It’s a bad time to be Activision-Blizzard. During a recent financial report for Q1 2022, which ended on March 31st, Activision-Blizzard announced the company had recorded 372 million monthly active users. While this sounds very impressive, it’s actually a huge step down from Q1 2021, when the company was able to bring in 435 million monthly active users. This means that Activision-Blizzard lost 63 million players from last year to this year. On top of that, the company also revealed that revenues, net bookings, and in-game net bookings all experienced a decline from 2021 to 2022.
Activision-Blizzard said that Call of Duty: Vanguard’s underwhelming performance had a lot to do with this player drop-off. The organization also said that Call of Duty: Warzone had “lower engagement” levels than expected. Overall total net bookings for the entire Call of Duty franchise fell from last year to this year.
Even though the Call of Duty series has been struggling, Activision is still looking to “rapidly expand” the development resources for the entire franchise during the first quarter of this year. This comes ahead of the highly anticipated release of Modern Warfare 2 and a brand-new Warzone game. Both of these titles are expected to be released later this year.
(All information was provided by GameSpot)
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