Activision-Blizzard Releases 2021 Financial Results

According to Activision-Blizzard’s fourth-quarter and 2021 financial results released on February 3rd, Activision-Blizzard’s net revenues for 2021 were $8.80 billion, which is up from $8.09 billion in 2020. While overall revenue went up year-to-year, the revenue growth the company saw paled in comparison to its new owners. Xbox’s yearly revenue of $16.28 billion surpassed the company’s 2020 figure by over $2 billion.

Activision-Blizzard’s fourth-quarter certainly didn’t help its 2021 figure. From the beginning of October to the end of December, they made $2.16 billion, down from $2.41 billion during the fourth quarter of 2020.

The company acknowledged its Call of Duty net bookings (net amount of products and services sold) declined in the fourth quarter compared to previous years, reflected by lower sales of Vanguard and lower engagement in Warzone. Activision-Blizzard also announced that Infinity Ward will take over Call of Duty in 2022 for both the next full release and Warzone.

Activision-Blizzard will remain a constant media story this year as Microsoft works to finalize its purchase of the gaming giant. In the meantime, they’re still working (mostly independently) to create more great entertainment. 2022 should prove to be an interesting year for Activision-Blizzard with seemingly so much going on at every level, including a never-ending negative Bobby Kotick harassment controversy.

(All information was provided by Dot Esports)

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