Tag: Activision Blizzard

Ted Price interview — Insomniac’s 25 years of excellence, Spider-Man, and leadership

Ted Price is basking in the glow of the success of Marvel’s Spider-Man, which has sold more than 9 million copies since it debuted last fall. But the CEO of Insomniac Games had very humble beginnings in the video game industry. He started Insomniac Games (first known as Extreme Software) in 1994. With Al Hastings […]

Read More

Newzoo: 2.4 billion people will game in 2019, thanks to mobile

Market researcher Newzoo expects more than 2.4 billion people to play games in 2019, according to a new report. It also expects the game industry to generate $148 billion in revenue in 2019. Activision Blizzard teamed up with Newzoo to create the report, Betting on Billions: Unlocking the Power of Gaming. Most of the users […]

Read More

Cloud gaming will determine the new lord of digital distribution

Nearly 15 years ago, most video games were sold in brick-and-mortar stores. Valve was about to launch Steam, and people could anticipate that digital sales were the future of the gaming industry. “But it will take time,” most industry professionals said. No one could predict exactly how quickly the transformation from physical to digital gaming […]

Read More

Bobby Kotick and Andrew Wilson make the list of most overpaid U.S. CEOs

No CEO wants to be on this list. But the chief executives of game publishers Activision Blizzard and Electronic Arts are among the most overpaid CEOs in the U.S., according to a report by non-profit foundation As You Sow. Aimed at promoting corporate social responsibility, As You Sow analyzes how much CEOs are paid and […]

Read More

Is Fortnite killing game company stocks?

Since October, major game company stocks have been down significantly. Of course, much of this was due to an overall market decline. However, as market indexes have bounced back, game companies are still down. One of the big culprits, at least some people believe, is Epic Games’ multiplayer hit, Fortnite. DFC Intelligence does regular calls […]

Read More

Game Workers Unite org calls for Activision CEO’s job after layoffs

One of the most visible workers-rights groups for the video game industry is starting a social-media campaign to force Activision Blizzard to fire chief executive officer Bobby Kotick. Game Workers Unite began the #FireBobbyKotick campaign on Twitter today following a massive round of layoffs at the Call of Duty publisher. Activision reported record revenues for […]

Read More

Blizzard is working on several Warcraft and Diablo games despite layoffs

Activision Blizzard revealed today it is cutting jobs as part of its plan to deal with a disappointing outlook for fiscal 2019. One of the major reasons Activision expects sales to decline 13 percent year-over-year is Blizzard Entertainment. The World of Warcraft studio is traditionally a bright spot for Activision, but it expects the studio […]

Read More

King shuts down former Z2Live mobile game studio in Seattle, cuts 78 jobs

Activision Blizzard said it is laying off hundreds of employees today, and part of the fallout is that King’s mobile game studio in Seattle will be shut, resulting in the loss of 78 jobs, according to an unnamed source. Activision Blizzard did not comment on specific layoffs, other than noting that it would lay off […]

Read More

Call of Duty: Black Ops 4 sales strong, but Activision expected more

Activision Blizzard said that Call of Duty: Black Ops 4 had a strong quarter, outdoing sales of the previous Call of Duty: Black Ops III title from 2015. But the company acknowledged in an analyst call for its fourth-quarter that Black Ops 4 fell short of the company’s own expectations, particularly in the second half […]

Read More

Activision Blizzard cuts jobs amid ‘best’ financial results

Activision is planning to cut “non-development jobs” because it isn’t releasing enough games. This news comes via a Kotaku report that claims new Blizzard boss J. Allen Brack sent a letter to employees detailing the layoffs. GamesBeat has separately confirmed that Activision Blizzard chief executive Bobby Kotick sent a message to employees that said layoffs […]

Read More

Activision Blizzard is reportedly planning hundreds of layoffs

The video game industry isn’t done with its bad news, it seems. Bloomberg reported that Activision Blizzard plans to lay off hundreds of people in a restructuring aimed at centralizing functions and boosting profits. The Santa Monica, California-based company is one of the largest companies in the global game business, but it has hit a […]

Read More

The DeanBeat: Wall Street hates game companies again. How dumb!

Electronic Arts saw its stock price fall off a cliff this week as it acknowledged in an earnings call that Battlefield V didn’t sell as well as expected in the holiday quarter. One of the reasons was that it didn’t compete as well with other games, like Red Dead Redemption 2, which sold-in to retailers […]

Read More

Bungie-Activision divorce analysis: Royalties, underperformance, and Destiny 3

Bungie and Activision shocked the gaming world Thursday when the companies announced that they were no longer working together on the Destiny franchise. Activision would no longer publisher the series, including the ongoing Destiny 2. Bungie is now going it alone, and analysts are chiming in with how this could impact both companies. It’ll have […]

Read More

Blizzard and NetEase extend Chinese publishing deal for Hearthstone, Overwatch, and more

Blizzard and NetEase have made a deal to continue their Chinese publishing partnership through 2023, according to GameDaily.biz. NetEase, itself headquartered in China, publishes Blizzard’s games in that county. This includes hits like Hearthstone, Overwatch, World of Warcraft, StarCraft II, and Diablo III. The partnership began in 2008. The Chinese game industry is worth about […]

Read More

Destiny and Bungie are breaking up with Activision

Bungie is ending its partnership with publisher Activision, according to a report from Kotaku and confirmed by the publisher and the studio. The former Halo developer will now fully control the Destiny franchise, including the ongoing Destiny 2. Activision had published both games. Activision and Bungie have sent a shared statement to GamesBeat: “Today, we’re announcing […]

Read More

Activision Blizzard makes three new major leadership appointments

Activision Blizzard has made appointments for three leadership positions, with all of them coming from within the company. Activision Blizzard is one of the biggest gaming companies in the world. It publishes giant hits like Call of Duty and owns Overwatch and World of Warcraft developer Blizzard. It also owns Candy Crush Saga studio King. […]

Read More

Activision Blizzard plans to fire its chief financial officer

Activision Blizzard fell nearly 1 percent in after-hours trading today as the company filed a regulatory announcement saying that it plans to fire Spencer Neumann, the company’s chief financial officer. Activision Blizzard, the parent company whose divisions make the popular Overwatch and Call of Duty video games, did not specify the reason for the expected […]

Read More

Drilling deep on how to monetize esports

Monetizing esports is still a work in progress. The idea of watching people get paid to play games seemed far-fetched not long ago. But market researcher Newzoo estimates that 165 million esports enthusiasts are now watching esports, with that number expected to reach 250 million by 2021. Occasional viewers will drive those numbers to 557 […]

Read More

How Europe’s Rewired GG fund will invest $57 million in esports

A couple of weeks ago, European esports organization Team Vitality has raised €20 million, or $22.7 million, in an investment from entrepreneur Tej Kohli. That was part of a larger commitment by Kohli, through his Rewired GG fund, to invest €50 million, or $57 million, in esports startups. Team Vitality said it believes the investment was the […]

Read More

Call of Duty World League levels up its esports competition with 5v5 combat

The Call of Duty World League (CWL) kicked off its esports season this weekend in Las Vegas. And this year, the competitors will play Call of Duty: Black Ops 4 multiplayer in five players against five players 5v5 combat, with all of it broadcast on MLG. The event is expected to draw 12,000 to 15,000 […]

Read More