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07-31-2012
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#1 (permalink)
| News Bot | | Join Date: Jul 2010 Location: XboxMB Server
Posts: 2,490
Thanks: 2,761 | | | Report: Activision may have paid 'tens of millions' to West, Zampella  Quote: |
When ex-Infinity Ward employees Jason West and Vince Zampella settled their lawsuit with Activision, it was sudden, shocking, and most of all, secret. Activision paid out an undisclosed sum to West and Zampella just before a full trial was set to begin, and while it is expected the exact amount may never be made public, experts can still make an educated guess. Financial analyst Doug Creutz of Cowen and Company posits that the settlement was worth "tens of millions," Gamespot reports. Considering Activision paid out $42 million to the Infinity Ward Employee Group as part of a separate lawsuit, and West and Zampella were seeking $1 billion when the case reached its bitter peak, this ballpark figure checks out. Activision will report earnings on Thursday, August 2, and Creutz says he expects investors will ignore the impact of the settlement on Activision's bottom line.
| Source: thetechgame.com | | | | |  |
07-31-2012
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#2 (permalink)
| | | Who Dares, Wins Join Date: Jul 2010 Location: United Kingdom
Posts: 3,163
Thanks: 2,899 | | | Re: Report: Activision may have paid 'tens of millions' to West, Zampella I hope they squeezed every last penny they could. Activision leech the life out of every series they publish and when Infinity Ward tried to break free, Activision destroyed them.
Bungie are silly going with them. They have such talent and could of survived alone like Valve. I wonder how many expansions Bungie's Destiny will have? | | | |  |
07-31-2012
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#3 (permalink)
| Regular Member | | Join Date: Sep 2010 Location: ???
Posts: 3,366
Thanks: 2,233 | | | Re: Report: Activision may have paid 'tens of millions' to West, Zampella Quote:
Originally Posted by Tucker I hope they squeezed every last penny they could. Activision leech the life out of every series they publish and when Infinity Ward tried to break free, Activision destroyed them.
Bungie are silly going with them. They have such talent and could of survived alone like Valve. I wonder how many expansions Bungie's Destiny will have? | Wise words, Tucker.
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08-01-2012
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#4 (permalink)
| | | <3 Join Date: Feb 2011 Location: London
Posts: 2,463
Thanks: 1,095 | | | Re: Report: Activision may have paid 'tens of millions' to West, Zampella wow bungie went to activision?  fgts | | | |  |
08-01-2012
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#5 (permalink)
| Regular Member
Join Date: Jul 2012 Location: Palm Coast, Florida
Posts: 561
Thanks: 140 | | | Re: Report: Activision may have paid 'tens of millions' to West, Zampella Wow.. | | | | | Thread Tools | | | | Display Modes | Linear Mode |
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