Activision Blizzard doing better than expected
CEO Kotick talks business at Goldman Sachs conferenceNEW YORK -- Recently created video game giant Activision Blizzard has performed even more smoothly than expected in the early going, president and CEO Robert Kotick said Wednesday.
He also said controlling shareholder Vivendi looks ready to further increase its stake in the company.
Appearing at the Goldman Sachs Communacopia investor conference, Kotick also signaled interest in doing business with the creators of Rockstar Games, the studio that is currently in a deal with competitor Take-Two Interactive which expires in February.
"We have definitely become the destination for talented and independent-minded (creators)," he said, but declined to say more.
Kotick also touted the expanding base of video game players.
"The switch from a solitary experience to social experience is really a catalyst for new consumers," he said, pointing to such key Activision titles as "Guitar Hero."
He also cited film-type graphics as a key factor that's drawing in new gamers.