Washington, D.C. 20549


                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of report (Date of earliest event reported) May 12, 2005

                                ACTIVISION, INC.
               (Exact Name of Registrant as Specified in Charter)

      Delaware                      0-12699                   95-4803544
  (State or Other           (Commission File Number)        (IRS Employer
  Jurisdiction of                                         Identification No.)

        3100 Ocean Park Blvd., Santa Monica, CA                    90405
        (Address of Principal Executive Offices)                 (Zip Code)

        Registrant's telephone number, including area code (310) 255-2000

          (Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

Item 1.01.  Entry into a Material Definitive Agreement.

     Cash Bonus Awards. The Compensation Committee (the "Committee") of the
Board of Directors of Activision, Inc. (the "Company") authorized the payment of
cash bonus awards to executive officers of the Company in respect of the year
ended March 31, 2005. The awards were determined based substantially on the
Company's and each executive's performance as measured against performance goals
established in 2004. On May 12, 2005, the following awards were finally approved
for the following Named Executive Officers:

             Name                                            Cash Bonus

William J. Chardavoyne, Executive Vice
   President and Chief Financial Officer                      $197,648

Richard A. Steele, President, Activision
   Distribution and Executive Vice President,
   International Distribution                                 $317,196

On May 27, 2005, the following awards were approved by the Committee for the
following Named Executive Officers:

             Name                                            Cash Bonus

Ronald Doornink, Chief Executive Officer,
  Activision Publishing, Inc. and
  President, Activision, Inc.                                 $557,000

Kathy Vrabeck, President, Activision
  Publishing, Inc.                                            $423,750

Michael J. Rowe, Executive Vice President,
  Human Resources                                             $211,680

Each of the Named Executive Officers of the Company is employed pursuant to the
terms of an agreement, previously filed by the Company, that contemplates annual
base salary adjustments.



     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date: June 2, 2005              ACTIVISION, INC.

                                By: /s/ Ronald Doornink
                                    Name:   Ronald Doornink
                                    Title:  President