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Vivendi

Activision Blizzard Worker Group Votes to Unionize in NLRB Election

The first worker group within video game giant Activision Blizzard to formally attempt to unionize has prevailed in a National Labor Relations Board election. Nineteen Quality Assurance (QA) testers at the Wisconsin-based Activision Blizzard subsidiary Raven Software voted in favor of the union in a Monday vote, while three members voted against the union. The desired […]

‘Encanto’ Soundtrack, The Weeknd, King & Prince Boost Universal Music Earnings

Universal Music Group reported higher revenue and earnings for its first quarter on Tuesday amid growth across its businesses, including its recorded music unit, which benefited from the Encanto soundtrack, as well as releases by the likes of The Weeknd and Japanese idol group King & Prince. In the fall, French telecom and media conglomerate […]

Union Files New Unfair Labor Practices Charge Against Activision Blizzard

As the Communications Workers of America continues to battle to establish its first union within Activision Blizzard, the labor giant has filed a new unfair labor practices charge against the company. The CWA, which is currently attempting to institute a union at company subsidiary Raven Software representing Quality Assurance workers, filed a complaint claiming that […]

Activision Blizzard First-Quarter Earnings Drop on Lower ‘Call of Duty’ Results, Microsoft Deal Costs

Activision Blizzard reported first-quarter revenue of $1.8 billion Monday, in line with Wall Street expectations, though below its first-quarter results of $2.3 billion from 2021.  The video game publisher recorded net bookings of $1.5 billion for the quarter ended March 31, 2022, down from $2.1 billion in the same quarter of 2021. In-game net bookings […]

Vivendi First-Quarter Revenue Rises 8 Percent on Growth at Canal+, Ad Unit Havas

Growth at pay TV unit Canal+ Group and advertising giant Havas helped drive first-quarter revenue at French media and telecommunications conglomerate Vivendi to 2.38 billion euros ($2.56 billion), 7.9 percent higher than in the year-ago period when using constant currencies and focusing on the businesses that the company owns now. Without those adjustments, revenue grew […]

Activision Blizzard Fends Off Shareholder Class Action Lawsuit Over Sexual Harassment Disclosures

Facing legal battles on numerous fronts, Activision Blizzard has won a skirmish with a federal judge’s dismissal of a lawsuit from shareholders alleging the company lied to them by minimizing the impact of allegedly widespread sexual harassment and discrimination against female employees. U.S. District Judge Percy Anderson on Tuesday found that the investors failed to […]

Activision Blizzard Cooperating With Regulators’ Asks About Alleged Insider Trading

Activision Blizzard is cooperating with a federal lawsuit and investigation into suspected insider trading that allegedly may have been facilitated by chief executive Bobby Kotick just days before the video game publisher was acquired by Microsoft, according to a filing to the Securities and Exchange Commission. “Activision Blizzard received a voluntary request for information from […]

Civil Rights Agency Lawyer Accuses Gavin Newsom of Interfering With Activision Lawsuit

A high-ranking attorney at California’s civil rights enforcement agency has resigned, accusing the governor’s office of meddling with a discrimination lawsuit against Activision Blizzard. Department of Fair Employment and Housing assistant chief counsel Melanie Proctor on Tuesday quit in protest of Gov. Gavin Newsom’s termination of chief counsel Janette Wipper in March, a lawyer representing […]

Activision Blizzard Hires Chief Diversity, Equity and Inclusion Officer

As the company continues to reckon with workplace culture controversies and lawsuits, Activision Blizzard has named Kristen Hines as its first chief diversity, equity and inclusion officer. Hines, a former Accenture executive that led that company’s DEI efforts, will begin at Activision Blizzard on April 25 and will report to the company’s chief people officer, […]

Amid Union Effort, Activision Blizzard Converts QA Workers to Full-Time Staff

Amid a unionization effort by Quality Assurance (QA) employees at a subsidiary, Activision Blizzard units Activision Publishing and Blizzard said on Thursday that they are converting all U.S.-based temporary and contingent QA workers to full-time employees. The change is being accompanied by a pay raise, with these workers’ minimum hourly rates rising to at least […]

Universal Music Group Nominates Nicole Avant, Sherry Lansing as New Board Members

Universal Music Group has nominated Nicole Avant, Sherry Lansing, William Ackman and Cyrille Bollore to join its board of directors. The music giant, eyeing new strategic advice from the streaming arena, put forward its names ahead of an annual shareholders meeting in Amsterdam on May 12. As the largest music publisher, UMG derives significant cash […]

Activision Blizzard Settles Federal Sexual Harassment Lawsuit Over Objection From California

A judge blessed a deal between Activision Blizzard and a federal agency that resolves one of numerous sexual harassment lawsuits the video game publisher faces, despite concerns that the agreement may undermine California’s pursuit of further damages in a separate case. The company, which awaits permission to be acquired by Microsoft in an deal that […]