Our latest coverage of activision blizzard.
Last week, Blizzard North and Flagship Studios co-founder and "creator of Diablo" David Brevik teased fans with the following tweets, indicating that he was both at Blizzard headquarters and working on a Diablo-like title. Where is Dave today? pic.twitter.com/wlm2EQUS4p — David Brevik (@davidbrevik) October 6, 2016 For 20 years, Diablo-like games have evolved & surprised us. I'm proud to be the [...]
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Today was a good day for Activision Blizzard shareholders (ticker ATVI) as the company reported $1.46 billion in revenue for the quarter ended March 31, 2016 (vs $1.28 billion in the same quarter last year). These numbers handedly beat expectations and the company's stock soared over 6%, making the company worth a bit over $27 billion. Aside from posting stellar revenue [...]
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Activision Blizzard seems to be on a buying spree of late as it acquires yet another development studio only a month after snapping up e-sports company – Major League Gaming last January. Activision Blizzard completed the acquisition of Candy Crush developer King Digital Entertainment yesterday, effectively making the now-independent gaming company the largest in the world. The gaming giant acquired King [...]
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Activision Blizzard has released their final quarterly results of 2015 and the numbers have led the company's stock to take a -16% dive. Quarterly revenues were down compared to 2014, $1.35 billion in 2015 compared to $1.58 in the previous year, at earnings of $0.81 per share (and missing the estimated $0.83). But the company did show off quite a [...]
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According to GamesIndustry.biz, Vivendi has sold off its remaining Activision Blizzard shares. The last 41.5 million shares the company owned—accounting for 5.7% of all Activision Blizzard shares—were reportedly sold for a staggering $1.1 billion. According to a representative from Vivendi, "the decision [...] was taken in view of the evolution of the Activision stock price." Last year, shares went for [...]
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In perhaps the first major gaming story of the year, unofficial sources claim Activision Blizzard has purchased the eSports company Major League Gaming, also known as MLG. The sale reportedly took place during a special meeting of the MLG Board of Directors on December 21, 2015 when the board approved an Asset Purchase Agreement by Activision Blizzard for $46 million. Sources [...]
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Video game conglomerate Activision Blizzard has agreed to purchase King Digital Entertainment, creators of Candy Crush, for $5.9 billion—at $18 a share. The move suggests that Activision Blizzard is interested in expanding their mobile game library with hit titles beyond trading card game Hearthstone: Heroes of Warcraft. And the acquisition boosts Activison Blizzard's position to the No. 3 top grossing mobile development [...]
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Activision Blizzard announced earlier today that they will be forming an eSports division that is intended to "build on the Company’s competitive gaming leadership by creating all-new ways to deliver the best-in-class fan experience across games, platforms and geographies, furthering the development of its world-leading esports ecosystem." It's quite the goal, albeit a bit vague. Details as a whole are [...]
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