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Evening Round-up: Activision Blizzard reports Profits of $2.2B; company being sued over COD character

Hello, and welcome to today’s evening round-up. We have selected for you the best and trending gaming and  eSports stories in the last 24 hours.

They include Blizzards’ stunning financial figures in their latest report, Riot games hiring a former Netflix executive to join their marketing team as well as the death of a famous industry personality.

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Get the details below!

Activision Blizzard reports Profits of $2.2B

Video game holding company Activision Blizzard published its financial earnings for the fourth quarter and full-year 2020. The company generated quarterly net revenues of $2.41B USD, up 21.5% compared to $1.99B during the same period of 2019.

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For the full-year 2020, Activision Blizzard recorded net revenues of $8.1B, which marks an increase of 25% year-over-year.

In total, the company recorded a quarterly net income of $508M or $0.66 earnings per share (EPS), down 3% compared to $625M in Q4 2019. For its full fiscal year, the company reported a net income of $2.2B, an increase of 46% year-over-year from $1.5B in its fiscal year 2019. Click on the link for the full story. 

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Source: The Esports Observer 

Activision sued over COD character

Activision is facing a new lawsuit over Mara, a character from Call of Duty: Modern Warfare and Call of Duty: Warzone.

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Writer and photographer Clayton Haugen claims that Mara is based on Cade Janus, a character he created who is portrayed in live action by the same model as Mara, Alex Zedra.

press release provided by Potts Law Firm, who are representing Haugen, says that he created Cade Janus as part of “a story treatment to draw interest from various movie production companies,” along with a photoshoot of Zedra portraying the character.

The release says Haugen posted these details and images on his website to attract attention, though he no longer appears to have an active website. The images appear on his Instagram account, though these posts don’t include a name or details about the character. Click on the link for the full story

Source: Gamespot

Riot Hires Another Former Netflix Exec for Entertainment Division

Riot Games has hired Ryan Crosby as its new head of marketing and consumer products. Prior to joining Riot, Crosby worked in various marketing and public relations roles at NetflixHuluActivision, Microsoft’s Xbox division, and En Masse Entertainment.

Crosby joins Shauna Spenley, another former Netflix executive who was hired in December by Riot to drive its new entertainment division. Click on the link for the full story. 

Source: The Esports Observer 

Bethesda parent company ZeniMax founder and CEO passes away

Robert A. Altman, the co-founder, and chief executive of ZeniMax Media, has passed on at the age of 73, the company announced on Thursday.

The company broke the news of Robert Altman’s passing in a touching social media post this morning which memorialized the company leader. The cause of death was not given in Bethesda’s announcement on social media. Click on the link for the full story. 

Source: The Konversation

Prince Of Persia: The Sands Of Time Remake Delayed Indefinitely

Ubisoft’s Prince of Persia: The Sands of Time remake has been delayed to an unspecified date in the future. It was previously slated to launch in March. This is the game’s second public delay, as the game was originally slated to arrive in January.

“Since announcing Prince of Persia: The Sands of Time Remake in September, we saw an outpouring of feedback from you on this beloved franchise,” reads a line from the developer’s announcement of the delay. Click on the link for the full story. 

Source: Gamespot 

 

 

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