Today Activision Blizzard reported the financial results of its December quarter and the entire 2009 calendar year. For the year, Activision recorded a net income of $113 million, a modest turnaround from the $107 million in net losses for the company in 2008. Led by sales of Modern Warfare 2, all signs -- at least, this one -- pointed to an outstanding Q4 for the publisher. However, figures released today indicate that Activision actually posted a $286 million net loss during the period.
"Despite these challenging times, in 2010 we remain focused on expanding operating margins by growing our high-margin digital/online revenues, directing our resources to the largest and most profitable opportunities and realizing operational efficiencies globally," CEO Bobby Kotick said. "In calendar year 2010, we expect our net earnings and operating margin growth will be driven by our product slate that includes Blizzard Entertainment's Starcraft II and the World of Warcraft expansion pack, Cataclysm, as well as a diversified lineup based on Activision Publishing's best-selling franchises including Call of Duty, Guitar Hero and Tony Hawk, together with other well-known titles such as True Crime, Spider-Man and Bakugan."
While few details were give about Activision's pending slate of sequels, spinoffs and possible reboots, Mike Griffith, President and CEO of Activision Publishing, did share a few words about the next True Crime game. "We'll be releasing a game in the $4 billion action genre, based on our True Crime franchise," Griffith said. "The game blends intense Hollywood-style driving with martial arts combat and shootouts to deliver an Asian cinema-inspired action thriller. This is a big open-world action game that looks especially strong." Griffith also confirmed that a new 007 game is still in the works for 2010.
Additionally, Activision noted that two new IPs are in development for its 2010 lineup and assured that additional DLC will continue to be released for Guitar Hero 5 (and presumably Band Hero), as well as for DJ Hero. The next installments in both music game franchises, Guitar Hero and DJ Hero, are due in "the back half of the year," according Griffith. Activision also announced that it has ceased developing new Guitar Hero games for the PlayStation 2 platform. Aw, shucks.
Reader Comments (39)
Posted: Feb 10th 2010 6:08PM Shagittarius said
" 2010 game plan is predictable"
I hope they plan to sacrifice Bobby Kotex to Satan.
Reply
I hope they plan to sacrifice Bobby Kotex to Satan.
Posted: Feb 10th 2010 6:11PM Pure Black World Tendency said
That would be pointless, Bobby has no soul to claim.
Reply
Posted: Feb 10th 2010 6:26PM Alan Smithee said
Posted: Feb 10th 2010 6:08PM fwacce said
I don't mean to hijack this post, but did anyone see the Jack Thompson segment on Stossel's show? Stossel brought in Kurt Loder to counter him. I thought it was interesting since everyone piles on Fox for their bias, but here's a segment taking up for freedom.
http://www.youtube.com/watch?v=-7wP8my4N28
I love how Jack Thompson does his best Al Gore impersonation by saying "The debate is over" lol.
Reply
http://www.youtube.com/watch?v=-7wP8my4N28
I love how Jack Thompson does his best Al Gore impersonation by saying "The debate is over" lol.
Posted: Feb 10th 2010 6:09PM ArchiGamer said
So...Band Hero 2, DJ Hero 2, and TH Ride 2 with few IPs here and there?
How original....
Reply
How original....
Posted: Feb 10th 2010 6:11PM Brysonial the Bison said
Really I'm not buying anything they make until bongo hero then it MIGHT be worth it.
Reply
Posted: Feb 10th 2010 6:13PM Alan Smithee said
Guess DJ Hero, TH Ride, and the Guitar Hero mess didn't do well, eh?
Reply
Posted: Feb 10th 2010 6:17PM (Unverified) said
DAMN YOU KOTICK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Reply
Posted: Feb 10th 2010 6:17PM Dr Perry Ulysses Cox said
True Crime, huh? I hope this one is more action and less dragons.
Reply
Posted: Feb 10th 2010 6:18PM MystileArmor said
I'm kind of interested in True Crime. True Crime NYC was a great concept, just the most horrible execution of a great concept, like ever. That game had more bugs and crashed more often then anything else I've ever played in my entire life.
Reply
Posted: Feb 10th 2010 6:26PM Chilly P slapperonlyblogspotcom said
People like Bobby Kotick really help you appreciate what Riccitello has done for EA's image and for the quality of their games.
Reply
Posted: Feb 10th 2010 6:31PM Chilly P slapperonlyblogspotcom said
p.s. Would anyone else love to Infinity Ward split from Activision?
Reply
Posted: Feb 10th 2010 6:33PM Alan Smithee said
IW has had chances to leave Activision, instead they just keep renegotiating the contracts for more money. Trust me, they're just as bad as he is.
