The main thing for the weekend (February 4-5)

Activision Blizzard has agreed to pay a fine of $ 35 million as part of an SEC investigation into harassment in the company, the media reported that Microsoft received objections from the European Commission on the deal with Activision Blizzard, the quarterly revenue of the Kadokawa gaming division jumped by 123% amid the popularity of Elden Ring, — we tell you what happened in the gaming industry this weekend.

Activision Blizzard settled a lawsuit from the U.S. Securities and Exchange Commission (SEC) and pledged to pay a fine of $35 million. The company said it was glad to resolve the conflict peacefully. Recall that the SEC launched an investigation into Activision Blizzard in September 2021. The Commission was interested in how the publisher reacted to employee complaints about harassment and discrimination, as well as whether he should have notified investors about the DFEH lawsuit before the media found out about the trial.

According to Politico, the European Commission has given Microsoft a list of concerns about the purchase of Activision Blizzard for $68.7 billion. It is not specified which arguments were given by the EU authorities. A Microsoft representative told Politico that the corporation is carefully listening to the concerns of the European Commission and is “confident” that it will be able to solve these problems.

The Japanese Kadokawa, the parent company of FromSoftware, has published a report for the third fiscal quarter (ended December 31, 2022). She said that in three months, her gaming division earned $47.6 million. This is 123% more than a year ago. Elden Ring, which is selling well almost a year after its release, should be thanked for the revenue growth. As the Japanese noted, gamers began to actively buy Elden Ring again after the project won the nomination “Game of the Year” at The Game Awards 2022.