Activision-Vivendi Merger is now Officially Complete
The merger of Activision and Vivendi has finally come to fruition, and is now the “world’s most profitable pure-play online and console game publisher,” Activision Blizzard.
You may recall that yesterday, 92% of the shareholders voted a resounding “yes” to the melding of the two giants.
Here are some lovely quotes regarding the merger:
Robert Kotick, CEO: “The completion of this transaction marks the beginning of an important new chapter in the history of interactive entertainment.”
“By combining leaders in mass-market entertainment and subscription-based online games, Activision Blizzard has leading market positions across all categories of the rapidly growing interactive entertainment software industry.”
“With more than 10.7 million subscribers on World of Warcraft, and with tens of millions of people playing Guitar Hero, Activision Blizzard’s games are transcending the traditional stereotypes and are more popular as a form of entertainment than ever before. We look forward to building upon our brands to create value for our shareholders, customers and consumers.”
Blizzard co-founder and CEO Mike Morhaine: “From the beginning, our goal has been to make the best games in the world, and this transaction strengthens our ability to do just that. As part of Activision Blizzard we’ll have the reach and resources to share our games with an even wider audience – while maintaining the same approach as always to providing high-quality entertainment and services to our players.”
If you are now confused as to who will retain what titles, Neil Long with MCV has been working hard to keep you up to date with information on Activision-Blizzard’s towering mass of news. I have posted the new roster for you below, and you can view the rest of it after the jump.
The new structure is as follows:
- Robert Kotick: President and Chief Executive Officer of Activision Blizzard
- Mike Griffith: President and Chief Executive Officer of Activision Publishing, which includes the Sierra Entertainment, Sierra Online and Vivendi Games Mobile divisions in addition to the Activision business.
- Bruce Hack: Vice-Chairman and Chief Corporate Officer of Activision Blizzard, accountable for leading the merger integration and the finance, human resources and legal functions.
- Mike Morhaime: President and Chief Executive Officer of Blizzard Entertainment.
- Thomas Tippl: Chief Financial Officer of Activision Blizzard
- Jean-François Grollemund: Chief Merger Officer of Activision Blizzard.
The Board of Directors of Activision Blizzard consists of eleven members: six directors designated by Vivendi, two Activision management directors and three independent directors from Activision’s board of directors.
René Pénisson, a member of the Management Board of Vivendi and Chairman of Vivendi Games, will serve as Chairman of Activision Blizzard.
Brian Kelly, Co-Chairman of Activision, will serve as Co-Chairman of Activision Blizzard.
The three independent directors are Richard Sarnoff, Robert J. Corti and Robert Morgado.
Other Activision Blizzard directors will be Robert Kotick, Bruce Hack, Jean-Bernard Lévy (Chairman of the Management Board and Chief Executive Officer of Vivendi); Doug Morris (Member of the Management Board of Vivendi and Chairman and Chief Executive Officer of the Universal Music Group); Philippe Capron (Member of the Management Board and Chief Financial Officer of Vivendi) and Frédéric Crépin (Senior Vice President, Head of Legal Department of Vivendi).