In addition to these two juggernaut franchises driving Q1 2020 revenues, Activision Blizzard also reported growth across its King mobile games business and strong performance in World of Warcraft subscriptions and Hearthstone digital card game content purchases. The company earned total revenues of $2.28 billion – a 27% increase year-over-year – driven primarily by its Battle Games portfolio, including Call of Duty and Candy Crush. reported its first quarter financial performance for 2020, and the results have been encouraging. Overview of Activision Blizzard’s Q1 2020 financial performanceĪctivision Blizzard, Inc. In this article, we will look at the financial performance of Activision Blizzard in greater detail. This remarkable financial performance is attributed to the success of Call of Duty and other popular titles in their portfolio. Activision Blizzard’s Call of Duty drives 27% Q1 2020 revenue growth to $2.28 billionĪctivision Blizzard’s Call of Duty has led to a 27% quarterly revenue growth, with $2.28 billion reported in Q1 2020. Professional gamers now compete for huge sums of money with an ever-growing audience tuning into their matches online via streaming services like Twitch. The success of the Call of Duty series has helped drive competitive gaming scenes with international events taking place annually at major tournaments like COD World Championship Series (WCS). The games also feature various historical settings such as World War II, Cold War era Europe, Vietnam War era United States military action, and modern wars in the Middle East and Africa. Players have access to a wide array of weapons such as assault rifles, shotguns, sniper rifles, SMGs, and equipment like grenades, body armour, and claymores. The core gameplay consists of a single or teams battle against enemies controlled by artificial intelligence or other players in multiplayer mode. ![]() It has sold millions of copies over the years and spawned several sequels, which have also been highly successful. The first game in the series was a console game, but it has since expanded to include PC and mobile versions. Developed by Infinity Ward and then later Sledgehammer Games and Raven Software, the Call of Duty series games continue to be some of the most popular in the gaming industry. Overview of Call of DutyĬall of Duty is an iconic first-person shooter video game series that has been around since 2003. The video game giant continues to innovate with technologies such as “SmartGlass” for Xbox 360 systems – providing gamers with helpful information related to their gameplay that appears on a mobile device while playing on console and incorporating projects like Kinect Adventures into their Xbox One platform. Additionally, Activision Blizzard works closely with world renowned game developers such as Bungie to publish some of their biggest titles. The company boasts over 10 talented development studios worldwide, including Treyarch in Germany, Infinity Ward in the UK, High Moon Studios in Australia and Beenox Studios in Montreal. Based in Santa Monica, California, Activision Blizzard has a presence in 50 countries worldwide and its games entertain over 500 million people across all platforms.Īs an international video game publisher, Activision Blizzard offers digital and retail titles across console, PC and mobile gaming platforms through its Major League Gaming (MLG) esports business. Overview of Activision BlizzardĪctivision Blizzard is a leading publisher of interactive content, including the Call of Duty®, Skylanders®, Guitar Hero®, World of Warcraft®, Overwatch®, Halo®, Diablo®, and King franchises. This article will discuss this phenomenon and the factors driving this growth. ![]() ![]() This growth has been largely attributed to the success of their flagship video game, Call of Duty. According to their financial statements, their revenue for Q1 was an impressive $2.28 billion, representing a 27% growth from Q1 2019. Activision Blizzard, Inc., the world’s largest video game publishing company, recently reported their Q1 2020 earnings.
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