Originally Posted by
Gadzooks
Blizzard is part of the foundation of ATVI's income, and that income pays the dividends for ATVI stock. Investors are NOT going to demand that ATVI cut loose the basis of the reason for holding the stock in the first place. When Blizzard is costing ATVI money is when they would start to demand that. Blizzard isn't even remotely close to that. Blizzard is still a profitable company, they're just not growing according to expectations.
IF ANYTHING, if ATVI continues to have problems (and they will, from what it looks like for releases for 2019 across the board), what they will do first is call for new leadership, and ask Kotick to step down. The Board can vote to remove him as CEO. I'm not sure what Kotick's personal stake in ATVI stock-wise, but he can be removed if his actions have impacted the performance of the company.
Blizzard being cut loose from ATVI is a pipe dream, right now. To even hope for it is flatly ridiculous.
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That's utterly pipe dream territory.