World News: 21:42 GMT Thursday 2nd May 2019. [Yahoo Business News Feed via SPi World News]
Activision has labeled 2019 a 'transition year', cutting 800 jobs and focusing on investing more in developing its game franchises 'Call of Duty', 'Candy Crush', 'Overwatch', 'Warcraft', 'Hearthstone' and 'Diablo'. Activision had previously said it expects materially lower financial performance from its Blizzard segment this year as 2018 benefited from the release of 'World of Warcraft: Battle for Azeroth', with the company also not planning a major frontline release for Blizzard in 2019. Activision also reaffirmed its full-year guidance for adjusted profit of $2.10 per share and revenue of $6.30 billion.
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.