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Investors Rebel Against Activision Blizzard, Almost Got Enough Votes To Reject $155 Million CEO Pay 

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SOURCE 1: www.gamesindustry.biz/article...
SOURCE 2: www.bloomberg.com/news/articl...
SOURCE 3: www.gamesindustry.biz/article...
SOURCE 4: kotaku.com/activision-blizzar...
SOURCE 5: www.gamesindustry.biz/article...
SOURCE 6: www.gamesindustry.biz/article...
SOURCE 7: www.gamesindustry.biz/article...
SOURCE 8: www.bloomberg.com/news/articl...
SOURCE 9: arstechnica.com/gaming/2020/0...
SOURCE 10: www.gamesindustry.biz/article...

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23.06.2021

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Kommentteja 1 527   
YongYea
YongYea Uukausi sitten
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DrewBob
DrewBob Uukausi sitten
@Zed77 yt and? Crash bandicoot justifies the other trash? Don't worry ea, Activision (insert shit company here) crash bandicoot exist. Actually yea, crash was one of those. Its not new. Another remaster. Whether it's good or not is not what I cared about. It's sad no one has an original idea at these companies. We are so in reverse that they have to to go in the past for anything decent to play bc the only thing there is to look forward to is indie projects and games that already existed lol
Zed77 yt
Zed77 yt Uukausi sitten
@DrewBob Crash Bandicoot wasn't any of that
Zed77 yt
Zed77 yt Uukausi sitten
Stay sad over something that doesn't affect you ya e begger
eckosama
eckosama Uukausi sitten
what does this have to do with AMC? buy and hold APES!
⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻
made it 3 mins before i realized i don't care, I'm so sick of hearing about these clowns, they ruined the game.
True blue Ozzy
True blue Ozzy 2 päivää sitten
Investors are pulling out of activision/blizzard, because they can see the forthcoming and they are trying to save what money they have left and reinvest elsewhere because activision/blizzard are a financial titanic,, so no surprise here.
Scoobius Maximus
Scoobius Maximus 4 päivää sitten
Clearly he earned that $150 million bonus right shareholders? He did such a great job covering all the abuse and sexual harassment in his company, that must bring a ton of value!
Tang Chee Sum
Tang Chee Sum 5 päivää sitten
Sounds like corruption going on, money laundering. Reminds me the game company Sierra, after the founders step down as Ceo. The new "leader" is doing something like this, workers laid off and such. In the end, got take over by another game company.
BirdOfHermes83 D.
BirdOfHermes83 D. 26 päivää sitten
👏👏👏👏👏👏👏 These people are doing good work. Fuck those Ceos! They don't need anymore money. They already have more than they can possibly spend!
Custom Ink
Custom Ink 27 päivää sitten
Sorry, I'm not really versed in corpo speak, but what is a "compensation package" and why do CEOs get hundreds of millions from them?
Carlos Seda
Carlos Seda 27 päivää sitten
If they had actually rebeled then there would have been some accountability here... this ended up looking like a failed stunt. Man... fuck Bobby Kotick
Carlos Seda
Carlos Seda 27 päivää sitten
Why the f*ck do these people even need more money? What is even the fucking point to keep "making" more and more money when you, your kids, grandchildren and even those that come after wont even get to fucking use all that estrepitous amount of wealth you have STOLEN from your workers.
javvy156 javvy156
javvy156 javvy156 27 päivää sitten
Nothing has changed. This has meant nothing.
A K
A K 28 päivää sitten
Bobby kotic could use a part of this money to hire more People to fix Warcraft 3 Reforged. But Noooo 🤦‍♂️ blizzard firing Employes and go LGBT to show us how great they are 🙄.
toastedjambread
toastedjambread 28 päivää sitten
I dont think this bothers them. They'll get more money from foreign (particularily investors from china) investors.
nemo pouncey
nemo pouncey 28 päivää sitten
it's time for these old game companies to go. they had there time in the spotlight. make way for the new guy's.
nemo pouncey
nemo pouncey 28 päivää sitten
remember when Activision was the king of gaming back in the day? wtf happened to them?
nemo pouncey
nemo pouncey 28 päivää sitten
Activision has been around from the day you was born. amazing how that company survived almost everything.the game crash etc.
coolbuddydude1
coolbuddydude1 28 päivää sitten
so it's basicly a bonus that encompasses 10 years?
coolbuddydude1
coolbuddydude1 28 päivää sitten
why you hatin?
