Activision and Blizzard relationship

Activision-Blizzard is a stock holding company
Activision is an independent developer under that stock holding company
Blizzard is an independent developer under that sock holding company
King Games is an independent developer under that stock holding company
MLG is a Esports promoter under that stock holding company
Blizzard publishing (?) is an independent publishing company focused on movies, books, tv shows etc. under that holding company.

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