Games industry analyst Michael Pachter has praised Activison Blizzard’s purchase of King as a solid strategy for breaking into the mobile market. The major acquisition was revealed earlier today, and will finalise in Spring of next year. The deal is a good one if you believe that King has a …
Read More »Activision Blizzard increases financial expectations following strong Q3
It continues to be a red letter day for publisher Activision Blizzard. Alongside the announcement of its purchase of Candy Crush firm King, the firm has announced that it made $990m in GAAP net revenue for the quarter ending September 30th 2015. This is up 24 per cent on the …
Read More »Activision Blizzard to buy King for $5.9bn
Acqusition expected to be completed by spring 2016
Read More »Destiny and Hearthstone make $850m as Skylanders becomes a $3bn franchise
Activision Blizzard has posted full year net revenue of $4.4bn thanks to the success of four key franchises. The publisher says that multiplayer shooter Destiny and card game Hearthstone between them raked in $850m over the last financial year. Bungie’s shooter now has over 16m registered players while the World …
Read More »FIFA 15 is UK’s biggest video game of 2014, but it can’t match Frozen
The Entertainment Retailer’s Association has once again revealed the 20 best selling video games, movies and albums of 2014 in the UK. And not a single parent will be surprised to discover that Disney’s Frozen tops the list. That movie sold a staggering 4.012m copies last year, which is 1.34m …
Read More »Geometry Wars 3: Dimensions lands in November
Activision has announced Geometry Wars 3: Dimensions will launch next month on PC, PlayStation and Xbox platforms. The publisher revealed the details in a post on the Activision Blog. The game will be the first release under the recently reestablished Sierra brand, and also represents the resurrection of the acclaimed …
Read More »Call of Duty: Advanced Warfare to make MLG debut in November
Major League Gaming will host its first official Call of Duty tournament this November, the eSports organization has announced. MLG will host and stream the world premiere Call of Duty eSports tournament and broadcast for Call of Duty: Advanced Warfare between November 28th-30th. The event is scheduled to air exclusively …
Read More »King tops in TV ads over Sony, Microsoft – report
Candy Crush Saga creator King runs more television advertisements than any other video game company out there, according to advertising metrics company iSpot.tv. Games Beat reports on the ad firm’s findings, which state King commercials have aired on US national television more than 34,000 times this year. Microsoft ran just …
Read More »Tencent game revenue tops EA, Sony – report
Mobile and free-to-play giant Tencent has been beating out AAA companies such as EA and Activision Blizzard in terms of game revenue, according to a new report. A recently published piece from Newzoo has the China-based corporation topping the 10 highest-grossing public game companies. EA and Activision Blizzard finished second …
Read More »Destiny sales drop 78 per cent in second week, but holds No.1
Activision Blizzard scores its second consecutive No.1 for Destiny this week, despite the game’s sales dropping by 78 per cent. It’s a big drop, but it’s generally in keeping with what happens the week after a big game launch. PS4 remains the dominant platform for Destiny, and over 72 per …
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