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‘POTTER’ PUSHED BACK
Electronic Arts delayed until summer its latest “Harry Potter” video game. Shares of EA fell 1.2% on Monday after the “Harry Potter and the Half-Blood Prince” game was postponed from November to coincide with the delayed release of the Warner Bros. film. EA said the title was expected to generate $120 million in revenue and 13 cents a share in profit in its current fiscal year.
BLIZZARD SPLIT COMPLETE
Activision Blizzard on Monday completed its 2-for-1 stock split. Because of the split, there are about 1.3 billion shares of the company’s common stock outstanding. Shares closed down 8 cents at $16.79 on Monday. The merger of Activision and Vivendi Games that created Activision Blizzard closed July 10.
MAGID UPPED AT PAR
Karen Magid has been named to the newly created position of executive vp litigation at Paramount. Reporting to Rebecca Prentice, exec vp and general counsel, Magid, who has served as exec vp at Par’s motion picture legal group since 1994, will oversee and manage all of the studio’s litigation matters.
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