How profitable is Activision Blizzard?

Activision Blizzard (ABK) net income as of Q2 2023 In the second quarter of 2023, Activision Blizzard's net income amounted to 587 million U.S. dollars. In that same period, the company reported 2.2 billion U.S. dollars in quarterly net revenue.
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How much debt is Activision Blizzard in?

Total debt on the balance sheet as of June 2023 : $3.61 B.
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What is the source of revenue for Activision Blizzard?

Activision Blizzard (ABK) net revenue 2015-2022, by distribution channel. In 2022, Activision Blizzard generated over 6.6 billion U.S. dollars in revenues through digitally-distributed downloadable content, microtransactions, subscriptions, and products, as well as licensing royalties.
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How much is Activision Blizzard worth?

Last known market cap: $74.28 Billion

On October 25, 2023 Activision Blizzard had a market cap of $74.28 Billion. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.
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What is Blizzard's biggest money maker?

Call of Duty is often cited as Activision Blizzard's chief moneymaker, and in fact has been singled out as a particular point of contention in Sony's attempts to lobby against Microsoft's acquisition of the company.
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Activision Blizzard CEO explains why Tencent and ByteDance are the best companies in the world

Is Blizzard making a profit?

Activision Blizzard (ABK) net income as of Q2 2023

In the second quarter of 2023, Activision Blizzard's net income amounted to 587 million U.S. dollars. In that same period, the company reported 2.2 billion U.S. dollars in quarterly net revenue.
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Who owns most of Activision Blizzard?

At the conclusion of the deal, Vivendi was no longer Activision Blizzard's parent company, and Activision Blizzard became an independent company as a majority of the shares became owned by the public. Bobby Kotick and Brian Kelly retained a 24.4% stake in the company overall.
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Is Activision Blizzard doing well?

For the quarter ended June 30, 2023 , Activision Blizzard's net revenues presented in accordance with GAAP were $2.21 billion , as compared with $1.64 billion for the second quarter of 2022. GAAP net revenues from digital channels were $2.01 billion . GAAP operating margin was 26%.
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What is the most profitable game on Blizzard?

A recent Activison - Blizzard document published revealed that Call of Duty, Candycrush and World of Warcraft all together make up 57% of the companies total profits. Overwatch use to appear on this report, but not longer does.
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How profitable is World of Warcraft?

According to the Q2 report, Blizzard had generated a total of $1.5B in net revenue and a total of $466M in operating income (loosely, this is profit) in the first half of 2023.
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How many people are employed by Activision Blizzard?

Activision Blizzard (ABK) global workforce 2017-2022

In 2022, gaming company Activision Blizzard (ATVI) had approximately 13,000 employees, out of which almost three quarters were located in North America. Activision Blizzard has operations in multiple countries and is one of the biggest video game companies worldwide.
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How did Microsoft pay for Blizzard?

Announcement. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share.
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Is Activision Blizzard a Fortune 500 company?

The company's portfolio of iconic franchises includes Call of Duty®, Overwatch®, World of Warcraft® and Candy Crush®. In 2017, Activision Blizzard was also recognized as a member of the Fortune 500, as one of the world's most innovative companies, and one of the most admired.
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Is Activision Blizzard the biggest company?

Activision Blizzard – a giant exits the stage

A summer of litigation caused Activision Blizzard's value to drop and the company to be relegated to second place with a market cap of nearly 46.98 billion U.S. dollars in October 2021 before bouncing back to 67.06 billion U.S. dollars in early 2023.
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What game has made the most money ever?

The Top 10 Best-Selling Video Game Franchises of All Time
  • Pokémon — $90 billion. ...
  • Mario — $30.25 billion. ...
  • Call of Duty — $17 billion. ...
  • Wii — $14.808 billion. ...
  • Pac-Man — $14.107 billion. ...
  • Space Invaders — $13.93 billion. ...
  • Dungeon Fighter Online — $11.8 billion. ...
  • Street Fighter — $11.279 billion.
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Why did Xbox buy Activision?

Activision Blizzard reportedly tracks "nearly 400 million monthly active players in 190 countries and three billion-dollar franchises" across its console, PC, and mobile divisions, which would significantly bolster the growth of Game Pass, Xbox's investment in Cloud Gaming technology, and Microsoft's ability to compete ...
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Is Microsoft buying Activision or just Blizzard?

He has been covering the business & culture of video games for two decades. Microsoft has successfully persuaded regulators around the world to clear its $68.7 billion acquisition of Activision Blizzard — the biggest deal of its kind the gaming industry has ever seen — and has completed the deal.
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Does Activision Blizzard pay well?

Average Activision Blizzard hourly pay ranges from approximately $15.40 per hour for Game Tester to $18.99 per hour for Quality Assurance Tester. Salary information comes from 108 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
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How much is the CEO of Activision Blizzard worth?

The estimated net worth of Robert A Kotick is at least $691 Million dollars as of 2024-09-08. Robert A Kotick is the CEO of Activision Blizzard Inc and owns about 7,313,165 shares of Activision Blizzard Inc (ATVI) stock worth over $691 Million.
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Who sued Activision Blizzard?

Professional gamers Hector “H3cz” Rodriguez and Seth “Scump” Abner, in a lawsuit filed on Thursday in California federal court, allege that the gaming giant violates antitrust laws by preventing “would-be competitors from entering the market” and coercing players and team owners into acquiescing to “extortionate ...
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Does BlackRock own Activision?

2023-01-31 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 56,307,360 shares of Activision Blizzard Inc (US:ATVI).
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