Activision Blizzard Inc. is the name of the American video game holding company. This company is located in California, and it consists of a total of five businesses (Blizzard Entertainment, Major League Gaming, King, Activision Publishing, and Activision Blizzard Studios).
This young company has managed to for a short period of time pave its way in the industry. In case you are interested in reading about this company, its history, development, and net worth, this article will be rather helpful.
The History of Activision Blizzard, Inc
Activision Blizzard, Inc was founded in 2008. The two companies, Activision, Inc. and Vivendi Games, merged, and therefore created the Activision Blizzard, Inc. This company does not publish video games under its umbrella name, but rather under the names of its subsidiary studios or business.
In 2010, Activision Blizzard, Inc. was the largest publisher of video games in the world. The success started to develop even more throughout 2011. That year was particularly important because the release of the Call of Duty: Modern Warfare 3 reached 400 million dollars in the first 24 hours since the release the US, and UK.
In 2013 and 2014, Activision Blizzard split from the Vivendi for 8.83 billion dollars. The consequence of the split was that Vivendi was not the parent company of Activision Blizzard. Also, in 2013 the Activision Blizzard became an independent company.
After numerous successful releases, at the end of 2014, Activision Blizzard became the fifth largest gaming company in the world.
In 2015, Activision Blizzard became part of the S&P 500. Therefore, it became one of the two companies dealing with gaming on the whole list. Also in 2015, Activision Blizzard created King, the social gaming company which was responsible for the creation of Candy Crush Saga.
The year 2017 was also successful for the company, since Activision Blizzard made it to the Fortune 500, thus becoming the third gaming company on the list, besides Electronic Arts and Atari.
The Net Worth of Activision Blizzard, Inc
The total net worth of the company is estimated to be around 41 billion dollars.
This company makes the majority of incomes out of its primary products – gaming franchises. When it comes to Call of Duty series, it broke the record three years in the row. In 2009, Call of Duty: Modern Warfare 2 earned 310 million dollars. Furthermore, in 2010, Call of Duty: Black Ops brought in 360 million dollars, while the Call of Duty: Modern Warfare 3 brought in 400 million.
In 2013, Call of Duty: Ghosts earned 1 billion dollars on the first day of the release. The scenario for this game was written by the famous screenwriter Stephen Gaghan.
In 2014, the game called Destiny earned more than 500 million dollars on the first day of release. This game broke the record of the most successful first-day launch of a new gaming franchise.
In 2015, Candy Crush Saga alone earned around 6 billion dollars.
When it comes to the net income, in 2018, it was around 1.8 billion dollars. Activision Blizzard is a company that has around 10,000 employees.
Considering its relatively short history of only 11 years, Activision Blizzard has managed to prove that the young companies can become the leaders on the market. Not only does, Activision Blizzard makes interesting and fun games, but their content and quality are also remarkable.
Since its founding in 2008, this company has gone through merges, splits, good and bad periods. However, none of them influenced the products and work. Therefore, Activision Blizzard became one of the rare members of the S&P 500, and Fortune 500.
When it comes to the net worth, series such as Call of Duty, or Candy Crush Saga was without a doubt one of the most profitable investments, since they broke records within the first 24 hours of release.
When it comes to the future of this company, the net worth is highly likely to get bigger, due to the upcoming projects and games.