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Activision CEO Kotick agrees to 50-per-cent pay cut in contract extension

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Bobby Kotick, the chief executive of esports organization Activision Blizzard, has agreed to halve his base salary as part of an extended contract until March 31, 2023.

Kotick's salary has been voluntarily reduced by 50 per cent, from $1.75m (€1.44m) to $875,000, while his annual bonus has also been halved.

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