With the acquisition of King Digital Entertainment for a cool $5.9 billion USD, Activision Blizzard's total user count now sits at over half a billion. How so many? Well, King Digital is the company behind the candy-related phenomenon Candy Crush. And with Activision now sporting a half-billion user count (across all platforms and titles), this illustrates just how successful and huge Candy Crush has been. To help drive the point home a little further, Disney bought Lucasfilm and Star Wars for roughly $4 billion USD, and Microsoft payed considerably less for Mojang and Minecraft (around $2.5 billion USD).
Okay so that last point will probably make your high-end gaming PC feel a little antiquated and not 'with it', but no need to be afraid of a future filled only with sugary mobile match-games. In addition to this announcement Activision Blizzard also posted its latest
financial results and it looks like like over 7 million players signed-up for the Overwatch closed beta which kicked off on October 27. Plus, a lot of people still play Call of Duty.
But as for me, I'd to welcome our new candy overlords. And I'd like to remind them that as a trusted internet personality I can be helpful in rounding up others to toil in their underground sugar caves.
Posted 03:25pm 04/11/15
Posted 08:56am 05/11/15
Posted 03:16pm 05/11/15
They don't need to. The CEO and friends gets a nice phat bonus. Shareholders get a nice boost, insider traders get to turn over stock for $'s, people are generally quite happy. After 6 months or so people start to notice that $6billion is actually pretty big. Shareholders cranky and stock prices start to drop, insider traders still turn over stock and make money, CEO eventually leaves with a golden handshake and does it all again at another company.
Posted 06:21pm 05/11/15