Tony Petitti is leaving Major League Baseball after 12 years to become president of sports and entertainment for the video game and esports company Activision Blizzard Inc. on Aug. 17.
Petitti was one of two deputy commissioners under baseball Commissioner Rob Manfred, in charge of business and media. Dan Halem is deputy commissioner for baseball administration and chief legal officer.
Activision Blizzard said Monday that Petitti will report to CEO Bobby Kotick and will oversee esports, consumer products, and film and television.
A graduate of Haverford College, Petitti attended Harvard Law School. He worked for ABC and was executive vice president and executive producer at CBS Sports, then became responsible for the CBS College Sports Network, formerly CSTV. He was hired in April 2008 as president and chief executive officer of the MLB Network, set to launch the following Jan. 1.
As Manfred prepared to succeed Bud Selig as baseball commissioner, Petitti became MLB’s chief operating officer in December 2014. He was promoted to the deputy commissioner role three years later and was in charge of all content and revenue-related operations.
Formed in the 2008 merger of Activision and Vivendi Games, Activision Blizzard has properties including esports' Overwatch League and Call of Duty League.
Sony's PlayStation 5 console has now passed 50 million units sold.
FedEx decreased its full-year revenue forecast after reporting lower-than-expected quarterly profits in its latest results.
Cora is among dozens of young kids across the U.S. poisoned by lead linked to tainted pouches of the cinnamon-and-fruit puree
The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021.
Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers.
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Load More