![]() ![]() ![]() This saw the company's stock valuation coming down, and was bookended by the recent layoff of some 8% total of the company's workforce (around 800 out of its 9,600 employees). ![]() The recent split from Destiny developer Bungie took out a bite from one of the company's additional streams of revenue amidst dwindling World of Warcraft subscriptions (after the usual spike post launch for Battle of Azeroth) and the lack of any new sources of income in the close future. ![]() The recent launch of Diablo Immortal on mobile and PC is likely to aid the franchise in expanding Diablo’s reach before the launch of Diablo IV, anticipated to release in 2023.The times have been rough for the Activision Blizzard juggernaut, as changing market conditions and lack of differentiated IP launches have led the company into a sort of stagnant position in the market - in both launches and revenue sources. Throughout the year, Activision expects to deliver ongoing content for its various franchises, including continued in-game content for Call of Duty: Vanguard, new content for key Blizzard franchises and continued releases of content, features and services across King’s portfolio, with focus on the Candy Crush franchise in the remaining of 2022.Īctivision Blizzard plans to launch World of Warcraft: Dragonflight, the upcoming World of Warcraft (WoW) expansion, in the second half of 2022, which will likely boost the top line. The company has plans to release its next premium title in its Call of Duty franchise in the second half of 2022. The trend is likely to have continued in the near term.Īctivision Blizzard has an exciting slate of releases that are expected to boost the top line in the near term. Despite the year-over-year decline in revenues in the last reported quarter, due to the resumption of normal work-life post COVID, the company’s King in-game net bookings witnessed an increase of $40 million, driven by the Candy Crush franchise. ![]()
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