Court Denies Preliminary Injunction Relating to Activision - Vivendi Games Combination

Activision, Inc. today announced that the Delaware Court of Chancery has denied the Wayne County Employees’ Retirement System’s request for a preliminary injunction relating to Activision’s proposed combination with Vivendi Games, Inc., the interactive entertainment business of Vivendi S.A.

A special meeting of stockholders of Activision, Inc. will be held on Tuesday, July 8, 2008, to consider and vote on proposals to approve the transaction and related matters. If Activision’s stockholders approve the transaction and the other matters to be considered at the special meeting, Activision anticipates closing the business combination on or about July 9, 2008.

The meeting will be at 11:00 a.m., local time, at The Peninsula Hotel located at 9882 South Santa Monica Boulevard, Beverly Hills, CA 90212.

Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted net revenues of $2.9 billion for the fiscal year ended March 31, 2008.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, Japan and South Korea. More information about Activision and its products can be found on the company’s website, www.activision.com.

Posted in Game Business, Hot Topics, Law of Games, Press Release, Video Games
Tags: activision, activision blizzard, vivendi games

UK Budget ‘08 - Bad for games developers.

 

According to Tiga a national trade association representing games developers in the UK and Europe the recent budget is a missed opportunity to help games developers in the UK.
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Posted in Game Business, Law of Games, Press Release, Real-Life, Video Game Development, Video Games
Tags: Budget 08, Developers, Europe, Finance, Funding, Tiga, UK

Manhunt 2 - 18 cert in the UK.

After months of legal appeals Manhunt 2 will go on sale in the UK and will not be banned as previously expected due to its extreme violence. When the original was released it was blamed for a number of deaths in real life so the BBFC took a number of issues into consideration when judging if the sequel would be fit to play in the UK. A retail date is yet to be announced.

What does this mean for you? In this case it looks like capitalism has beaten good taste and a lot more violent titles will be able to make it past the conservative law makers. Good news for fans of violent games, bad news for GTA hater Jack Thompson.

Posted in Law of Games, Real-Life, Video Games, Wii
Tags: BBFC, Manhunt 2, UK, Wii