… The message explains that Xbox has spent over $20 billion on content, platform, and hardware investments over the past five years excluding its Activision Blizzard King merger only to see annual revenue decline by almost $500 million over that period. …
… VantageCo is an indirect wholly owned subsidiary of Integrated Media Company. …
… In a statement posted on social media , Vertigo Games CEO Richard Stitselaar indicated the studio was closed in response to adverse conditions within the VR market. …
… An 84.5 percent stake in the company has been sold to investment group Integrated Media Company IMC by previous owner TruFin. …
… Their time is split across games, media, and everything else competing for attention. …
… Chris Kerr , Senior Editor, News , GameDeveloper.com May 26, 2026 3 Min Read Image via Microsoft / Activision Blizzard Microsoft has agreed to hand over $250 million to settle lawsuit brought against it by a Swedish pension fund that took issue with the company's $68.7 billion merger with Activisio… …