that looks more like a testicle with eyeballs.
John Riccitiello , former EA CEO, and now former unity CEO
I am so glad he is gone. I stopped playing any blizzaed games partially because of this shmuck... and partially because the games became trash. Here's hoping things will turn around now that he is gone.
Yeah, i'm sure microsoft won't do anything to increase monetization on their 69 billion dollar purchase. The objective is to make blizzard's games better by minimizing highly profitable systems like microtransactions, battle passes, DLC season passes, xp boosters, in game real money stores.
They wouldn't be buying these properties to try and milk as much profit as possible at all. No sir.
Hey, this is the last hope I have. There's not a lot of it, but there is a tiny chance that maybe maybe maybe things will get better. Very likely not, but, you know, one could hope.
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He looks like Bilbo Baggins in the scene where he's overcome with desire for the ring and tries to take it from Frodo.
While CEO of Activision, Kotick's termination without cause, or "Termination by employee for good reason following a change of control," guaranteed him nearly $300 million. Bloomberg reports that Kotick's windfall will likely be $375 million now that Microsoft's acquisition has gone through.
That'll teach 'em
Such a punchable face. Damn
the shareholders will identify a suitable replacement my dudes, no need to cheer up over this
Blizzard will stay the rotten corpse of something great it is right now
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What a piece of shit
Remember when kotick threatened to kill an assistant, and then they were fired and paid to not talk about it?
We've replaced Kotick with Microsoft lol
And there was much rejoicing
Microsoft must have a policy of no stealing breast milk, poor guy lost his job to that (fr tho, he will get a really nice bonus and will never 'pay' for the terrible work environment he created)
Vote me as a CEO I will
- bring back original maps from several CoD titles, make more, compact 3-4 row maps.
- remove skins from the game and replace buyable weapon skins with unlocks
- create 4-5 paid dlc with good content.
- revert matchmaking to OLD days…. No SBBM
- Actually invest in an working Anti-Cheat
- Reduce the amount of „Celebrities“ in-Game and Trailer
- continuing zombie lore
- console crossplay no pc
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ITT: people who think the guy getting a $375M golden parachute is taking a huge L.
This is the best summary I could come up with:
It's "a massive change for the video game industry," Schreier writes, which seems almost restrained, given Kotick's longevity and recent history.
Kotick, who has led Activision for more than 30 years and orchestrated its merger with Blizzard, had considered stepping down in late 2021.
Activision was also sued by its shareholders and pressured by state treasurers over its secrecy and responses regarding the California lawsuit.
In early 2022, Microsoft announced its intent to buy Activision, and the timing, according to reports from Bloomberg and the Wall Street Journal, was not a coincidence.
Kotick told VentureBeat after the Microsoft announcement that he didn't believe the harassment and mismanagement accusations hurt the company's stock.
He cited delays in shipping Overwatch and Diablo titles, along with Call of Duty's sales performance.
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