DealBook: Vivendi to Cut Stake in Video Game Maker Activision Blizzard

The French media conglomerate will sell half its Activision Blizzard stake, worth about $866 million, in its latest move to reduce debt and focus on its media properties.

Media Decoder Blog: Disney Delays Release of Video Game and Toy Initiative

The company is delaying the introduction of Infinity from June until August, moving it closer to the all-important holiday sales season but possibly disappointing some investors.