Gun Murat Ilban
Gun Murat Ilban 29 päivää sitten
I'm not sure why so many people care about the bonuses of a CEO. The man is the CEO of one of the largest companies in the world, at that level such executives are paid huge amount of money in other industries as well. The fact that they had layoffs has got nothing to do with the CEO's bonuses. Laying off employees can have many reasons, it doesn't have to be just about losing revenue. Maybe they've automated some of their processes, maybe they cancelled some of their projects or maybe they were just overstaffed. There's no connection between that and CEO getting bonuses.
KingJeremy77
KingJeremy77 29 päivää sitten
That dude is just a greedy piece of garbage.
ZiNG
ZiNG 29 päivää sitten
If only we could organize, like the meme people who broke wallstreet and drive companies to drop their predatory business models Wait, we, could, actually, do that
ZiNG
ZiNG 29 päivää sitten
These companies are no longer the gaming companies you know. Their focus is to please investors with eternal growth by any means necessary
toufik mag
toufik mag Uukausi sitten
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toufik mag
toufik mag Uukausi sitten
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walia jiwan Uukausi sitten
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Laurel Arthur Uukausi sitten
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melissadarl123xx Uukausi sitten
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Marcel Cynthia Uukausi sitten
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Vincenzo Visone
Vincenzo Visone Uukausi sitten
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Cloudy
Cloudy Uukausi sitten
If I was an Activision/Blizzard shareholder and knew those ridiculous terms on Kotick's contract, the moment the stock spiked I'd sell everything and move out of the company. You know he'll do whatever is needed to get his bonus target, so it's only going to be a short term improvement.
Penthactus Soul
Penthactus Soul Uukausi sitten
Blizzard has around 10.000 employes. Take 150mil from 200mil and spread it to all employes equally. Every employe would get 15k$ !!! and the CEO would keep 50mil to himself. Nobody can say that this money wouldnt make any difference to the employes. Do the math and you will see that employes should be paid MUCH more! And even 30mil would be too much for the CEO imo.
upthebracket26
upthebracket26 Uukausi sitten
He's come a long way from being a minor character in Moneyball to being a gamer boss.
54tisfaction
54tisfaction Uukausi sitten
C'mon, I'm sure giving all that money to the employees instead would just have made them blow it all on goods and services in the US economy at large. We can't have that. Bobby will keep the millions safe in stock investments, thus earning even more billions in interest! This is how you produce "Jobs", the corporations tell me...
RIP Off
RIP Off Uukausi sitten
Hey YongYea, can you make a video where u talk about Activision forcing people in 9.1World of Warcraft to PAY to Play even MORE Money=>Gold. They want player to upgrade or RECRAFT Legendary Items which will costs player in beginn with at least 20-40 €. Basicly with enough time players can craft them totaly by themself, but this is not do-able by normal working people. Besides that, there are plenty of people not careing and just pay money. For a Mythic top Player (not ultra top) you are forced to pay money just to compete and to make progress in the race of top 100.
RIP Off
RIP Off Uukausi sitten
They totaly destroyed Blizzard, Fcking activision
Keibruuh
Keibruuh Uukausi sitten
This is pretty crazy Just like getting gamepass for $9.99/month, and if you're new you can get 3 months for $1!!!
KevinGame3
KevinGame3 Uukausi sitten
Think Bobby think
SuperN0va
SuperN0va Uukausi sitten
Maybe going forward, instead of the CEO's unit of currency being referred to in dollars, let's call it employee layoffs. "This year, Bobby's bonus will be 800 employee layoffs, with a potential to earn an additional 150 employee layoffs if goals are exceeded by at least 10% in the 4th quarter. Better yet, let the CEO choose a loot box that contains his yearly salary. 4 boxes contain expired McDonald's and Starbucks coupons and overpriced character skins, and the 5th box contains actual money--whose to say how much or how little. Let's call this compensation package a surprise mechanic.
Enigma
Enigma Uukausi sitten
In summary: Communism good. Capitalism bad. -- Got it, Yong.
Alex Darksider
Alex Darksider Uukausi sitten
The system causes workers to be exploited, fired en masse, while a billionaire on top takes all of the credit and lavishes himself in wealth. Remember, there are devs working for Activision struggling to pay for food and shelter.
coolbuddydude1
coolbuddydude1 28 päivää sitten
i doubt that. Game devs are well paid and have bonuses.
