On March 3, 2011, ZeniMax announced a partnership with the University of Southern California School of Cinematic Arts to support its Interactive Media Division with a comprehensive educational program of guest lectures and internships. īy January 2011, ZeniMax employed 400 people in its Rockville headquarters. In May 2016, it was valued at $2.5 billion. In 2010, Providence invested another $150 million for an undisclosed stake. In December 2009, ZeniMax acquired publishing rights to the id Software game Rage from Electronic Arts. In September 2009, ZeniMax acquired rights to the Prey video game franchise. 2007–2017: Expansion and Oculus lawsuit įurther information: Bethesda Softworks § 2004–2015: Fallout, capital increase, publishing expansionsīy October 2007, ZeniMax employee count rose to 200 employees. As of 2020, Weaver owned 'a pittance of the stock'. In 2007, it was valued at $1.2 billion, when it raised $300 million from Providence Equity Partners in exchange for a 25% stake. Īs of 2007, Weaver held a 33% stake in the company. This included ZeniMax's e-Nexus Studios subsidiary, developing European entertainment portals and web sites for SBS, as well as other stock purchase agreements between SBS and ZeniMax. SBS Broadcasting previously acquired a 12.5% stake in ZeniMax in October 2000 as part of the partnership between the two companies at the time. ProSiebenSat.1 Media held a 9% stake in ZeniMax at the time through SBS Broadcasting, which it acquired the same year. It launched, the international version of its German game platform, in December and work with ZeniMax to develop online games. On October 30, 2007, ZeniMax announced that the European broadcasting group ProSiebenSat.1 Media was intensifying its relationship with ZeniMax. In 2012, the company announced that it was developing The Elder Scrolls Online, ultimately releasing it on April 4, 2014. On August 1, 2007, ZeniMax announced the creation of ZeniMax Online Studios, a division headed by Matt Firor. ![]() We only had about 10 people on it until Oblivion wrapped (.)". Bethesda's Todd Howard said in January 2007 that "We started work on Fallout 3 in late 2004 with a few people. In 2004, ZeniMax acquired the Fallout franchise from Interplay Entertainment. The year 2000 also saw Terry McAuliffe, George Mitchell, Dean Devlin and Jon Feltheimer join ZeniMax as company advisors. Other original board members included Les Moonves as well as the now-deceased Robert Trump. Sloan is a founding investor and board member of the company. Its chairman and CEO, Harry Sloan, became a ZeniMax board member a year prior to that. In 2000, SBS Broadcasting acquired a 12.5% stake as part of the partnership between the two companies. Weaver filed a lawsuit against ZeniMax in 2002 for breach of contract, claiming he was owed US$1.2 million in severance pay. Weaver served initially as chief technology officer of the company from 1999 to 2002, then moved to a non-operational role in 2002. Weaver brought Altman on board as CEO, contributing his stock in Bethesda Softworks so that the new shell company, named ZeniMax Media, would be able to obtain funding. It was established as a successor to Media Technology Limited, Bethesda's parent company at the time. The name is a portmanteau of "zenith" and "maximum". ![]() ![]() ZeniMax was founded in 1999 by Bethesda Softworks founder Christopher Weaver and Robert A. History ZeniMax's old logo 1999–2007: Early history, SBS investment, Providence investment ZeniMax Media was acquired by Microsoft in March 2021 and became part of Xbox Game Studios. The company owns publisher Bethesda Softworks with its development unit Bethesda Game Studios (developer of The Elder Scrolls, Fallout, and Starfield), as well as developers id Software ( Doom, Quake, and Rage series), Arkane Studios ( Dishonored, Prey, and Redfall), MachineGames ( Wolfenstein series), Tango Gameworks ( The Evil Within, Ghostwire: Tokyo, and Hi-Fi Rush), and ZeniMax Online Studios ( The Elder Scrolls Online). is an American video game holding company based in Rockville, Maryland, and founded in 1999.
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