This June 13, 2013 file photo shows the Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles. (AP Photo/Jae C. Hong, File)
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.
Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
You might already be planning your Thanksgiving menu as the holiday approaches. Some retailers are offering deals that could help your pockets as you budget for those large family gatherings.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.