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    ZeniMax Media
    video game industry

    ZeniMax Media

    United States flagUnited States

    "A video game holding company behind iconic franchises like The Elder Scrolls, Fallout, and Doom."

    Founded 1999-05-26 Rockville, Maryland, United States
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    About

    ZeniMax Media was born in Rockville, Maryland, on May 26, 1999, when Christopher Weaver and Robert A. Altman decided to build a holding company around Weaver's Bethesda Softworks. The name mixes 'Zenith' and 'Maximum', a signal of ambition that proved accurate. Over the next two decades, ZeniMax assembled a stable of studios that defined entire genres: Bethesda Game Studios with its open-world RPGs, id Software with its pioneering shooters, Arkane Studios with its immersive sims, and MachineGames with its narrative-driven action. The company stayed private until September 2020, when Microsoft announced it would buy ZeniMax for $8.1 billion. The deal closed in March 2021, making ZeniMax a subsidiary of Xbox Game Studios while preserving its internal structure.

    ZeniMax's portfolio spans some of gaming's most recognizable IP. Bethesda Game Studios released The Elder Scrolls V: Skyrim in 2011, a title that has sold over 60 million copies and been ported to nearly every platform. id Software's 2016 Doom reboot revitalized the franchise with a blistering pace and heavy metal soundtrack. Arkane's Dishonored series won praise for its player-driven level design. ZeniMax Online Studios launched The Elder Scrolls Online in 2014, which grew into one of the most successful subscription MMOs, generating hundreds of millions in annual revenue. The company also published hits like Ghostwire: Tokyo and Hi-Fi Rush, the latter developed by Tango Gameworks before Microsoft closed that studio in 2024.

    ZeniMax's legacy is not without controversy. The 2018 launch of Fallout 76 was marred by technical bugs and a promotional canvas bag fiasco that led to a class-action lawsuit. Internal reports in 2021 described a culture of crunch and harassment, prompting the company to hire a diversity officer. A legal battle with Oculus VR over trade secrets ended in a $500 million settlement in 2018. Despite these setbacks, ZeniMax's core studios remain operational and profitable under Microsoft. Starfield, Bethesda's first new IP in 25 years, launched in September 2023 and attracted over 10 million players by year's end. The company's future hinges on upcoming releases like The Elder Scrolls VI and the continued growth of Game Pass.

    Products & Sub-brands

    The Elder ScrollsFalloutDoomQuakeDishonoredWolfensteinStarfieldThe Elder Scrolls OnlineDeathloopHi-Fi RushPreyGhostwire: Tokyo

    Frequently Asked Questions

    Who owns ZeniMax Media?
    Microsoft owns ZeniMax Media, having acquired the company for $8.1 billion in March 2021. ZeniMax operates as a subsidiary of Xbox Game Studios, overseen by Matt Booty.
    Who is the CEO of ZeniMax Media?
    ZeniMax Media no longer has a standalone CEO. After Robert A. Altman died in February 2021, the company's leadership was integrated into Xbox Game Studios, with Matt Booty serving as the head of the division that includes ZeniMax.
    Is ZeniMax Media still in business?
    Yes, ZeniMax Media is still in business as a wholly owned subsidiary of Microsoft. Its studios continue to develop and publish games under the Bethesda Softworks label, with new titles launching day one on Xbox Game Pass.
    How much is ZeniMax Media worth?
    ZeniMax Media was valued at $8.1 billion when Microsoft acquired it in 2021. Its current worth is not publicly disclosed, but it remains a key asset in Microsoft's gaming portfolio, contributing to Game Pass subscriber growth.
    What is the difference between ZeniMax Media and Bethesda?
    ZeniMax Media is the parent holding company that owns Bethesda Softworks (the publishing label) and Bethesda Game Studios (the developer). Bethesda is a brand under ZeniMax, which also owns other studios like id Software and Arkane Studios.

    Keywords

    ZeniMax MediaBethesdaXbox Game StudiosMicrosoftvideo game publisherThe Elder ScrollsFalloutDoomid SoftwareArkane StudiosMachineGamesStarfield

    Company Info

    Founded
    1999-05-26
    Founder
    Christopher Weaver, Robert A. Altman
    Headquarters
    Rockville, Maryland, United States
    Industry
    video game industry
    Parent Company
    Microsoft (Xbox Game Studios)
    Acquisition Price
    $8.1 billion
    Acquisition Date
    2021-03-09

    Official Website

    www.zenimax.com

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