It is safe to say that 2016 was a fantastic year for Activision. Thanks to their big name titles like Call of Duty and Overwatch the publisher had an extremely profitable year. According to Activision’s full-year earnings report the publisher racked in an annual revenue of $6.61 billion for the full year; making this a new record in the company’s … Read more
The gaming industry is becoming more and more powerful with each passing day, having a total revenue of $99.6 billion registered in 2016 with a total of 2.1 billion active players. As this entertainment sector grows, the companies that produce the games cash in considerable incomes too so we thought it would be a good … Read more
Overwatch has been out for merely over a week now and the game’s doing really well. Activision Blizzard has pulled off a stunner and the community playing the game grows with every passing day. The game has also managed to win over the critics and the gaming community has been extremely vocal about how good … Read more
Activision Blizzard boosts its eSports division with a notable new acquisition. North American professional eSports company, Major League Gaming (MLG) is going to shutdown very soon. Activision Blizzard (ATVI) has bought all major assets of MLG for $46 million. This was reported by eSports Observer, which claims to have access to the documents regarding the … Read more
In an interesting turn of events, Activision Blizzard has arranged to buy back around 429 million shares and some tax attributes for $5.83 billion to effectively split with its parent company, Vivendi. In addition, ASAC II LP, whose members include Chinese games publisher Tencent as well as financial firms, will be securing a further 172 million shares for … Read more