Activision Blizzard's down year continues into its 2nd quarter
Call of Duty: WWIIThere was some good news. Net bookings from advertising doubled year-over-year, and the company is continuing to push more ads into the Candy Crush series. TheLeague Stage 2 Finals was apparently the biggest esports event broadcast on ESPN and ABC. And its Call of Duty World League for 2019 counts eight teams paying a reported $25 million for entry. But these newer initiatives aren’t yet major factors for the company’s bottom line.
Activision Blizzard continues to suffer from a lack of titles during this “transition” year. Blizzard will be launchingon October 25 will be its one big blockbuster title. During its call with investors, executives did confirm that each of its businesses is developing new IP and that there will be more remasters in the future—sold 10 million copies—but for now, it’ll be leaning into its current crop of titles.
Like other major game publishers, Activision Blizzard’s stock dipped following President Donald Trump’s briefing on the mass shootings over the weekend, which he blamed on violent video games. Call of Duty was referenced in the shooter’s manifesto, along with views on white supremacy and anti-immigration. Its stock price slowly recovered this week, but it remains down 30% in the trailing twelve months.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Activision Blizzard Q2 Beats Outlook, But Not Last Year’s Second QuarterDown may not be the new up after all: Activision Blizzard celebrated its Q2 2019 earnings as a success story Thursday, with CEO Bobby Kotick saying: “Our second quarter results exceeded our prior o…
Baca lebih lajut »
Activision third-quarter forecast disappoints; shares fallVideogame maker Activision Blizzard Inc's current-quarter forecast for prof...
Baca lebih lajut »
What Industry Slump? AMC Announces Strong Q2 Earnings And AttendanceIn a quarter when revenue in the movie industry was down 3.7% year-over-year and down 2.5% in attendance, AMC Theatres today reported 2nd quarter revenues which were up 4.4%
Baca lebih lajut »
U.S. labor market strong; second-quarter GDP growth expected to be revised downThe number of Americans filing applications for unemployment benefits unexpected...
Baca lebih lajut »
Uber shares continue slide in pre-market trading as CEO says profits will come 'eventually'Uber shares were down as much as 8% in pre-market trading on Friday after the company missed expectations in its second quarter results.
Baca lebih lajut »