Our latest coverage of activision blizzard.
Here’s today’s dose of COVID-19-related MMO and gaming news. Eighteen game companies, including Activision Blizzard, Riot Games, Unity, and Twitch among others, have teamed up with the World Health Organization to launch the #PlayApartTogether campaign in an effort to combat the spread of the deadly virus. “It’s never been more critical to ensure people stay safely connected to one another,” [...]
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Late last week, we reported on Activision-Blizzard’s sudden decision to pull all their games from Nvidia’s recently-launched game streaming platform, GeForce Now. Today, Nvidia admits that it was all a misunderstanding and that it was an error on their part. According to Bloomberg, Activision-Blizzard agreed to participate in GeForce Now’s beta test but wanted a commercial agreement before proceeding with [...]
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Nvidia GeForce Now has been live for a little over a week and its customers couldn’t be happier. That is until Activision-Blizzard decided to suddenly pull all of their games from the streaming service a few days ago without prior notice. Here’s NVIDIA’s official response: “As we take GeForce NOW to the next step in its evolution, we’ve worked with [...]
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The last quarter of 2019 was an absolute PR nightmare for Activision Blizzard. The company was boycotted for banning a pro-Hong Kong Hearthstone player and was criticized for an utterly disappointing BlizzCon presentation. The question is, would these have a significant effect on the company’s Q4 2019 revenues? Apparently not. Acti-Blizz’s revenues are down by 16.7% compared to Q4 2018 [...]
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Activision Blizzard reporting strong Q3 2019 earnings today with revenues coming in at $1.28B vs company guidance of $1.11B thanks to strong performance of Call of Duty and World of Warcraft (largely due to Classic's launch). In fact, Blizzard said in their earnings report that WoW Classic "Added record number of subscription plans in Q3" with the game "sustaining strong [...]
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Activision Blizzard stock jumped 5% higher today in trading after World of Warcraft Classic's strong launch last night. The 5% move higher comes during a down day in the overall market, and a flat to down day in other video game stocks, which tells us that the move higher today can be attributed almost exclusively to a stronger than expected [...]
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Activision Blizzard reported their Q1 2019 earnings today and total revenue for the quarter came in at $1.8B with full year 2019 revenues expected to come in at $6B. Activsion Blizzard has been shaking things up lately after previous earnings have disappointed investors. The company outlined 4 areas of focus going forward: Company-wide monthly active users were 345M for the [...]
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Activision Blizzard reported their Q4, 2018 earnings report today which missed analyst estimates; revenues came in at $2.84B while analysts expected $3.04B. The company also laid off ~8% of its total employees (775 employees) in non-development positions, mostly in publishing and eSports. On a more positive note, the company has committed to increasing its development budget with the total number [...]
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The ongoing drama surrounding the premature split between publishing giant Activision Blizzard and Destiny 2 developer Bungie continues as Activision faces yet another lawsuit over the recent split. Rosen Law announced last week that they were filing a class action suit against Activision in behalf of investors looking to recover damages from the early termination of Activision and Bungie’s partnership. [...]
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Bungie was founded in 1991, but came to global fame after it was purchased by Microsoft in 2000 and the release of Halo: Combat Evolved in 2001. As the years went by, the relationship with Microsoft grew dull. In 2007, Bungie split from Microsoft and became an independent studio once more. The terms of that divorce meant Microsoft got to [...]
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