Vivendi selling off Activision stock
Let’s quickly talk some numbers, a few days ago Call of duty: Modern warfare 3 made £83.1 million in 5 days in the UK, that’s more than the weekend box office of the last 4 Harry Potter films combined. So what logic brings Paris based congolomerate Vivendi to be selling roughly 3% of it’s stake in Activision? A Vivendi spokesman says:
”This is a tactical disposal with regards to our overall capital structure, and we remain committed to Activision and to being the main shareholder,"
Maybe this has something to do with Vivendi’s recent agreement to buy EMI’s music buisness at 1.4 billion Euros. Though the spokesman says this isn’t the case, it’s much more likely it is. I have no doubt that Vivendi still want to have a majority stake in Activision since they are currently the biggest publishers in the industry and the Call of Duty series isn’t going stop making them a ridiculous amount of cash anytime soon. It’s funny to think that Vivendi took over Activision in 2007 and every Call of Duty game since has had lower metacritic scores than the last game released in 2007: Call of Duty 4.
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