TheCutScene (Variety) has word that Mike Morhaime and the Blizzard Team have acquired a renewed 5-years contract with the ActivisionBlizzard merger. Read the full article.

CEO Bobby Kotick confirmed for me that the top folks at Blizzard have all signed new five year deals. “We realized it would be impossible to compete [with ‘World of Warcraft’] and so ultimately my only issue was making sure they were committed for at least five years. They are committed to the franchise in a way we rarely see, since it’s something they created from scratch and is their life and livelihood. It didn’t take a lot to get them to make that commitment.”

Blizzard CEO Mike Morhaime also confirmed that his executive team is under new contracts now.