How much is Blizzard Activision company worth?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Activision Blizzard net worth as of April 12, 2023 is $66.73B. Activision Blizzard, Inc. is a leading developer and publisher of console, online and mobile games.

Is Blizzard a profitable company?

Activision Blizzard annual gross profit for 2022 was $5.306B, a 18.19% decline from 2021.

Is Activision Blizzard the biggest company?

Through various mergers, acquisitions, and successful content performance, Activision Blizzard has grown into the biggest gaming company by market capitalization, which stood at 59.91 billion U.S. dollars in January 2023. In 2022, Activision Blizzard's annual revenue amounted to 7.53 billion U.S. dollars.

Is Activision Blizzard a Fortune 500 company?

Activision Blizzard, Inc. (NASDAQ: ATVI) is a member of the Fortune 500 and S&P 500. As one of the world's most successful standalone interactive entertainment and gaming corporations, we delight hundreds of millions of monthly active users.

Is Activision Blizzard in debt?

Long term debt can be defined as the sum of all long term debt fields. Activision Blizzard long term debt for the quarter ending December 31, 2022 was $3.611B, a 0.08% increase year-over-year.

Is Activision Blizzard Worth $69 Billion?

What is Blizzard's most profitable game?

Using data from Sensor Tower and AppMagic, Mobilegamer.biz found out which mobile titles were the main revenue drivers for Activision Blizzard in Q3 2022. Candy Crush Saga remained the highest-grossing game, generating $316.8 million in the third quarter.

Who is Blizzard biggest competitor?

Who sold Blizzard for $69 billion?

Almost exactly a year ago, Microsoft unveiled plans to acquire Activision Blizzard for $95.00 per share in an all-cash transaction valued at $68.7 billion, including Activision Blizzard's net cash. The acquisition will make Microsoft the world's third-largest gaming company by revenue, behind Tencent and Sony.

Who bought Blizzard for $69 billion?

Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard's net cash. When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue, behind Tencent and Sony.

Why did Blizzard shut down?

Fans of Blizzard games like World of Warcraft and Overwatch in China are in mourning following the shutdown of the majority of Blizzard game services in the country, after Activision Blizzard and China's NetEase Games failed to renew their licensing agreement.

Where does Blizzard make the most money?

The company's business is conducted through three major business segments, which include Activision, Blizzard, and King. The Activision segment, which develops and sells video games, is the company's biggest revenue and profit generator.

Where does Blizzard make its money?

In the fourth quarter of 2022, Activision Blizzard generated 1.61 billion U.S. dollars of revenues through microtransactions and downloadable content, subscriptions, licensing royalties from our products and franchises, and other miscellaneous revenues.

Why is Blizzard worth so much?

The simple fact of the matter is that Activision Blizzard owns a lot of valuable Intellectual Property (IP) and very lucrative gaming services like World of Warcraft and Call of Duty: Warzone.

What game has the highest gross revenue?

Top Grossing Role-Playing Games 2022

Honor of Kings, the MOBA inspired by League of Legends, was the highest grossing game of 2022 with $1.6 billion revenue. Genshin Impact, which is popular in China and Japan, came second, grossing $1.2 billion.

What game has made the most profit of all time?

The highest-grossing video game of all time is Dungeon Fighter Online, which has grossed $20 billion worldwide (mostly in Asia) as of 2022. It surpassed the records held by Pac-Man and Space Invaders, which were the highest-grossing video games since the 1980s.

Who is No 1 richest gamer in the world?

Richard Tyler Blevins, better known as Ninja, is the world's wealthiest gamer. His net wealth of $17 million places him at the top of the list. Ninja is well-known for streaming Fortnite, but he has also been streaming PUBG, Call of Duty, and H1Z1 for over a decade.

Who is richest man in the world?

Top 10 richest people in the world, Jeff Bezos net worth. The world had 2,668 billionaires as of 2022, according to Forbes - but who are the 10 richest people among them? Here are the world's top 10 richest people, what their net worth is and the source of their wealth.

Why is Blizzard pulling out of China?

Blizzard Entertainment titles including Overwatch, Starcraft, Hearthstone and World of Warcraft have officially gone offline in China following a tumultuous end to the developer's distribution partnership with NetEase, which saw the two gaming giants fail to negotiate an extension to their 14 year-old licensing ...

What does Microsoft own from Activision?

Among its assets are ownership of Call of Duty, Crash Bandicoot, and Spyro from Activision's studios; Warcraft, Diablo, StarCraft, and Overwatch from Blizzard Entertainment; and Candy Crush Saga from King.

Who owns Activision now?

Share All sharing options for: What's happening with Microsoft's acquisition of Activision Blizzard. Microsoft is attempting to persuade regulators around the world to clear its $68.7 billion acquisition of Activision Blizzard — the biggest deal of its kind the gaming industry has ever seen.