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The U.K. Competition and Markets Authority (CMA) published its latest findings in its ongoing inquiry into the Activision Blizzard merger. These provisional findings are part of the ongoing Phase 2 investigation that started last September and is scheduled to be completed by April 26, 2023.
The 275-page document concludes with two major issues:
The full report is available …..
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. Cal…..
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…..