COVID Stimulus Watch Individual Entry
Recipient Company:
Activision Blizzard
Loan or Loan Guarantee Amount:
$1,558,645
Recipient Details
Ownership Structure: publicly traded (ticker symbol ATVI)
Award Details
Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Activision Blizzard
Headquartered in: California
Parent Sector: entertainment
Parent Industry: interactive entertainment
Employees (prior to pandemic): 9,200
Accountability Issues Since 2010
Employment-related Penalties: $1,500,000
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Ratio of CEO Pay to that of Median Worker: 319 to 1
CEO Compensation: $30,122,896
Worker Median Pay: $94,308
Federal Corporate Income Tax Rate: -54.4%