Friday, 27 February 2015

Ownership P1 (a)

Meaning and Purpose

The ultimate and exclusive right conferred by a lawful claim or title, and subject to certain restrictions to enjoy, occupy, possess, rent, sell, use, give away, or destroy an item of property e.g Business or Product.


Ownership Structure - Activision Blizzard


Activision Blizzard Inc



Activision Blizzard, Inc. is the American holding company for Activision, Blizzard Entertainment and Sierra Entertainment and is the largest and most profitable western interactive entertainment publishing company.

It develops and publishes some of the most successful and beloved entertainment franchises in any medium, including Call of Duty, Call of Duty Online, Destiny, Skylanders, World of Warcraft, StarCraft®, Diablo®, and Hearthstone.

Headquartered in Santa Monica, California, it maintains operations throughout the United States, Europe, and Asia. Activision Blizzard develops and publishes games on all leading interactive platforms and its games are available in most countries around the world.

Public Limited Companies:
As of 2013 Activision Blizzard is a public limited company (plc) and is owned mostly by the public after it's split from its owner Vivendi. This means that Activision is run by a group of individuals that are elected as, or elected to act as, representatives of the stockholders to establish corporate management related policies and to make decisions on major company issues. Such issues include the hiring/firing of executives, dividend policies, options policies and executive compensation. Every public company must have a board of directors. 


Advantages:

- Huge amounts of money can be raised from the sale of shares to the public
- Production Costs may be lower as firm gain economies of scales (mass production)
- Because of their size PLCs can often dominate the market
- It becomes easier to raise finance as financial institutions are more willing to lend to plcs

Disadvantages:

- Since anyone can buy shares, its possible for an outside company to take control of the company.
- All company accounts can be inspected by a member of the public
- Due to size they cannot deal with customers on a personal level
- The way they operate is controlled by various company acts which aim to protect shareholders
- PLCs are inflexible in what they produce.



Activision Publishing Inc.




Activision Publishing, Inc. is an American video game publisher. It was founded on October 1, 1979 and was the world's first independent developer and distributor of video games for gaming consoles.
The company launched a series of multi-million unit selling titles in the early 1980s for the Atari 2600 including Pitfall, Kaboom! and River Raid. And since then, Activision has created some of the most iconic and memorable game experiences of all time.

Today, the company is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products for various consoles, handheld platforms and the PC. Over the past five years, they have continued to thrive as a leading digital entertainment provider whose games appeal to a variety of gamers.

Activision operate in more than 15 countries including in the U.S., Canada, Brazil, Mexico, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Denmark, the Netherlands, Australia, Singapore, mainland China, Hong Kong and the region of Taiwan.

Treyarch


Treyarch is an American video game developer company, founded in 1996 by Peter Akemann and Doğan Köslü, and acquired by Activision in 2001and in 2005, Gray Matter Interactive was merged into Treyarch. Treyarch are based in Santa Monica, California, it has produced multiple games, including Call of Duty: World at War, Call of Duty: Black Ops, and Call of Duty: Black Ops II.
Treyarch is a subsidiary of Activision.



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