Report: Activision may have paid 'tens of millions' to West, Zampella

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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.

Posted:

Source: http://www.joystiq.com/2012/07/30/report-activision-may-have-paid-tens-of-millions-to-west-zam/#comments

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MawderzPosted:

Minecart
Emazing-Lights
Smurfs
Permanent
NuttyLobbys Dang that's alot of money


Just shows Activision has that to just throw about


Yeah. Big companies like Activision have that kind of money to just give away.


Yeah with all the money they get from the CoD games is just insane.


They should use all that money to make a way better cod. :P


Lol exactly.. Otherwise all IW cods will be crap :D

PeetzuhPosted:

Emazing-Lights
Smurfs
Permanent
NuttyLobbys Dang that's alot of money


Just shows Activision has that to just throw about


Yeah. Big companies like Activision have that kind of money to just give away.


Yeah with all the money they get from the CoD games is just insane.


They should use all that money to make a way better cod. :P

EmazedPosted:

Smurfs
Permanent
NuttyLobbys Dang that's alot of money


Just shows Activision has that to just throw about


Yeah. Big companies like Activision have that kind of money to just give away.


Yeah with all the money they get from the CoD games is just insane.

SmurfsPosted:

Permanent
NuttyLobbys Dang that's alot of money


Just shows Activision has that to just throw about


Yeah. Big companies like Activision have that kind of money to just give away.

CearnsyPosted:

NuttyLobbys Dang that's alot of money


Just shows Activision has that to just throw about

AcedPosted:

Kex
SexuaI Holy crap, and what was this all about?


No idea, i never knew a lawsuit was going on lol.


Yeah me neither !lol.

MawderzPosted:

SexuaI Holy crap, and what was this all about?


No idea, i never knew a lawsuit was going on lol.

AcedPosted:

Holy crap, and what was this all about?

yayPosted:

Amp_
NuttyLobbys Dang that's alot of money


Activision has that to just spend.


^ Yup. Activision carries a million in its pocket when it goes for a walk. That's nothing to them.

FitnessPosted:

F***ing hell! Zampella can buy. Dang load of sweeties