{"id":60851,"date":"2018-11-08T23:25:00","date_gmt":"2018-11-08T23:25:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/330314"},"modified":"2018-11-08T23:25:00","modified_gmt":"2018-11-08T23:25:00","slug":"activision-blizzards-revenues-falter-after-destiny-2-dlc-underperformed","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2018\/11\/08\/activision-blizzards-revenues-falter-after-destiny-2-dlc-underperformed\/","title":{"rendered":"Activision Blizzard’s revenues falter after Destiny 2 DLC ‘underperformed’"},"content":{"rendered":"

Activision Blizzard today\u00a0released its financials<\/a> for its third\u00a0quarter ended September 30, stating that its results were better than predicted\u00a0despite showing a decrease in total revenue\u00a0and overall player engagement.\u00a0<\/p>\n

The company’s total revenues decreased\u00a0roughly 7 percent\u00a0to $1.51 billion, while net income was up 38 percent year-over-year to $260 million. It’s a bit of a slowdown for the company, which has reported robust earnings for the past<\/a> two<\/a> quarters.<\/p>\n

The decline in total revenues can be attributed in part to\u00a0Destiny 2: Forsaken\u200b,\u00a0<\/em>which debuted in early September. The company’s revenues from console games and services\u00a0dropped 34 percent\u00a0year-over-year to $347 million, with the company adding that the recently-released\u00a0Destiny 2<\/em>\u00a0expansion isn’t\u00a0performing as well as anticipated.\u00a0<\/p>\n

Activision Blizzard’s mobile revenue\u00a0was\u00a0also down 11 percent\u00a0to $523 million, but balanced out partially\u00a0by a 21 percent boost\u00a0in PC revenues to $482 million.<\/p>\n

The growth in Blizzard’s PC game earnings is\u00a0driven largely by the launch of World of Warcraft: Battle for Azeroth\u00a0<\/em>back in August,\u00a0which sold\u00a03.4 million copies during its first day on shelves — a record for the franchise, the company noted.\u00a0<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Activision Blizzard today\u00a0released its financials for its third\u00a0quarter ended September 30, stating that its results were better than predicted\u00a0despite showing a decrease in total revenue\u00a0and overall player engagement.\u00a0 The company’s total revenues decreased\u00a0roughly 7 percent\u00a0to $1.51 billion, while net income was up 38 percent year-over-year to $260 million. It’s a bit of a slowdown for […]<\/p>\n","protected":false},"author":2,"featured_media":60852,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-60851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/60851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=60851"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/60851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/60852"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=60851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=60851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=60851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}