Valdemire Kreshnov
Valdemire Kreshnov Uukausi sitten
They need to increase the game costs and pump microtransactions. So they can buy their yachts, private jets and mansions.
Sherlock Holmes
Sherlock Holmes Uukausi sitten
Remind me again what kind of labor these CEOs do to earn their insane salaries? How are they working harder than the thousands of underpaid, crunched-out devs, who actually pump out the product that Activision and other video game companies makes their money from? This shit is some actual bourgeoisie nonsense.
TS MikeIce
TS MikeIce Uukausi sitten
Well shit. I feel bad for my seniors who went to Blizzard for a job
Domomonster o
Domomonster o Uukausi sitten
With how little investment activision blizzard put into their gsmes nowadays it's a miracle the servers they are running on are still up and running considering they are all like 15 year old servers.
Turk
Turk Uukausi sitten
as an investor as long as the return is expectant, Kotick can get whatever he wants. The moment it drops below what is expected, he goes. As for those working in Blizzard and EA, that is your problem and not the investors.
Chris M
Chris M Uukausi sitten
Sad we have the power to either lift up or bring down the greedy practices and guess which option we chose for almost 2 decades..
Corey Mckee
Corey Mckee Uukausi sitten
EAs Andrew Wilson is the devil. Activision CEO bobby Kotick: "Hold my pitchfork."
Robert Marts
Robert Marts Uukausi sitten
I've stopped buying Blizzard products for several years now. I don't plan on reversing that any time soon.
JuanM254
JuanM254 Uukausi sitten
The greed of some people is just mind blowing.
T Kizzle
T Kizzle Uukausi sitten
This is the reason games are such trash anymore
286mic
286mic Uukausi sitten
That's a ridiculous benchmark he has to hit. Just double the share price? He can easily just pump the stock with b.s pr.
G P
G P Uukausi sitten
This goes past winning the game of Capitalism.
The Frog
The Frog Uukausi sitten
1545 people could be given a $100k a year salary and he would still make $500k a year. More than I could ever dream of. OR Almost 3100 people getting $50k a year increase. It's crazy levels of greed at the CEO level.
algi
algi Uukausi sitten
How does one get missed bonuses??? That makes 0 sense.
Alex Gore
Alex Gore Uukausi sitten
I know it's unlikely, but I hope that this serves as a wake-up call to the higher ups at Act-Blizz. It's one thing for your customers to be up in arms, but if your shareholders start doing the same, then the writing's on the wall. If there's one thing companies like Act-Blizz are beholden to other than profits, it's the shareholders.
AJR 9946
AJR 9946 Uukausi sitten
People value profit not ethics and quality. It's why we'll all be speaking Chinese before long.
Lukeyguy
Lukeyguy Uukausi sitten
I'll never understand why shareholders will ever care what the CEO gets if the shareholders are also making money from what they put in? The only time I would care if Activision is losing me money as of right now it's mostly up. It's going to be interesting what happens in the future but as someone who deals with shares (smaller scale) you make me more money than what I put in I don't care what you do in the backend. People then talk about staff being laid off. Welcome to Activision it's a trash company. They know this when applying to work at the dump. There better gaming companies out there that respect your art.
Joe G
Joe G Uukausi sitten
To me this just screams that Bobby & Co. know Blizz is a sinking ship and are scrambling to get everything they can into the lifeboat before it goes down. Never mind that they are the ones who cut holes in the boat's underside so they could see the ocean...
K. Fuji'
K. Fuji' Uukausi sitten
Almost
Bearded Mythos
Bearded Mythos Uukausi sitten
Kotick has a net worth of like 600 million. I don't really think he cares at this point. Something should have been done a long time ago.
S Larson
S Larson Uukausi sitten
Anybody on here play magic the gathering?
SilentVinyl
SilentVinyl Uukausi sitten
wtf who even needs that much money in life?
Mr Ex
Mr Ex Uukausi sitten
EA should be included
Patrick M
Patrick M Uukausi sitten
EA BAD ACTIVISION BAD Ah this video again😒🙄
Shane Hull
Shane Hull Uukausi sitten
Good they deserve it just for CoD everyone that brought that game deserves a refund and compensation
Fernando Luna
Fernando Luna Uukausi sitten
Honestly.. F**k Bobby, Wilson, and pretty much every CEO ever. One wonders how many millions are enough? I kinda understand a somewhat high pay, but the get grossly overpaid, not to mention all the ridiculous bonuses and "safety parachutes" just in case they go away they get to grab a few million more..