Reply
Posted: Feb 10th 2010 7:00PM Chilly P slapperonlyblogspotcom said
It's not the greed I'm concerned with. It's that philosophy EA had before Riccitello took over (and Activision has now) of just making one good game and then pooping out sequels. Infinity Ward still makes a quality product (although MW2 desperately needed a beta test), but Activision has them rotating with an inferior studio. I'd like to see what IW does without having to do Call of Duty and without being forced to associate and essentially babysit Treyarch.
But look at other games under Activision. [Prototype] is a great example of a game that could have amazing, but lacked a severe amount of polish. Riccitello's EA wouldn't publish a game like that until it was ready. [Prototype] just didn't seem like it was ready.
Reply
But look at other games under Activision. [Prototype] is a great example of a game that could have amazing, but lacked a severe amount of polish. Riccitello's EA wouldn't publish a game like that until it was ready. [Prototype] just didn't seem like it was ready.
Posted: Feb 10th 2010 6:28PM (Unverified) said
Hmm, Now that PS2 controllers won't be shipped with PS3 controllers, could we see the first Bluetooth Guitar Hero Controller for the PS3?!?!?
No.
Reply
No.
Posted: Feb 10th 2010 6:31PM Credge said
Look at that twatish, forced grin on his face. He's never had a real smile in his life.
Look at his blackened, coal like eyes. He has no soul.
He has no emotions. He is a monster.
Make a game based on a character with those traits as the main character and I'll buy one of your products.
Reply
Look at his blackened, coal like eyes. He has no soul.
He has no emotions. He is a monster.
Make a game based on a character with those traits as the main character and I'll buy one of your products.
Posted: Feb 10th 2010 6:39PM Commander Corn said
Guitar Hero: Jethro Tull
Guitar Hero: Gorillaz
Guitar Hero: Blur
Guitar Hero: Rush
Guitar Hero: The Who
Guitar Hero: Beck
Do them now and do them good, and you may redeem yourself.
Reply
Guitar Hero: Gorillaz
Guitar Hero: Blur
Guitar Hero: Rush
Guitar Hero: The Who
Guitar Hero: Beck
Do them now and do them good, and you may redeem yourself.
Posted: Feb 10th 2010 6:41PM mywhitenoise said
As much as I love Blur (the username), they don't need their own game. And if they did, it should be made by Rock Band, not Guitar Hero. Guitar Hero's interface looks like a dirty ass.
Reply
Posted: Feb 10th 2010 7:55PM Commander Corn said
Although the art style isn't too good, I still think too many people hate Guitar Hero just for being Guitar Hero. It's kind of like how people hate the Republican party just for being conservative.. (Although that's a far-fetched comparison.)
Reply
Posted: Feb 10th 2010 7:01PM MowDownJoe said
Every time I see the header picture, I want to punch my screen.
Reply
Posted: Feb 11th 2010 6:29PM 33PercentGod said
That's the reason I love seeing picture of Bobby. I imagine gamers raging and flipping out while Bobby throws the signature "F*ck you" smile to the camera laughing to the bank.
He's like a pro wrestling bad guy,but in real life.
Reply
He's like a pro wrestling bad guy,but in real life.
Posted: Feb 10th 2010 7:45PM Mayor West said
"..diversified lineup based on Activision Publishing's best-selling franchises.."
Doing nothing but annual sequels doesn't sound all that "diversified" to me.
Reply
Doing nothing but annual sequels doesn't sound all that "diversified" to me.
Posted: Feb 10th 2010 8:52PM GuardianLegend said
Only $113m in profit? I thought MW2 would've given them far more than that. What gives?
Reply
Posted: Feb 11th 2010 12:52PM Monitor2112 said
I'm still extremely upset with the way they treated Marvel Ultimate Alliance 2.
Now I plan on waiting for a few months after release before I even think about purchasing something from Activision.
Reply
Now I plan on waiting for a few months after release before I even think about purchasing something from Activision.
Sorry, you must be logged in to leave a comment.
Featured Stories
The most popular posts
in the last 7 days
- Vita 'UMD Passport' won't be offered in US 220 comments
- Kingdoms of Amalur: Reckoning review: A tempting fate 153 comments
- David Jaffe leaves Eat Sleep Play, layoffs hit developer [Update] 108 comments
- Don't call it a remake: Final Fantasy X is a 'remaster,' to be clear 95 comments
- Battleship movie adapted into FPS by Double Helix 93 comments










