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Activision Blizzard To Acquire King Digital Entertainment For $5.9 Billion

socalTECH

Santa Monica-based Activision Blizzard has agreed to acquire King Digital Entertainment , the developer of mobile games, including Candy Crush, in a deal worth $5.9 Activision said its wholly owned subsidiary, ABS Partners C.V., Activision said the acquisition will be highly complementary to its business.

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Activision Brings Back Crash Bandicoot

socalTECH

Santa Monica-based videogame publisher Activision has brought back Crash Bandicoot , its popular videogame character, in a new remake of the original three games for the PS4 and PS4 Pro. Activision said the new version of the three games was done by its team at Vicarious Visions. READ MORE>>.

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Blizzard Entertainment Chops 600

socalTECH

Irvine-based Blizzard Entertainment , the developer of the popular World of Warcraft, massively-multiplayer online game, said this morning that it has cut 600 jobs. The firm said approximately 90 percent of the cuts would come from departments not related to game development. Blizzard is a unit of Activision.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. Sales, Sony Music Entertainment, in a statement. .

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Activision Racks Up Over $500M In Opening Weekend For Call of Duty:WWII

socalTECH

Santa Monica-based Activision reported today that it passed up more than $500M in sell through for the opening weekend of its new title, Call of Duty: WWII. Activision said it sold more than twice as many units in the opening weekend compared with last year's release. READ MORE>>.

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Respawn Entertainment Launches New Game Studio

socalTECH

Jason West and Vince Zampella, the developer of video game Call of Duty and co-founder ofs Infinity Ward, have set up shop as Respawn Entertainment , and inked a deal with Electronic Arts to distribute its games. West, Zampella, and Activision are now trading lawsuits over the firing of the two.

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3BLACKDOT Snags Machinima Vet For Game Development Effort

socalTECH

Los Angeles-based 3BLACKDOT --founded by Machina Vets Angelo Pullen, Luke Stepleton, Adam Montoya, and Tom Cassell--said Tuesday that it has snagged another Machinima vet, Marwan Abderrazzaq, to head up game development at the company. He also has previously worked at Electronic Arts, Collective Studios, Activision, and Warner Bros.