Friday May 05, 2017

$1B Overwatch Revenue drives Activision-Blizzard to Record Q1 2017 Results

In their quarterly earnings report for Q1 2017 yesterday evening, Activision-Blizzard announced a record quarter with $1.7B in revenues. A large part of this success has been credited towards Overwatch which has generated more than $1B in revenues and attracted over 30 million registered players worldwide in the less than a year it has been on the market. Overwatch is thus now Activision-Blizzard's 8th billion dollar franchise.

I have to admit that I don't quite understand why. I tried the game a few months ago during a free weekend and found it to be too fast, too twitchy, lacking in story, and requiring too much suspense of disbelief to be fun. I guess that goes to show that different people have different tastes. Personally, I've always been the type of player who goes for the games with high levels of realism and believe-ability.

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  • Blizzard’s revenues from in-game content grew more than 25% year-over-year, driven by revenues from World of Warcraft in-game content and continued strength of Overwatch customization items.

  • Activision expects to release a new content offering for Call of Duty: Black Ops 3 fans, Zombies Chronicles, on May 16, 2017. The remastered collection of the franchise’s most beloved Zombies content will be available first on PlayStation 4.

  • King’s first-quarter gross bookings per paying user grew for the 7th quarter in a row to a new record. The Candy Crushآ™ franchise showed continued stability with mobile bookings up quarter-over-quarter. Also, King has entered into a promising publishing partnership with PlayStudios to enter the social casino genre.