Activision Hands Next Call of Duty and Warzone Update to Infinity Ward After Vanguard Flop

Activision Hands Next Call of Duty and Warzone Update to Infinity Ward After Vanguard Flop

2 years ago
Anonymous $CLERCuPQwa

https://wccftech.com/activision-call-of-duty-2022-warzone-infinity-ward-cod-vanguard-flop/

Activision Blizzard (NASDAQ:ATVI) have released their earnings for the quarter ending December 31, a report many were anticipating given the company’s ongoing reckoning with workplace misconduct and the pending acquisition of the company by Microsoft. Unfortunately, those hoping for a particularly lively earnings call are in for a disappointment, as embattled Acti-Blizz CEO Bobby Kotick and the rest of the company’s management team have retreated from the spotlight, announcing they’ll no longer be holding any conference calls pending their “transaction” with Microsoft.

Activision Blizzard did release a Q4 earnings press release (Acti-Blizz's fiscal year coincides with the calendar year) and while their $2.16 billion in net revenue did best expectations, it fell short of the $2.42 billion brought in during Q4 2020. The major culprit? A large $500 million year-on-year shortfall from the Activision division due to the poor reception and sales of Call of Duty: Vanguard and the Call of Duty: Warzone Pacific update. The numbers were salvaged somewhat by the King mobile division, which set record Candy Crush numbers.