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Shares Of Activision Blizzard Lower Following eSports Acquisition
Tuesday, January 5, 2016 - 11:57am | 153Read More...Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) were trading lower by more than 1 percent Tuesday morning at $37.22. The company announced that it has acquired the business of Major League Gaming (MLG). MLG is a leader in creating and streaming premium live gaming events, organizing professional...
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Activision CEO Bobby Kotick, Others Reflect On The Life Of Nintendo President Satoru Iwata
Monday, July 13, 2015 - 3:48pm | 733Read More...Nintendo Co., Ltd (ADR) (OTC: NTDOY) President Satoru Iwata passed away last weekend from bile duct cancer. Numerous individuals, including Nintendo of America President and COO Reggie Fils-Aime, have taken a moment to reflect on the life of one of the video game industry's most prominent...
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Activision Blizzard Up 8% On Raised Guidance
Tuesday, August 5, 2014 - 5:08pm | 213Read More...Activision Blizzard (NASDAQ: ATVI) reported Q2 EPS of $0.06 vs. the estimated $0.02, though this is down 25 percent from the same quarter last year. Revenue came in at $658 million vs. the estimated $607.57 million. Sales were up eight percent year over year. Activision Blizzard is up more than...
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Activision's $58 Million TV Promo Budget Could Double In 2014
Monday, July 7, 2014 - 12:25pm | 502Read More...Activision (NASDAQ: ATVI) plans to spend $500 million on its newest franchise, Destiny. This budget includes any and all aspects of the game, from development and distribution to packaging and global promotions. When Activision announced its budget, no one knew how much of it would be spent on...
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Will Destiny Be The Biggest Game Launch In History?
Tuesday, June 17, 2014 - 4:54pm | 538Read More...Activision (NASDAQ: ATVI) could set a new industry record by teaming up with Bungie, the creator of the Halo franchise. Bungie is one of the most respected developers within the video game industry. The company was once owned by Microsoft, which used the Halo franchise to launch and promote the...
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Activision Jumps After Q4 Results
Thursday, February 6, 2014 - 6:04pm | 220Read More...Activision (NASDAQ: ATVI) is up more than seven percent in after hours trading after the company announced its fourth quarter results. The Call of Duty publisher reported a Q4 EPS of $0.79 versus the Street estimate of $0.73. Earnings per share were up one percent from the year-ago period....
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Activision Rises Slightly After Q3 Results, Big Call of Duty Sales (ATVI)
Wednesday, November 6, 2013 - 5:48pm | 382Read More...Activision's (NASDAQ: ATVI) Call of Duty: Ghosts has provided the company with another billion dollars in revenue. This news came just before Activision announced its "better-than-expected" third-quarter results. The firm, which is best known for the Call of Duty and Skylanders franchises -- and...
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Activision Seeks Independence From Vivendi In $8.17 Billion Buyout
Tuesday, October 1, 2013 - 11:17am | 480Read More...Activision Blizzard (NASDAQ: ATVI), the company behind Call of Duty, Skylanders and the ill-fated Guitar Hero franchise, is seeking independence from Vivendi (OTC: VIVHY). The company had hoped to buy back roughly 429 million shares -- worth $5.83 billion -- from Vivendi earlier this year....
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Wii U Launch Sales Disappointed Activision Executives
Friday, February 8, 2013 - 5:08pm | 455Read More...Nintendo's (OTC: NTDOY) latest console is off to a rocky start, selling only 3.19 million units since it was released last November. According to The New York Times, Nintendo expects that it will have sold no more than four million units through March -- nearly 30 percent less than the company's...
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This is How Major Companies Expect 2013 to Unfold
Thursday, November 15, 2012 - 4:26pm | 1431Read More...It might shock some readers, but 2012 is rapidly drawing to a close. With only a few weeks left in the year, it might be time to start looking ahead to 2013. It has been an interesting year for investors, a year which has been fairly kind to the bulls: the S&P 500 has rallied nearly eight...
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Is World of Warcraft Headed to Its Grave?
Friday, February 10, 2012 - 9:40am | 858Read More...Player declines have been reduced, but Activision is facing a harsh reality that its beloved MMORPG is headed to its grave. To most young consumers, Activision (NASDAQ: ATVI) is known for publishing the most successful first-person shooter franchise in the history of gaming: Call of Duty. With...
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Call of Duty's $1 Billion Milestone: Monumental Success or Avatar-Sized Hype?
Monday, December 12, 2011 - 3:17pm | 1217Read More...Activision (NASDAQ: ATVI) was quite happy with itself today, bragging about Call of Duty: Modern Warfare 3 as if it were the fastest-growing entertainment property in the history of entertainment. In terms of dollar signs, Modern Warfare 3 is the biggest. It took Avatar, the over-hyped 3D movie...
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Video Games Are Too Valuable for Black Friday, Cyber Monday Deals
Monday, November 28, 2011 - 9:52am | 191Read More...The “cost per hour” is so low, video games don't need to be discounted at 50%, says Activision CEO Bobby Kotick. During an interview with CNBC this morning, Kotick was asked about Activision's (NASDAQ: ATVI) plans for the iPad. “We're never the first” with new platforms, Kotick replied. “We're...
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Supreme Court Ruling is a "Victory Against an Unwarranted, Selective Attack on Our Industry," says Activision's Bobby Kotick
Tuesday, June 28, 2011 - 8:30am | 267Read More...Activision's (NASDAQ: ATVI) President and CEO, Bobby Kotick, has commented on yesterday's ruling, in which the Supreme Court ruled that California's video game ban to minors is unconstitutional. “We are pleased with the ruling, which is an important affirmation of First Amendment rights and a...
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Activision's Bobby Kotick: "We Don't Spend A Lot Of Time Thinking About A Call of Duty Subscription Model"
Thursday, February 10, 2011 - 1:22pm | 237Read More...Call of Duty for a monthly fee? Not just yet. While rumors persist that Activision Blizzard (NASDAQ: ATVI) is trying desperately (perhaps secretly) to convert the Call of Duty series from a $60 disc to a subscription-based offering, the company's CEO barely acknowledges the idea. “We don't spend a...
