• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Activision Blizzard will join S&P 500

LiK

Member
http://variety.com/2015/biz/news/activision-blizzard-joins-sp-500-1201580311/

Santa Monica-based videogame maker Activision Blizzard will join the S&P 500 index of leading American companies when the markets open for business on Monday.

The company that produces “World of Warcraft,” “Call of Duty” and other games — and inspires their movie adaptations — will join the widely-watched measure of equities. The video and software maker will replace the industrial machinery company Pall Corp. in the 500.

“Joining the S&P 500 is a reflection of our talented teams’ passion, hard work and commitment to excellence,” said Activision Blizzard CEO Bobby Kotick. “We believe we are well-positioned for long-term growth, and we look forward to continuing to deliver value to our audiences and investors.”

The company has projected revenue of more than $4.4 billion for this year. Activision Blizzard claims more than 150 million active users worldwide annually. The company is bringing back an old favorite, “Guitar Hero,” to be available on consoles, tablets and mobile phones this fall.

The company’s games have also inspired film projects. Universal will release “Warcraft,” produced by Atlas Entertainment, Legendary Pictures and Blizzard Entertainment, on June 10, 2016.

Activision Blizzard will appear in the S&P listings along with entertainment giants like Time Warner, Comcast, Viacom and Disney. An earlier watershed for the videogame maker came when it was named one of the “100 Best Companies to Work For” by Fortune magazine.
 

Apathy

Member
Does this mean more rushed wow expansions and awesome mounts put on the store instead of in game? I think it does.
 

Neoweee

Member
Does this mean more rushed wow expansions and awesome mounts put on the store instead of in game? I think it does.

I don't know if that is the case. The company is so large and leveraged across so many different IPs at this point that revenue streams are fairly well staggered across seasons/years.

And if anything, I think Heroes of the Storm's months-long "Events" was done to take a step in that direction.

And with regards to WoW in particular, the subscription fees are still the primary driver of the game's revenue. If any of Blizzard's IPs are going to get in line, it will be Hearthstone likely switching to 2 Expansions/2 Adventures per year model.

EDIT: They were already publicly traded. Being listed at S&P500 isn't that different, just higher profile, with some higher standards on what they need to do remain listed.
 

Nephtes

Member
Now to own enough stock to sit on the board...and control the world (of Warcraft)...

My decade long evil plan is finally coming to fruition!

too bad I stopped playing WoW like 8 years ago, and sitting on the board will be meaningless to me now...
:(
 

AHA-Lambda

Member
I do wonder how ATVI is so good at picking winners like they do.
Their portfolio is lean but every one of them is BIG, heck they're the only big publisher out there that still seems to get away with $60 retail licenced shovels are too!
 

pantsmith

Member
On the up side, Destiny is going to have huge gains in gamer and public opinion as it starts to become more of what gamers want it to be, Hearthstone is huge, and Blizzard in general continues to find great success in finding the right niches to fill (Hearthstone, Heroes, Overwatch) and speeding up the creation of WoW expansions (which surges subscriber numbers and creates a huge income boost)

On the down side, Call of Duty will continue to lose its stranglehold, Tony Hawk is virtually irrelevant, Activision's licensed games are a real weird mix, and Skylander's market continues to become oversaturated
(though the future sounds neat :) )

Its probably a safe investment if you're looking to make money in the long run, though be careful of Blizzard ever trying to free themselves.
 

Neoweee

Member
On the up side, Destiny is going to have huge gains in gamer and public opinion as it starts to become more of what gamers want it to be, Hearthstone is huge, and Blizzard in general continues to find great success in finding the right niches to fill (Hearthstone, Heroes, Overwatch) and speeding up the creation of WoW expansions (which surges subscriber numbers and creates a huge income boost)

On the down side, Call of Duty will continue to lose its stranglehold, Tony Hawk is virtually irrelevant, Activision's licensed games are a real weird mix, and Skylander's market continues to become oversaturated
(though the future sounds neat :) )

Its probably a safe investment if you're looking to make money in the long run, though be careful of Blizzard ever trying to free themselves.

I don't know if there's any real incentive for Blizzard to free itself, or what the mechanism would be for that to even happen.

I also wouldn't consider now, of all times, for a stock that is up that much to be considered "safe".
 

RiccochetJ

Gold Member
I wonder if Blizzard will be able to continue their stance of "It's ready when it's ready" when they have high profile investors breathing down their neck.
 
Top Bottom