Here's What Activision Blizzard Shareholders Asked its Leaders in First Earnings Call Following Harassment Lawsuit

Here's What Activision Blizzard Shareholders Asked its Leaders in First Earnings Call Following Harassment Lawsuit

Activision-Blizzard, which is currently being sued by the state of California under accusations of a "frat boy culture" and sexual harassment, had an earnings call today, during which it held the usual Q&A session for investors to talk to company leadership. But the majority of those who spoke during this session used that time on other topics, such as Call of Duty, China gaming regulations, and mobile advertising.In the Q&A segment, only two people asked questions about the ongoing lawsuit and subsequent reports of further harassment and toxic culture at the company. The first asked what the company was doing to address the current issues, and if there would be any impact on the company's productivity or game pipeline.In response, COO Daniel Alegre reiterated prior statements by the company given earlier in its earnings call. He mentioned the investigative law firm the company has hired (which an employee coalition has rejected due to numerous cited conflicts of interest with management), a commitment to hiring diverse candidates that he says the company has always had, and the replacement of Blizzard president J Allen Brack with co-leaders Jen Oneal and Mike Ybarra announced earlier today. Alegre did not offer new specifics as to how it would address the numerous allegations against it, adding only that the company's game pipeline was "progressing well" and plugging some upcoming new titles.[widget path="global/article/imagegallery" parameters="albumSlug=activision-blizzard-lawsuit-timeline-the-story-so-far&captions=true"]The investor question that followed this about the global reopening following COVID-19 lockdowns (which the asker opened with "Nice quarter!"). Following this, a second investor brought up the lawsuit, addressing a question to Oneal and Ybarra on how they plan to rekindle Blizzard pride, as well as a follow-up to the previous response on pipelines suggesting that it seemed hard to believe low morale wouldn't impact game production.Ybarra did not respond to the question. Oneal did, by focusing on how great the company's progress on Overwatch 2 and Diablo has been. "There's a lot of work ahead of us but the passion and productivity are already here, and when our people feel safe and supported, the rest is going to take care of itself," she said before Blizzard co-founder Allen Adham stepped in to add his own statement about how great Blizzard has always been for 30 years, and how excited he was about upcoming games.From that point on, no one mentioned the lawsuit. Earlier on the call during the prepared remarks, multiple…
Source: Here's What Activision Blizzard Shareholders Asked its Leaders in First Earnings Call Following Harassment Lawsuit

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