How profitable is Blizzard?

Revenue in 2023 (TTM): $8.70 B According to Activision Blizzard's latest financial reports the company's current revenue (TTM ) is $8.70 B. In 2022 the company made a revenue of $7.52 B a decrease over the revenue in the year 2021 that were of $8.80 B.
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Is Blizzard still profitable?

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 money does Blizzard make a year?

In 2022, Activision Blizzard's annual revenue amounted to 7.53 billion U.S. dollars. Activision Blizzard publishes games such as Call of Duty, Guitar Hero, StarCraft and World of Warcraft.
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How successful is Blizzard?

In 2022, Activision Blizzard's annual revenue amounted to 7.53 billion U.S. dollars. On January 18, 2022, Microsoft announced it would buy Activision Blizzard for a record 68.7 billion U.S. dollars, positioning Microsoft one of the largest gaming companies worldwide alongside Tencent and Sony.
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How much money is 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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Blizzard Is Worse Than You Thought

How much does the CEO of Blizzard make?

Activision reported paying Mr. Kotick $155 million in 2020, mostly in equity, making him the second-highest paid CEO in The Wall Street Journal's annual analysis of compensation for S&P 500 CEOs.
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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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Who owns most of Blizzard?

Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion on January 18, 2022. The acquisition was completed on October 13, 2023. Activision Blizzard is a subsidiary of Microsoft Gaming along with Xbox Game Studios and ZeniMax Media.
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Who owns Blizzard now?

In October 2023, Microsoft acquired parent company Activision Blizzard, maintaining that the company will continue to operate as a separate business. While part of the larger Microsoft Gaming division, Blizzard Entertainment retains its function as the publisher of games developed by their studios.
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What did Blizzard get in trouble for?

More than two years after a California state agency accused the video game maker Activision Blizzard of fostering a work culture of sexual harassment and discrimination against female employees, the agency on Friday withdrew its allegations in a settlement with the company.
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What is the salary range for Blizzard?

The average Activision Blizzard salary ranges from approximately $89,989 per year for Producer to $215,000 per year for Data Warehouse Engineer. Average Activision Blizzard hourly pay ranges from approximately $15.40 per hour for Game Tester to $18.99 per hour for Quality Assurance Tester.
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How rich is Blizzard?

Net assets on the balance sheet as of June 2023 : $20.79 B

According to Activision Blizzard's latest financial reports the company has $20.79 B in net assets.
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Did Microsoft actually buy 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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Is Activision Blizzard in debt?

Total debt on the balance sheet as of June 2023 : $3.61 B.
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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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Who sued Blizzard?

On 15 December 2023, the California Civil Rights Department (CRD) won a lawsuit against Activision Blizzard, resulting in a $54 million settlement.
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How many employees does Blizzard have?

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 much is Blizzard worth?

Interactive chart of historical net worth (market cap) for Activision Blizzard, Inc (ATVI). ATVI was delisted after June 30, 2023 and its final net worth on that date was $74.051B.
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Did Blizzard fire the CEO?

Activision Blizzard CEO Bobby Kotick will step down from his role as head of the video game company on Dec. 29, according to an internal memo from Microsoft Gaming CEO Phil Spencer on Wednesday. The leadership change was expected after Microsoft closed its $69 billion acquisition of Activision Blizzard in October.
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How much did it cost to buy Blizzard?

The $69-billion purchase of Santa Monica-based Activision Blizzard makes Microsoft the third-largest gaming company in the world by revenue, behind China's Tencent and Sony in Japan.
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Is Blizzard a Fortune 500 company?

This year, Activision Blizzard earned a spot on the Fortune 500 list for the first time in the company's 37-year history. In this industry, that's very rare air.
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How much of Blizzard's revenue comes from China?

Around 3% of Activision Blizzard's revenue came from China in 2021, while NetEase said at the time of the end of their previous deal that Blizzard games represented a low-single-digit share of its revenue and income.
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