Huge Paycuts At Blizzard

Silver

Silver

Spaceman
Staff Member
Supporter
Joined
February 13, 2014
Messages
9,315
Location
New Zealand
Looks like Activision has been forcing senior Blizzard people out [speculation].

Looks like the activision takeover of Blizzard continues and now there have been leaks of huge paycuts to the employees
Click to expand...
 
Joined
Feb 13, 2014
Messages
9,315
Location
New Zealand
Blizzard says they are moving best developers to mobile games.

 
Joined
Oct 1, 2010
Messages
36,391
Location
Spudlandia
I'm reading this as "hostile takeover of Blizzard by phones succeeded".
 
Joined
Apr 12, 2009
Messages
23,459
joxer said:
I'm reading this as "hostile takeover of Blizzard by phones succeeded".
Click to expand...
I have another video on my news thread about Blizzard and future Micro-tanactions by Yong Yea. Seems the large giant is being toppled by the Actavison buyout.

Link - https://www.youtube.com/watch?v=Rj-eiWVfBpE

Anyway take a look at the company's stock price after this news.

Link - https://seekingalpha.com/article/4222544-brave-new-activision-blizzard

43383736_15421514357198_rId10_thumb.jpg
 
Joined
Oct 1, 2010
Messages
36,391
Location
Spudlandia
"OK guys, we fucked up with Diablo: Immortal, so now you'll receive a paycut. Haha."

But seriously, you can not develop trashy phone games with well-paid developers. If you want to be competitive in this field you need very cheap labor.
 
Joined
May 18, 2012
Messages
2,315
joxer said:
I'm reading this as "hostile takeover of Blizzard by phones succeeded".
Click to expand...

I hope you're not correct. I fear you are.

pibbur who has a phone, but for other purposes.

PS. I remember when I bought my first smartphone, I bought a couple of RPG games, but it turned out playing them wasn't particularly interesting. So I stopped buying them. I do play games on my phone on the way to (and from) work (I'm not driving), but that's Sudoku and Mah-Jongg. I think even joxer can accept that (never ever installed any candy crushes). DS.

PPS. Actually I also have a couple of pc-games I've never played, but that's for completely different reasons. And I still buy pc games. DS.
 
Cacheperl said:
But seriously, you can not develop trashy phone games with well-paid developers. If you want to be competitive in this field you need very cheap labor.
Click to expand...

Eventually, there will be a news something like this:
"Activision Blizzard, creator of the legendary Diablo and Call of Duty games, enters partnership with the world's leading mobile game developer, Tencent."

YES, THIS IS FAKE NEWS...




... but for how long?
 
Joined
Mar 3, 2008
Messages
824
Was it blizzard head hunchy who moved to them to mobile; or activisition head punchy who moved them to mobile. Anyway I'd wish them luck but i'm not sure i really care.
 
Joined
Oct 20, 2006
Messages
7,758
Location
usa - no longer boston
duerer said:
Eventually, there will be a news something like this:
"Activision Blizzard, creator of the legendary Diablo and Call of Duty games, enters partnership with the world's leading mobile game developer, Tencent."

YES, THIS IS FAKE NEWS…




… but for how long?
Click to expand...
Tencent does need a has been like Blizzard when they recently bought Path of Exile company. They now got their own horse in the aRPG race.
And PoE has big plans for the 4.0 version, they said it is made to be able to compete vs Diablo 4 (as they assumed Blizzard is still making one).
Unless Diablo 4 is going to be made for mobile first, then PoE 4.0 wins automatically.
 
Joined
Oct 3, 2014
Messages
3,819
That's because WoW killer never appeared.
Sure, some mmos are highly successful (LoL for example) but none managed to steal WoW audience.
 
Joined
Apr 12, 2009
Messages
23,459
And that game isn't nearly as good as, say, the Everquest games are. Still, I'm sure they made a pretty penny off it, now they can be quiet and enjoy the residuals, not to mention years of growth and profit. I honestly don't see what they even have to complain about.
 
Joined
Oct 18, 2011
Messages
19,037
Location
Holly Hill, FL.
I'm 2:30 in and it stems from Blizzard employees getting their EOY bonusses cut and rolled into their salary instead. Their salaries were below market but their bonusses were supposed to be really good.

Can't be bothered to listen to the rest of this because this video is boring!
 
Joined
Oct 19, 2006
Messages
5,215
Location
The Uncanny Valley
Couchpotato said:
Anyway take a look at the company's stock price after this news.

Link - https://seekingalpha.com/article/4222544-brave-new-activision-blizzard
Click to expand...

•Regardless, ATVI is now at a whopping 40% discount. I believe this is an excellent place to start building a small position for long-term investors.
Click to expand...

Interesting way to see it.
"Its value has decresed -> NOW is the time to buy !" Sounds to me like "the milk is 3 days over its best-before date. NOW is the time to buy that milk !"
Or so it sounds to me - that's an interesting way to see Reality.

Another quote from there :

Unfortunately, it seems that Activision is adopting the Electronic Arts (EA) business model. Activision used to focus on building franchises and quality games, which translated into profits. However, Activision saw the profit potential of in-game microtransactions and subscriptions. As a result, ATVI is starting to resemble EA. The problem is that gamers hate having to pay several times for the same game (microtransactions and subscriptions).
Click to expand...

Interesting to see the word "unfortunately" there.
 
Joined
Nov 5, 2006
Messages
21,964
Location
Old Europe
Pantheon is looking really nice, I've been enjoying testing it for years now, but I'm unlikely to ever return to an online game again unless my old crew comes out of retirement. Mmo's just aren't all that fun for me like they were fifteen to twenty years ago.
 
Joined
Oct 18, 2011
Messages
19,037
Location
Holly Hill, FL.
You must log in or register to reply here.
Back
Top Bottom