GI.Biz: A Tale of Two Publishers

Ever since Activision merged with Vivendi - leapfrogging Electronic Arts to create the world's largest third-party publisher - the fortunes of the industry's top two have been watched intently. This week's quarterly financial results from the pair are no exception, having been discussed and dissected across both the industry and the markets.

One thing is certain - Activision Blizzard retains its crown, beating its own guidance to pull in over $1 billion in revenue, while EA managed only $644 million, with losses leaping to $234 million. EA protests that its performance is down to deferred revenue adjustments, but even if you adjusted for that, Activision would be the larger publisher by some margin.

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