News Profit's Takes

Changes Coming To Activision-Blizzard’s Mobile Gaming Unit

King, the mobile gaming unit of Activision-Blizzard, recently announced that the organization will be going through some executive leadership changes over the coming days and weeks. This comes after it was announced that Microsoft had acquired Activision-Blizzard back in January for $68.7 billion.

Sebastian Knutsson, one of the original founders of King, announced he would be stepping down from his role as Chief Creative Officer of the organization. Additionally, Tjodolf Sommestad is expected to take over for Humam Sakhnini, who is stepping down as the President of King.

King has undoubtedly been a crucial part of Activision-Blizzard’s success. During the company’s fourth-quarter earnings announcement, it was revealed that King’s in-game bookings grew 14% year-over-year. Moreover, Candy Crush experienced a growth of 20%.

The Profit‘s Take:

This could be an indication that Microsoft is starting to put its stamp on Activision-Blizzard. This may not be a direct order from Microsoft, but could be subtle pressure. King is critical to the success of Activision-Blizzard, so this is an asset that Microsoft can’t afford to mess up.

(All information was provided by Reuters)

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