board of directors

Activision CEO Bobby Kotick has asked to receive minimum $62,500 salary until diversity goals are achieved

In a letter to Activision Blizzard employees and shared on the company’s investor relations page, CEO Bobby Kotick said he’s asked the board of directors to reduce his pay to the “lowest amount California law will allow,” which is $62,500 for salaried employees. The Oct. 28 letter describes the goals and milestones that Kotick hopes Activision Blizzard can achieve over the next few years. Kotick said his compensation will stay reduced until the board determines that the company has achieved those goals. He said this is to “ensure that every

Activision CEO to Take Pay Cut, Waive Arbitration in Harassment Claims

Top GamesBobby Kotick, left, has asked Activision Blizzard's board of directors to significantly reduce his salary temporarily. / Kevin Dietsch/GettyImagesActivision Blizzard CEO Bobby Kotick has announced he will take a steep pay cut and waive forced arbitration on sexual harassment, unlawful discrimination, or related retaliation.Kotick has been the company's steward since 2008. A pair of court cases and investigations, led by the Equal Employment Opportunity Commission and the California Department of Fair Employment and Housing, have accused Activision Blizzard of a culture rife with sexual harassment and gender-based discrimination. Activision

Resolution Games closes $25M Series C funding round to dedicate more to existing titles and deliver additional live VR games

In Virtual Reality News July 14, 2021 – Resolution Games, a Virtual Reality (VR) games studio known for titles including Demeo, Blaston, Cook-Out: A Sandwich Tale and others, has today announced it has closed a Series C funding round of USD $25 million, bringing the company’s total funding to USD $38.5 million. The round was co-led by Qualcomm Ventures LLC and BITKRAFT Ventures, followed by Knutsson Holdings AB. Prior investors who also took part in the round included GV, MizMaa, GP Bullhound, Partech, Creandum, Initial Capital, Bonnier Ventures and Sisu

EA’s Chairman of the Board to Step Down

Probst also served on the International Olympic Committee. | Joe Scarnici/Getty ImagesElectronic Arts chairman of the Board of Directors and former CEO Lawrence F. Probst III is expected to retire, the company announced this week. His departure would end a nearly 40-year tenure with the company, ending a run that current CEO Andrew Wilson described as one of the most impactful in EA's history.EA announced the change in a government filing, saying Probst made the decision to step down himself."Mr. Probst's decision to not stand for re-election was not the

AIE Institute Limited to offer Bachelor of Game Development in…

Student studying game development This degree will create opportunities for our students to become leaders of future industry development CANBERRA, Australia and SYDNEY (PRWEB) May 13, 2021 AIE Institute Limited, a not-for-profit subsidiary of The Academy of Interactive Entertainment (AIE), has been approved by the Tertiary Education Quality and Standards Agency (TEQSA) as a higher education provider to deliver a Bachelor of Game Development (CRS1400953). The course will initially be delivered in Sydney and Canberra, and later in Melbourne and Adelaide, offering students three specialisations to choose from. ‘AIE Institute

Nintendo earnings, a new Switch game, and E3 2021 expands | GB Decides 195

Run your own branded in-game store Start transforming your game’s economy and increase your bottom line. Get the free guide now. Download Here Did you miss GamesBeat Summit 2021? Watch on-demand here!  On this week’s episode of the GamesBeat Decides podcast, the crew discusses Nintendo’s record earnings report. Reviews editor Mike Minotti talks about his Resident Evil Village review, Nintendo’s new IP, and his thoughts on ligma. Also, more companies are joining E3 2021 and GamesBeat editor Jeff Grubb talks about that as well as the Minions CEO joining Nintendo’s

Cyberpunk 2077 Allegedly Earned CDPR’s Bosses Huge Bonuses

Cyberpunk 2077 has reportedly netted the head honchos at developer-publisher CD Projekt Red several million in bonuses, thanks to a profit-sharing system at the company. This is in spite of the multitude of launch and post-launch issues the game had, several of which are still being fixed at the time of this writing. Luckily, it seems some of the people lower down the chain will also get some bonus money as well. According to a Bloomberg report, CDPR’s latest earnings offer some insight into who’s going to get what in

Gaming infrastructure startup Pragma raises $12M from Greylock, Mark Pincus and others

Pragma is building what it calls a “backend as a service,” providing ready-made infrastructure to developers of online, live service games. And it’s announcing today that it has raised $12 million in Series A funding. The round was led by David Thacker at Greylock, with participation from Zynga founder Mark Pincus, Oculus founder Nate Mitchell and Cloudera founder Amr Awadallah, along with previous investors Upfront Ventures and Advancit Capital. Amy Chang, who sold her business intelligence startup Accompany to Cisco, is joining Pragma’s board of directors. Co-founder and CEO Eden

Twitch Co-Founder Kevin Lin Joins Krafton Board of Directors

Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), has appointed four new members to its board of directors including Twitch co-founder Kevin Lin. Joining Lin on the board are Procter & Gamble China SVP Suekyung Lee, Chung-Ang University professor and KT, Corp board member Eunjung Yeo, and Rael CEO and co-founder Yanghee Paik. Lin departed Twitch in November 2020. According to a release, Lin provides Krafton with a perspective “uniquely positioned to understand the opportunities and challenges associated with a rapidly-expanding IP like PUBG.” Coinsmart. Beste Bitcoin-Börse in Europa Source: https://esportsobserver.com/kevin-lin-krafton-board/

Esports movers and shakers in March 2021

Each month, Esports Insider curates a list of the industry’s key personnel changes. Here we have compiled March’s most notable movers and shakers. To read more about a story, click the corresponding link in the title. Spotlighted story: Victoria Horsley on her new role at Riot Games Image credit: Victoria Horsley / Riot Games The worlds of collegiate and professional esports continue to collide, as evidenced by the appointment of Victoria Horsley — who has been working with Esports Insider’s events team this year — to League Operations, Global Competitive