Simon Sykes
Simon Sykes Uukausi sitten
This problem isn't limited to gaming it's widespread with capitalism. The result of persistent deregulation.
Felis Menari
Felis Menari Uukausi sitten
Ok, performance bonuses are all well and good, but *retroactive* bonuses for time periods in which you did not break past the bonus threshold? That's messed up.
Groaznic
Groaznic Uukausi sitten
Blizzard is the McDonald's of game development, young inexperienced developers work there for 1-2 years out of desperation while they keep applying to other companies out there, and they leave with PTSD and a long lasting sour taste of Bobby's schlong in their mouth.
John Mauricio
John Mauricio Uukausi sitten
american company takes advantage of their workers while ceo makes bank. whats new?
Ekusu Plosion
Ekusu Plosion Uukausi sitten
Why the hell a CEO is overpaid when they are not even doing anything useful
くんマフムード
くんマフムード Uukausi sitten
what exactly are these executives being incentivized for? doing nothing?
Existential Selkath
Existential Selkath Uukausi sitten
I understand executives getting payed more than the average Joe, but if you have to lay off employees and you're still getting bonuses, something is going wrong
GattlingCombo
GattlingCombo Uukausi sitten
Remember when EA was voted the "worst company" on the internet
Ben Gosling
Ben Gosling Uukausi sitten
William Gates III has $100+billion however as the ceo of MS was on a $1 pay salary. Steven Jobs also earnt just $1 per year as ceo of Apple both controlled multibillion dollar companies! so how Activision can pay their ceo $155mil is greedy and obnoxious. There are ways to incentivise ceos and executives of large multinational companies but straight up paying 100s of millions of dollars isn't the most descreet way. Give the guy stocks and bonds like all the other billionaire ceos such as the aforementioned Gates & Jobs as one example
RubberStig
RubberStig Uukausi sitten
The rich get richer and the poor get the picture. 54% of shareholders voted to keep the executives' bonuses? That tells me 54% of the shareholders are executives. Conflict of interest much?
Eldrich Gaming
Eldrich Gaming Uukausi sitten
So he met his goals, did his job in making shareholders money and generating profit earning a bonus and share holders agreed. He took a W in life and it takes a pathetic person to be mad about a man that holds 25% of a company getting what he earned and deserved. Only poor people cry about someone getting a W in life. Get your onion smelling ass out of here.
eye776
eye776 Uukausi sitten
He didn't do his job in making shareholders money and generating profit earning. That's the whole point. His compensation package basically hinges on a technicality in his contract. But yeah, that technicality is a big Win.
Mr. Thou
Mr. Thou Uukausi sitten
Aww darn, I was hoping they'd lose out so they'd have to go chug another jug of CCP semen.
Samas R Counts
Samas R Counts Uukausi sitten
The best part about this is Ol' boy is about to be taxed like a mf once the new infrastructure bill is signed.
FreakyDude
FreakyDude Uukausi sitten
they will probably keep it 51% its obvious they pay back a few thousands to them as chump change to sweeten the pot slightly and show them their methods will keep earning them profits...
Jack Shepard
Jack Shepard Uukausi sitten
*Oh man. You are ruining its "love/dating life" again. Think of all the prostitutes it will have to pay and/or rape now...*
Grunzgesetz
Grunzgesetz Uukausi sitten
This is capitalism. We have to abolish it.
moonbeast32
moonbeast32 Uukausi sitten
I'm curious why members of the board of directors even allow these sorts of things that happen in the first place
skyguy1230
skyguy1230 Uukausi sitten
I don’t understand how he’s eligible for the bonus even though he didn’t even make half of his performance goals, that’s the dumbest thing I’ve ever heard
Sig Sig Sputcat
Sig Sig Sputcat Uukausi sitten
Hey, Bobby's only a multi billionaire, he NEEDS this raise. Oh, and Booby is essential to the greats games Activision makes, I mean he's a designer, an artist, a programmer... oh wait, he's not needed at all. Never mind.
Adam Riveros
Adam Riveros Uukausi sitten
I still don't understand why people who get underpaid stay in there jobs (at least for first world countries) If you a veteran dev and not getting payed your due there should be a company out there who wants you more.
Sypha Flowen
Sypha Flowen Uukausi sitten
"They can't reject my pay rise, that'd be one less ivory backscratcher!" -Bobby Kotick
Explosive Bolts
Explosive Bolts Uukausi sitten
Imagine getting paid so much money in a single year, that you could fund a multi year development AAA budget game yourself. This is borderline embezzlement.
