Didn't Neversoft put out the number # selling music game for a long time and have a super successful Skateboard series for a very long time under the Activision label? I know they got shut down but come one, you can't say Acti didn't work with them in a good relationship for a long time.
Especially compared to Pandemic who got purchased for a crapton of money (the selling out part Kotick is talking about), put out one bad game then all got the axe.