Activision Blizzard is the latest company to reveal their financial results for the last quarter of the financial year. Thanks to Call of Duty, the company’s revenue has grown more than they expected and they’ve now adjusted their outlook as a result. To help maintain this momentum, the company is in the process of recruiting more than 2,000 more developers to “triple the size of certain franchise teams,” expected to be bolstering Call of Duty development significantly.
Activision’s publishing section, which deals with the games they release on console and PC, saw its revenue grow by 72% in comparison to last year, reaching a total of $891 million. This is mainly thanks to Call of Duty: Black Ops Cold War, Call of Duty: Warzone, and Call of Duty Mobile, which reached a record 150 million monthly active users in Q1 between them. The freeplay offerings of Warzone and Mobile have managed to triple the number of players per month over the last two years and have added “over a billion dollars of operating income” last year. Mobile also managed to hit a couple of milestones, reaching lifetime earnings of $1 billion and 500 million downloads. Call of Duty on the PC and console increased its net bookings by 60% from last year. The franchise’s premium games have now sold over 400 million copies during its lifetime. Activision revealed the integration of Black Ops Cold War and Warzone helped the former to reach sales “well above&...