Bob Lee Swagger
Bob Lee Swagger Uukausi sitten
Become a CEO find a nugget make money do money this "HARD" WORK! I deserve it! B.Kostick
Fear None
Fear None Uukausi sitten
Fuck it, pay me 1 million a year and I can do much more in 1 day than Bobby does in 5 years
Nytrusdeathcyde
Nytrusdeathcyde Uukausi sitten
what? investors rebelling AGENST corpret greed? is this an out of season april fools joke?
DeepVoice Games
DeepVoice Games Uukausi sitten
He has enough to money as it is. so why does he need it. its just pure greed
McDoogle
McDoogle Uukausi sitten
The CEO doesn't need the more fking money. Fix their damn games.
Ashtyn Heike
Ashtyn Heike Uukausi sitten
Just wait until the next call of duty gets announced and watch the stocks plummet
Joey Keilholz
Joey Keilholz Uukausi sitten
Guillotines
StigMurcielago
StigMurcielago Uukausi sitten
hmpf. “almost”
Justin F
Justin F Uukausi sitten
I'm not a developer. I'm a property manager. I manage 70+ vacation homes for a short term rental company. The hours are long, the pay is middling. The company thrives while morale dives. The 'line' level employee who does his/her job well needs to be better appreciated. Seeing one person take home $155 million dollars must be outright depressing. The disparity between that number and what the average developer makes in a year is just egregious.
Daniel Wells
Daniel Wells Uukausi sitten
If Dante's Inferno is to be believed, then Kotick will end up in boiling hot molten gold for the rest of forever when he passes, ie the circle of greed.
Daniel Porter
Daniel Porter Uukausi sitten
I wouldn't take Dante's Inferno seriously about the afterlife, but that is an appropriate punishment for someone like Kotick.
W4nT4n
W4nT4n Uukausi sitten
Eat the rich
Rasta Blastin
Rasta Blastin Uukausi sitten
Activision sucks needs to create a better game.
Brandon Dimopoulos
Brandon Dimopoulos Uukausi sitten
I've read multiple reportings claiming he isn't getting a bonus so obviously Activision Blizzard is working hard at misinformation while attempting to lie to investors. Such a snake company.. this is not my blizzard , not the blizzard I grew up to and supported .. absolutely disgusting the direction it's taken and it all started when Activision started poking their nose into blizzard
oneguysaccount
oneguysaccount Uukausi sitten
Bastard still gets 155 million. Close enough doesn't cut it :P
Zelassin
Zelassin Uukausi sitten
lots of talk, zero actual difference. Worthless
n
n Uukausi sitten
Almost is not good enough
URSoDead2Me
URSoDead2Me Uukausi sitten
Imagine how far that $155M would go to the salaries of people who got laid off during record quarters. Crazy shit.
King of The Zinger
King of The Zinger Uukausi sitten
AAA industry:Games are more expensive to make Me and other Indie devs: Making a complete 2D indie game on a 500.00 budget while Indie devs can make complete games in Unreal 4 or 5 for 1000.00 a year. They can take rheir lies & shove em.
Charles Trudel
Charles Trudel Uukausi sitten
pretty sure your annual salary is not 40 000 per year thought. it should, because thats the minimum for any analyst programmer. Nintendo for example have this salary for baseline, but yeah, that baseline is absent in most north america companies...
Super Game Master
Super Game Master Uukausi sitten
Eveyone who supports Booby Cockick by supporting Activision with their money, is an accomplice to his awful crimes. The developers get paid fuck all anyway, buying their products isn't going to give the hard working developers much money. Especially when they can be dropped from the company regardless.
MicHaeL MonStaR
MicHaeL MonStaR Uukausi sitten
It's a pretty disgusting world, where if you're some renowned artist you'll probably become a millionaire, but if you're an artist that works their ass off on a videogame, you get underpaid. I really hope that these people get reasonably compensated for things like sales on "art of" books and such as well. - But it's probably a situation where the art, whether it's visual or audio, is owned by the studio they're working for as soon as it gets delivered, to avoid rights issues and the like. - Not to mention the money that the creators and publishers of the books, such as Dark Horse or Titan Books, make. - I have a lot of those, but I fear the artists have gotten very basic pay for just their hours at the office. - I'm sure they have some work on the side, if they're smart, but yea...
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