Latest financial report shows Acitivision Blizzard valued at $1.28bn

Latest financial report shows Acitivision Blizzard valued at $1.28bn

Activision Blizzard seems to be doing business better than ever in its third-quarter report which exceeded expectations and took net worth of the company to $1,28 billion.

Despite Blizzard’s ongoing uproar over his well-documented political stance by banning Hearthstone competitor Ng Wai “Blitzchung” Chung, the market for one of the world’s leading video-gaming firms flourishes.

According to official reports, Call of Duty: Black Ops 4 was the main driver of Activision’s results for the third quarter and, for the same time in 2018, outperformed that of the CoD: WWII.

Activision had great success even with the Call of Duty: Mobile Title release in October, which in its first month reached over 100 million downloads and was the top mobile app list in about 150 nations.

The Call of Duty: Modern Warfare, which became the top-seller in the year and easily outsold CoD: Black Ops 4, led to this boom.

A total of $209 million in net revenue was provided by Activision, which pulled together 36 million months of active users.

The significant revenue growth in the company was largely driven by World of Warcraft Classic’s release in August, “which contributed to the highest quarterly spike in franchise subscription plans” and launched Blizzard on a net revenue division of $394 million.

While the figures are significantly lower than in the same fourth quarter of 2018 as Blizzard started the seventh expansion of its MMORPG series, the launching of the WoW Classic, financially and otherwise, was an extraordinary achievement as Blizzard successfully launched a 15-year-old game.

The Blizzard-run Overwatch League has created a great deal of income, as WoW’s performance took the spotlight.

The total minute audience (AMA) for the OWL streams has risen 18 million over the previous year, while the tickets Blizzard sold for the OWL Grand Finals Game between the Titans in San Francisco Shock and Vancouver.

Ultimately, the third quarter sales of Activision Blizzard surpassed its projected $180 million and the company expects an even more profitable last year.

In 2020, Blizzard’s new installations of popular franchises such as Starcraft, Diablo, Hearthstone and World of Warcraft have been revealing as exciting.

Although the precise release dates have yet to be reported, the BlizzCon plans were widely acknowledged earlier this month.

Yet Blizzard raced to give World of Warcraft players an opportunity to prepare their new shock, Shadowlands, beginning with a US $39.99 Standard Version and up to $79.99 for the’ Epic Edition’ update. Starcraft 2 and Diablo 4 are not yet ready for stores.