Video game publisher Activision Blizzard Inc. posted a fourth-quarter loss Wednesday, but adjusted earnings jumped past Wall Street's expectations, boosted by strong sales of the latest "Guitar Hero" and "Call of Duty" games.
The company posted a loss of $72 million, or 5 cents per share, for the quarter, dragged down in part by charges from its combination with Vivendi Games last July. Adjusted earnings totaled $429 million, or 31 cents per share, surpassing the 29 cents per share that analysts polled by Thomson Reuters had expected.
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K-Pop Academy is an upcoming pop star management simulator from the game studio that brought you Tsuki’s Odyssey and Campfire Cat Café.
The new unit comprises over 500 developers representing the entire World of Warcraft development team.
I used to be anti-union, it kills productivity, investment and turns product mediocre. Their games suck anyways though so what was lost? Might as well get their people paid until they are dissolved.
Unions are necessary regardless of how you feel. You know how fked the working class would be without them. As if we're not already.
No they aren’t, regardless of how you feel. Unions make zero sense for skill based labor. They are for people who press a button every 10 seconds on an assembly line. “working class” is a made up term. I don’t care about corporations or developers, I just want good games lol. Killing your incentives to appease the lowest common denominator doesn’t lead to great games imo
I wasn’t trying to be offensive if I came off that way. The Union is an old mentality and I can see their usefulness but also the danger. We’re in the age of AI and robots and skill based labor. Unions can be dangerous these days. You could replace your entire workforce in one move. Checkmate. Look to the kiosk replacing workers in the 20 dollar minimum wage era.
Well run businesses don’t need unions. If you need a Union that business won’t survive anyway. Unless it’s propped up by the government with corporate welfare (which is the real issue). If you’re not going to spend some on your workers (Amazon, Google) then your welfare is cut off. No tax breaks. All you put together don’t match their wealth and resources, the union is a traditional memory at this point and counterproductive with this new enemy we face. They need a flying elbow from the top ropes. And by “working class is a made up term” I just mean we’re not a class system and even CEO Bobby Kotick puts in a days work lol. Or did.. It’s just a vague term that doesn’t mean anything no offense lol. People say “middle class” but that can change quick right? Up or down. That’s not a “class system”.
Modders have cooked up something pretty special – a Wii console which is small enough to fit on your keys. A wee Wii.
i thought blizzard would have never get LOSS in the recession. i mean 11 million users of world of warcraft and call of duty selling like crazy. hmmmm i think nobody is immune to recession.
thanks
Amazing with all those WoW subscriptions and all those Call of Duty and Guitar Hero sales and they still post losses...
its Activision who losing money not blizzard
But wow alone with 11mil users should earn them 165mil a month. How could they be spending more than 1,980,000,000 a year to post a loss? A servers really THAT expensive to maintain?
Just with WOW they have earnings of :
10 000 000 x 3 monthes x 15$ ( I give them 1 million slack to round up )
That makes 450 Millions ( just with WOW ), they say they earned only 438 Millions. What gives ???
I am talking earnings here, not profit.