Activision Blizzard Inc forecast second-quarter adjusted profit below estimates ...
- Activision Blizzard Inc forecast second-quarter adjusted profit below estimates on Thursday, as the videogame maker puts more money into its franchises to battle competition from blockbuster games “Fortnite” and “Apex Legends”.
Activision, which continues its esports push, also revealed the first five franchises of its new city-based Call of Duty league, which follows its highly successful Overwatch league. The cities are Atlanta, Dallas, New York, Paris and Toronto. Activision said in February the number of developers working on its games will increase by about 20 percent over the course of 2019.
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