Activision Blizzard CFO fired for unspecified cause
Right on new years eve. Ouch.
The company did not provide a specific reason for the announcement about Chief Financial Officer Spencer Neumann but said it is “unrelated to the company’s financial reporting or disclosure controls and procedures.”
AAA industry has become too bloated and greedy. We need one of the big publishers to die out to course correct the rest of them, preferably Activision or EA.
It's very unlikely that either of them die unless people stop buying their annual IP releases. They both have great cash cows that let them take a few risks and have a few failures and still be fine.