Activision Blizzard Talks Financial Results, IP Success
Activision has just released its calendar Year 2009 financial results, which confirms its releasing new titles for Call of Duty, Guitar Hero, Tony Hawk, True Crime and the SpiderMan series, all by the end of 2010.
Activision Blizzard has just confirmed that the firm has made a $1.56 billion revenue for Q4 2009. The full year revenue stands at a staggering $4.28 billion.
The company has also confirmed some new games are in the making, as a new Call Of Duty and Guitar Hero game are confirmed.
We generated approximately $1.2 billion in operating cash flow and ended the year with approximately $3.3 billion in cash and investments. For the calendar year, in the U.S. and Europe, Call of Duty®: Modern Warfare™ 2 was the #1 best-selling title overall and DJ Hero™ was the highest grossing new IP launched in 2009. Additionally, through Blizzard Entertainment’s World of Warcraft® we remain #1 in the subscription-based massively multiplayer online role-playing game category worldwide, according to The NPD Group and internal Activision Blizzard estimates.”
Modern Warfare 2’s success:
In November 2009, Call of Duty: Modern Warfare 2 became the first video game ever to surpass $550 million in retail sales in its first five days of release, according to Activision Publishing’s internal estimates. To date, the game has sold more than $1 billion in retail sales worldwide, according to The NPD, Charttrack and Gfk.
Stick with PlayStation LifeStyle as we reveal more on the financial results. Do they include new gaming news, like how the EA Q3 report did? Stay tuned.