Activision CEO Kotick among top-paid CEOs in U.S.

Damn.

http://www.reuters.com/article/2013/04/26/us-activision-ceopay-idUSBRE93P1C920130426

Kotick's 2012 total compensation includes about $56 million in stock awards, while there were no stock awards for 2011. His base salary doubled to $2 million, according to regulatory filings on Friday. (r.reuters.com/bew67t)

Kotick, 50, also a board member of Coca-Cola Co, was paid $8.33 million in 2011 by Santa Monica-based Activision.

The company's revenues and net income, however, rose only in single digits for 2012, slower than the growth rate it saw in 2011.

Activision's Kotick makes over three times the $21 million pay package received by Goldman Sach Group Inc's CEO Lloyd Blankfein in 2012, and it is 50 percent higher than Walt Disney Co CEO Robert Iger's $40.2 million compensation in 2012.

Kotick has been a director and CEO of Activision Inc, since February 1991 until July 2008, when he became CEO of Activision Blizzard in connection with the combination of Activision and Vivendi Games.

Damn is right.

50% higher than the Disney CEO? MADNESS!

Yeah it's pretty surprising how the video game industry has overtaken other well established juggernauts like the film and music industry.

Actually it's bigger than movies, music and porn combined by more than double according to some quick googleing.

I believe movies and music, but porn actually surprises me.

I believe it,i think most people just get the porno for free lol

Metalzoic wrote:I believe movies and music, but porn actually surprises me.

Porn is actually low man on the totem poll at an estimated 3-4 billion $

Movies are at 10 billion $

Music is at 16 billion $

And video games blow them all out at 66 billion $

I guess it's more like triple the amount of the others combined

(edit) derp I can't math...that's what I get for trying to math after being up all night. It's double.

lol Damn, good ol bobby.