Welcome to our dedicated page for Activision Blizzard news (Ticker: ATVI), a resource for investors and traders seeking the latest updates and insights on Activision Blizzard stock.
Activision Blizzard, Inc. (NASDAQ: ATVI) stands as the world's most successful standalone interactive entertainment company. Our extensive portfolio includes some of the most renowned franchises in the entertainment world, brought to life by our talented teams at Activision Publishing, Blizzard Entertainment, King Digital Entertainment, Activision Blizzard Studios, Major League Gaming, and our independent studios such as Toys for Bob, Infinity Ward, Sledgehammer Games, and Treyarch.
Core Business: Activision Blizzard is at the forefront of interactive gaming and entertainment. Our mainstay titles include legendary franchises like Call of Duty®, World of Warcraft®, Overwatch®, and Candy Crush Saga®, appealing to a diverse global audience. We operate across different platforms, including console, PC, and mobile, ensuring our games reach millions of users worldwide.
Recent Achievements: Recently, Candy Crush Saga® launched an innovative summer workout video in collaboration with Bob's Dance Shop, promoting thumb exercises in a playful manner. Additionally, we teamed up with renowned fashion designer Christian Cowan to create the Sweet Seat, a unique wearable seat for commuters inspired by the Candy Crush universe. Our latest Call of Duty® installment, Modern Warfare III, saw a unique influencer-driven campaign, featuring a diverse cast of creators and celebrities, further enhancing our engagement with the gaming community.
Financial Condition: With strong financial performance, Activision Blizzard continues to lead the industry. Our latest earnings report reflects robust growth, driven by the success of our key franchises and innovative marketing strategies.
Partnerships: Activision Blizzard frequently collaborates with top brands and creators to bring fresh and engaging content to our audience. Our recent partnerships with Bob's Dance Shop and Christian Cowan highlight our commitment to blending gaming with other entertainment forms, ensuring our offerings remain vibrant and relevant.
Central Corporate Operations: Our central corporate operations, which include finance, IT, sales and supply chain, human resources, and legal services, provide the backbone that supports our diverse and dynamic gaming ecosystem.
With a mission to connect and entertain the world through epic entertainment experiences, Activision Blizzard continues to innovate and lead in the interactive entertainment industry, bringing joy to millions of gamers worldwide.
The new expansion, Fractured in Alterac Valley, for Blizzard's Hearthstone is now live, featuring 135 new cards. Players can choose their faction, either the Horde or Alliance, to earn a free Golden Legendary card and participate in various modes until January 11. The expansion emphasizes strategic gameplay with the introduction of the new Honorable Kill keyword and brings back Mercenary heroes as Hero Cards. CEO Mike Ybarra highlights this expansion as a tribute to the legendary battleground of World of Warcraft.
The Activision Blizzard Board of Directors affirmed its commitment to fostering a welcoming and inclusive environment in response to recent media coverage. Under Bobby Kotick's leadership, the company is adopting industry-leading changes, including a zero-tolerance harassment policy and increasing diversity within its workforce. The Board expresses confidence in Kotick's ability to address workplace issues and achieve ambitious goals for diversity and inclusion.
Activision Blizzard continues to emphasize its mission to connect and engage through video games, noting its successful franchises and commitment to social responsibility.
Activision Blizzard, Inc. (NASDAQ: ATVI) responds to a Wall Street Journal report, asserting it misrepresents the company and CEO's actions regarding sexual misconduct. Activision emphasizes its commitment to creating an inclusive workplace, citing significant improvements such as a zero-tolerance policy and ongoing diversity efforts. The company lauds its track record of delivering superior shareholder returns and highlights the impact of its popular franchises, including Call of Duty and World of Warcraft, in promoting social connections and corporate responsibility.
Call of Duty: Vanguard launches today, featuring a gripping single-player campaign, 20 multiplayer maps, and a new Zombies experience. Players can expect deep integration with Warzone, including a new map, Caldera, available December 2. The game introduces a Combat Pacing system and a multi-arena survival mode, Champion Hill. Additionally, the RICOCHET Anti-Cheat initiative aims to combat cheating. With cross-play support and synchronized progression across Vanguard and existing titles, Activision’s strategy promises a rich gaming experience for players.
BuzzFeed has appointed Amita Tomkoria as the new Senior Vice President for Investor Relations. Tomkoria, formerly of
Activision Blizzard (ATVI) reported strong Q3 2021 results, with GAAP net revenues reaching $2.07 billion, up from $1.95 billion in Q3 2020. GAAP EPS rose to $0.82 from $0.78 YoY. Digital channels contributed $1.85 billion to revenues. The company also noted an operating margin of 40% and operating cash flow of $521 million. Looking ahead, ATVI expects Q4 net revenues of $2.02 billion and EPS of $0.54. The launch of new titles, including Call of Duty: Vanguard and Diablo II: Resurrected, is anticipated to drive continued growth.
Activision has acquired Barcelona-based mobile game developer Digital Legends, enhancing its mobile development capabilities. The studio will assist in creating a new unannounced mobile title within the Call of Duty™ universe. The acquisition reflects Activision's strategy to bolster its development teams globally, complementing existing studios in locations such as Austin, Melbourne, and Toronto. Digital Legends is known for its expertise in mobile game development, including the award-winning The Respawnables™ series.
Activision Blizzard, Inc. CEO Bobby Kotick outlined the company's commitment to fostering a more inclusive and respectful workplace in a letter to employees dated October 28, 2021. The company is launching a zero-tolerance harassment policy and aims to increase the representation of women and non-binary employees by 50% with a $250 million investment over the next decade. Kotick acknowledged past shortcomings in handling workplace culture and emphasized ongoing improvements, such as waiving arbitration for sexual harassment claims and enhancing pay equity visibility.
Liftoff + Vungle has appointed Tarek Kutrieh as Chief Financial Officer and Steve Wereb as Chief Accounting Officer, bolstering its management team following a definitive merger agreement. Kutrieh brings 20 years of experience from Activision Blizzard, focusing on corporate transformations and growth. Wereb, with over 30 years of finance experience, previously served as Senior Vice President at Activision Blizzard. Both will play crucial roles in integrating the two companies and driving future strategies for growth, as stated by CEO Mark Ellis.
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