Activision Blizzard hits $8.8 billion in 2022 revenue despite lackluster Call of Duty sales
Activision Blizzard earned a tape $eight.8 billion in revenue in 2022, despite missing expectations in the fourth quarter, as shared by the company in its Q4 2022 earnings.
Sales were down in the quaternary quarter, primarily attributed to lower sales of 2022's Phone call of Duty: Vanguard when compared to 2022'due south Call of Duty: Black Ops Common cold War. As part of the earnings report, Activision also officially confirmed that the next mainline game in the Call of Duty franchise for 2022 is being developed by Infinity Ward, the team backside Modern Warfare 2022.
Other highlights include Call of Duty Mobile, which saw over $1 billion in revenue in 2022, while Diablo ii: Resurrected is Blizzard Entertainment'southward best-selling remastered game ever. Looking ahead, Blizzard Entertainment is currently working on both Diablo four and Overwatch 2, both games that accept been delayed in the past yr. Blizzard is as well working on a new IP, equally well as bringing Warcraft to mobile devices through a new game.
Activision Blizzard currently faces a lawsuit, with the company defendant of sexist workplace practices and allowing abusive beliefs to take identify without reprimand. Activision Blizzard is also beingness acquired past Microsoft, with a deal set to close sometime earlier June 2023. When the bargain completes, Activision Blizzard will be role of the Xbox first-political party unit.
When the deal closes, sources familiar with both parties country that Activision Blizzard CEO Bobby Kotick is expected to depart the company.
Updated February 2022
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Source: https://www.windowscentral.com/activision-blizzard-q4-2021
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