"...money's most powerful ability is to allow bad people to continue doing bad things at the expense of those who don't have it."
Zandalari are now the right height! https://i.imgur.com/4Tgu3K0.jpg Thank you to everyone that helped make this happen! https://us.battle.net/forums/en/wow/...9447661?page=1
"...money's most powerful ability is to allow bad people to continue doing bad things at the expense of those who don't have it."
WoW is doing fine if anything its the shenanigans of call of duty and destiny.
Blizzard is still activisions cash cow.
This. Many who post on those forums are very young and have no clue how a corporation operates let alone never even had a job.
An example is a thread that was around yesterday were someone asked about what Blizzard should discuss in their development meetings in January. Majority of the answers were about Blizzard firing and finances. Most sbsolutely clueless about the difference between a board meeting and a development meeting.
20 years at Disney, 18 months at ATVI, now onto Netflix. Nothing strange there - sounds like ATVI lured him over with a big salary, Netflix offered him something better. For all anyone knows, he may have taken the ATVI gig to pay the bills while still casting around for a job that's interesting - he's going to Netflix, which is current, hip, and cutting edge, instead of managing the finances of a holding company, which is probably all paperwork. Or he wanted to get back into entertainment. Or he doesn't like Kotick and his crew. Or he's a big rat, jumping off a sinking ship. Pick your version.
Not really exciting news, but I see Heelvs is milking it for clicks already.
continued proof that blizzards new model of charging people every time they swing their sword and rewarding players who do nothing with the best items in the game and punishing the average player will just push people to vanilla and force them to realize that the old model of wow was terrible and the new model is vastly superior so that they subscribe for 12 months so they can get a dirigible mount that cant fly until 25 months after an expansion releases so they can then fly around a zone and do world quests to make sure they definitely have enough ap to get not picked up by raids because raids are too busy picking people who have never raided before or picking people who have a 35m raider.io score because blizz thinks that raiding is only fun if you spend 15 minutes a day doing it every day by raiding lfr in order to get useless epics and waste 6 hours of your life with people who have never played a video game before
classic blizz
You can read a lot into this but this is honestly not that unusual. Stocks are down. Sure that has a lot to do with the markets but investors need to see something being done anyway and a CFO lifting is a good example of that. Any CFO at a company like Activision knows this to be the case. So he got let go and was hired immedately at another high tier corporation. He knew it was coming and other companies were waiting to pick him up. Once you make it into his world firings just happen. They usually sign contracts that pay them well on the way in and well on the way out if its early. I wouldnt doubt if he is happy and made out with a ton of money ontop of that instant hire that was assured before he left.
What does it mean for us though? Well it tells us stock price does matter. It also likely means a bad investor earnings call is coming up. But remember what bad is to these people. Bad is not hitting a certain level of growth in profits not a loss. I have no doubt Activison will still be well into the green with profits. It just will not have hit the growth in them they wanted. So it was LIKELY a two punch knock out for this guy to please investors. One they lost money on the market and don't want them to continue a sell off and two earnings didn't meet a likely high expectation which could also trigger a sell off.
So it is just a company asking for another chance to investors. Not gamers. I would suspect things to get worese for gamers as this new guy does whatever it takes to get more cash at a lower cost.
18 months is actually a really short time to be a CFO - just took a quick look at some surveys of average tenure of CFOs in the USA and it is around 5 years. You are absoultely correct - there could be a number of reasons for the move. In saying that 18 months is really short. I used to sit on some boards for large public companies in a different company and we would have been quite shocked to see a senior exec leave in such a short period. HeelsvsBabyface is hardly the only one jumping on this - it's across the major finance news services. Given the performance of the company in the past year, it is not a positive sign for the start of 2019.
FOMO: "Fear Of Missing Out", also commonly known as people with a mental issue of managing time and activities, many expecting others to fit into their schedule so they don't miss out on things to come. If FOMO becomes a problem for you, do seek help, it can be a very unhealthy lifestyle..
Amrita Ahuja is the CFO who was transplanted directly from Activision to Blizzard to "cut costs" as dictated by daddy Kotick himself.
A clarification like this should be tacked on to the top of every single forum thread on this website, imo. There are so many totally uneducated people here, whether children or adults with the mental ages of children, who think someone with "Chief" or "Executive" in their title gives a single flying fuck about WoW buffs or nerfs.
To be honest, I'd probably take it one step further and start swinging cease and desists at the YouTubers who doom-and-gloom every single time this kind of news comes out as well. A lot of those people narrate on things they don't understand and in my opinion could be seen as misleading potential investors in ATVI and driving away their customers based on false information/conjecture. It's disappointing in the same way that me starting a channel in order to claim the local McDonalds manager had left because they were serving radioactive cheeseburgers would be disappointing - these people are actively profiting from inventing lies about a company and causing that company to lose profits. Really, really strange imo. If it were 50 years ago and people were running print columns constantly claiming objectively untrue things about factories etc it wouldn't fly, so I think the only reason it gets by now is because the law hasn't kept up with technology.
Anyway, that was a rant - people here are stupid, and because they're majority <15 years old (literally, or just mentally) they want something negative to latch onto.
Informed he will be fired and forced to take a payed leave of absence is just PR speak for saying he was involved in some sort of scandal and dumped.
That's not what a firing for lack of performance looks like.
It ignores such insignificant forces as time, entropy, and death