According to Bobby Kotick, the drop in Activision Blizzard’s stock price is explained by the delays of Overwatch 2 and Diablo IV. As per the producer Tracy Kennedy, the delays are mainly due to the demands of the same Bobby Kotick towards the developers of the license.
In the wake of the acquisition of Activision Blizzard by Microsoft, Bobby Kotick (the president of Activision Blizzard) is multiplying his interventions and interviews, in particular to explain the reasons for this deal. The boss develops the arguments he recently addressed to his employees – at a time when the digital industry is progressively taken over by the giants of the sector, acquisitions that allow synergies become a necessity to prepare for the future.
In the columns of VentureBeat, Bobby Kotick is nevertheless also questioned about the timing of this sale: the legal context around Activision Blizzard (sued by the Californian justice) and the low stock price of his group do not also explain the operation, allowing Microsoft to buy Activision Blizzard at lower cost?
According to Bobby Kotick, his group’s stock price is not explained by Activision Blizzard’s legal troubles, but by the delays in the launch of some of the studio’s flagship games. And to mention the postponements of Overwatch 2 and Diablo IV. In other words, according to the executive, the decline in the stock price is not related to management (partly its responsibility), but to the production capacity of developers.
An opinion obviously not to the liking of Tracy Kennedy, producer of Overwatch. On Twitter, she urges Bobby Kotick to “talk about the multiple projects around Overwatch 1” that he would have imposed on the development teams and that were then cancelled, thus “losing months to the developers of Overwatch 2”. According to the producer, the delays of the next opus of the shooter would be directly attributable to the boss of Activision Blizzard.
And to drive the point home, she goes on to say that Bobby Kotick “hides behind scapegoats because [he is] a coward. “The whole world will remember you as a miserly smoker and you won’t be able to change anything; we survived you and we won, bye! This last line would suggest that Bobby Kotick will leave when the acquisition of Activision Blizzard by Microsoft is finalized. The future will confirm it or not.
For the record, Overwatch 2’s development has been raising a number of questions for a long time: its release date has been considered several times and then obviously postponed, and we remember above all the departure of Jeff Kaplan, the main public figure of the license since the launch of the first opus, who left Blizzard in April of last year, obviously displeased by a unhealthy environment within the studio – several months before the revelations and then the lawsuits from the American justice system about the working conditions at Blizzard. Because of his boss’s poor decisions?