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.
Blizzard Entertainment announces the release of Diablo II: Resurrected, a remastered version of the iconic 2000 game, which includes the Lord of Destruction expansion. This updated edition features enhanced 3D visuals, Dolby 7.1 surround sound, and cross-progression across multiple platforms, including PC and consoles. Players can switch between modern and original graphics seamlessly. The remaster retains the original gameplay mechanics while introducing quality-of-life improvements. Diablo II: Resurrected aims to attract both veteran fans and new players with its acclaimed dark narrative and engaging gameplay.
Hearthstone is entering the Year of the Gryphon, introducing significant updates including hundreds of new cards and new gameplay modes. The first expansion, Forged in the Barrens, launches with 135 new cards and 10 Legendary Mercenaries. A new Core Set will replace existing Basic and Classic sets, featuring 235 curated cards to refresh the gameplay. Additionally, the new Hearthstone Mercenaries mode will offer single-player and competitive play, allowing players to build and upgrade teams. Pre-purchase options for the expansion are available starting at USD $49.99.
Blizzard Entertainment announced the upcoming launch of World of Warcraft: Burning Crusade Classic, allowing players to return to Outland later this year. This expansion introduces new features including two playable races, flying mounts, and challenging dungeons and raids. Players can progress their existing WoW Classic characters into this new era or choose to continue in Classic on new servers. An optional character boost will be available, ensuring players can join their friends easily. Access to Burning Crusade Classic will be included in existing subscriptions, with a beta test planned for feedback.
Blizzard Entertainment celebrates its 30th anniversary with the release of the Blizzard® Arcade Collection, featuring revitalized versions of classic games The Lost Vikings, Rock N Roll Racing, and Blackthorne. The collection is now available on multiple platforms including Windows PC, Nintendo Switch, PlayStation 4, and Xbox One. Players can enjoy both Original and Definitive Editions, equipped with modern features like custom key mapping and the ability to rewind gameplay. The collection enriches nostalgia for longtime fans while introducing global language support.
Crash Bandicoot™ 4: It’s About Time celebrates its 25th anniversary with a launch on March 12, 2021, for PlayStation® 5, Xbox Series X|S, and Nintendo Switch™, with a PC release via Battle.net later this year. This sequel brings massive gameplay and enhanced visuals, running in 4K at 60 FPS. Owners of the previous versions on PlayStation® 4 or Xbox One can upgrade for free within the same console family. The game is priced at $59.99 for next-gen platforms and $39.99 for Nintendo Switch and PC pre-orders. Exciting events are planned throughout the year for fans.
Activision Blizzard reported a strong fourth-quarter 2020, with GAAP net revenues of $2.41 billion and earnings per share (EPS) of $0.65. For the full year, 2020 net revenues reached $8.09 billion, up from $6.49 billion in 2019. Digital revenues accounted for $6.66 billion. The company reported a solid operating cash flow of $2.25 billion in 2020. Looking ahead, 2021 guidance projects net revenues of $8.23 billion and EPS of $2.83. A cash dividend of $0.47 per share was declared, reflecting a 15% increase from 2020.
Blizzard Entertainment announces BlizzConline, a digital celebration for the 30th anniversary of its gaming legacy, scheduled for February 19-20, 2021. This online event allows players to connect globally, offering multi-channel programming including game news, community showcases, and Q&A sessions. Attendees can access content in 12 languages, and commemorative in-game items are available for purchase. Blizzard aims to strengthen community bonds despite physical distancing, promising updates on upcoming game content and interactive experiences.
Activision Blizzard, Inc. (Nasdaq: ATVI) is set to announce its fourth quarter 2020 results on February 4, 2021, after market close. A conference call will follow at 1:30 p.m. PT (4:30 p.m. ET), available via phone and online. Participants are encouraged to pre-register for the call to streamline access. Activision Blizzard is a major player in interactive entertainment, offering popular franchises like Call of Duty and World of Warcraft. Further details will be accessible on their investor website.
Activision's Call of Duty franchise has surpassed $3 billion in net bookings over the past year, with record engagement metrics. The franchise saw a year-to-date increase of 80% in net bookings and 40% in units sold through, totaling over 200 million players in 2020. The recent launch of Call of Duty: Black Ops Cold War promises continued momentum, supported by upcoming free content and community events. This positions the franchise for sustained growth, integrating with popular titles like Warzone.
Blizzard Entertainment launches World of Warcraft: Shadowlands, the eighth expansion of its popular MMORPG, providing players with a new journey in the afterlife. Players can align with one of four Covenants for unique gameplay and powers while facing the Jailer and exploring the Shadowlands' realms. This expansion includes an updated introductory adventure for newcomers and options for instant character boosts. Available editions range from $39.99 to $79.99, offering varied content including mounts and cosmetic effects. Shadowlands aims to enhance player engagement and expand the game's universe.
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