Report: Activision may have paid 'tens of millions' to West, Zampella
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.
Posted:
Source: http://www.joystiq.com/2012/07/30/report-activision-may-have-paid-tens-of-millions-to-west-zam/#comments
Related Articles
Comments
SovietRussiaPosted:
-Playboy- woa that is a lot of money :O
It's pocket change for large corps. like this.
SmurfsPosted:
Amp_Abs Wow that's a lot of money they just throw around
They are just able to do that.
Yeah they're a big company, they have money to waste.
FrogPosted:
Abs Wow that's a lot of money they just throw around
It's not really being thrown about... it's taken them about 3 years to pay out.
SmurfsPosted:
Mazda3 I don't understand how they can throw money around like that
They have a lot of money to spend.
Messi-XIIPosted:
SmurfsSirJtagMazda3 I don't understand how they can throw money around like that
Cause its just pocket change to them.
Yeah. I wish it was just pocket change for me :)
you must have big pockets if you want that change
Latest Downloads
- 01. Caribbean Legend: SaveGame (before the start of the Dutch Gambit)(0)
- 02. Caribbean Legend: SaveGame (Passed the Secret Organization Gambit) [v1.0.0](0)
- 03. Jalopy: SaveGame (Pumped up LaikaGT)(0)
- 04. Assassin's Creed 3: Save Game (Game completed 8%, until Chapter 4)(3)
- 05. Supermarket Simulator: SaveGame (Quick start, 172 day, 65lvl)(0)
- 06. GoreBox: SaveGame (Ancient village of the Paleozoic era)(0)
- 07. Need for Speed: Most Wanted (2005) - SaveGame (0% career, 2 BMWs in the garage)(0)
- 08. [EU] CARX DRIFT RACING ONLINE - PROGRESS SAVE 6 SP DUO (CUSA15633)(5)
- 09. Fallout Shelter Modded Save PC(2)
- 10. Remember Me: SaveGame (The Game done 100%)(0)
- 11. The Long Drive: SaveGame (American pickup)(0)
- 12. Goemon's Great Adventure (US / NTSC) - Nintendo 64 Game Save(1)
- 13. The Long Drive: SaveGame (blue VW Beetle)(0)
- 14. Deadly Creatures | Complete Savegame(1)
- 15. Driift Mania | 100% Savegame(0)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(510)
- 02. Russian Pinocchio Quick Trophy Guide(622)
- 03. Venatrix Quick Trophy & Achievement Guide(616)
- 04. Call of the Sea 100% Platinum Walkthrough(718)
- 05. Wire Lips 100% Platinum Walkthrough(702)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(672)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(595)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(530)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(506)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(518)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(675)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(680)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(438)
- 14. Remoteness 100% All Trophies Walkthrough(672)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(548)
"Report: Activision may have paid 'tens of millions' to West, Zampella" :: Login/Create an Account :: 114 comments