Activision Blizzard is behind some of gaming’s biggest titles. From the MMORPG stalwart World of Warcraft to the dominating first-person shooter franchise Call of Duty, the success of the mega-publisher is clear to see. That looks set to continue well into the future, as the latest fiscal results and earnings call for the company showed. Powered by the combined successes of Call of Duty: Modern Warfare, Call of Duty: Warzone, and Call of Duty: Mobile, the Activision segment of the company alone brought in $519M in net revenue for the first quarter, with Blizzard and King generating another $452M and $498M in net revenue respectively. Building off that, president and chief operating officer Daniel Alegre has confirmed the next premium Call of Duty game will be coming this fall.
Activision Blizzard continues to thrive
No title or platform was specified for the new Call of Duty, but those details can often be surmised. The first-person shooter giant has seen huge numbers each year, and this news will be sweet music to many investors’ ears. Even though the world is hurting from the pandemic, working offsite has evidently not affected the development of the game much. Aside from moving key equipment to developers’ homes, everything has been working smoothly at Activision Blizzard.
“With true ingenuity and input from the team, we are managing through this,” Alegre said.
The upcoming second quarter will see two seasonal updates coming to both Modern Warfare and Warzone instead of just one. The launch of Warzone has “created a strong foundation for future financial performance,” said chief financial officer Dennis Durkin. With gamers having to stay home and the good work put into the development of the games, it all contributes to the success of Activision Blizzard.
More to come
Outside of Call of Duty, Activision Blizzard is also looking at more titles in the pipeline. The earnings call revealed that “two titles based on library IP from Activision” will be coming as well. This could easily mean more Spyro games or even Crash Bandicoot. For those longing to shred and grind, a Tony Hawk’s Pro Skater game could also be a possibility (and may even be likely). Needless to say, Activision Blizzard is making sure to take advantage of the current situation. The results speak for themselves.