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For the third fiscal quarter ending 12/31/22, Activision Blizzard (NASDAQ: ATVI) saw bookings soar to $3.56 billion, up 45% from the previous year’s quarter. Net revenue was $2.3 billion with $1.2 billion in deferred revenue. Call of Duty: Modern Warfare II saw the highest opening quarter sell-through in franchise history. Blizzard reported its highest quarterly net bookings.
The results for Activision Blizzard were quite strong. Call of Duty: Modern …..
Activision Blizzard (NASDAQ: ATVI) was one of the strongest performers in the DFC Intelligence Video Game Stock Index for 2022. From January 2022 to January 2023, ATVI stock price increased 15% versus an average 30% decline in the index.
Of course, the reason for the increase was that Microsoft announced plans to buy Activision Blizz…..
Blizzard Entertainment, a division of Activision Blizzard, announced that due to the expiration of its licensing agreement with NetEase it will suspend China services of most Blizzard games on January 23, 2023. The licensing agreement has been in place since 2008 but the two companies could not come to an agreement. In its …..