Bobby Kotick Claims Activision, Call of Duty, and Consoles Are Doing So Poorly It Proves He Was Right to Sell Activision Blizzard to Microsoft for $69 Billion
IGN • • technology
Key Points:
- Former Activision Blizzard CEO Bobby Kotick is defending the $69 billion Microsoft acquisition amid investor lawsuits alleging he rigged the deal to retain his job and benefits, and to shield himself from harassment claims; Kotick denies wrongdoing.
- Kotick argues the sale price of $95 per share was justified due to declining Activision Blizzard financials, citing a claimed 60% drop in Call of Duty sales and a historic low in console hardware sales, though he has not provided concrete evidence for the sales decline.
- Data confirms a significant downturn in the console market in November 2025, with hardware sales plunging 27% year-over-year and Xbox, PlayStation, and Nintendo consoles all experiencing steep sales drops.
- Kotick disputes the FTC
