Activision Blizzard Financials Reveal Overwatch 2 and Diablo IV Delays

Activision Blizzard announces third quarter 2021 financial results. CEO Bobby Kotick call "strong," while MarketWatch counters by calling the company's outlook "light," a sentiment apparently shared by investors. Word is: "For the quarter ended September 30, 2021, Activision Blizzard’s net revenues presented in accordance with GAAP were $2.07 billion, as compared with $1.95 billion for the third quarter of 2020. GAAP net revenues from digital channels were $1.85 billion. GAAP operating margin was 40%. GAAP earnings per diluted share was $0.82, as compared with $0.78 for the third quarter of 2020. On a non-GAAP basis, Activision Blizzard’s operating margin was 43% and earnings per diluted share was $0.89, as compared with $0.88 for the third quarter of 2020." Gamers are here to share the pain of investors, as this Third Quarter Calendar 2021 Results Conference Call has the bad news that both Overwatch 2 and Diablo IV are being delayed indefinitely. Here's word from COO Daniel Alegre:
While we are still planning to deliver a substantial amount of content from Blizzard next year, we are now planning for a later launch for Overwatch 2 and Diablo IV than originally envisaged. These are two of the most eagerly anticipated titles in the industry, and our teams have made great strides towards completion in recent quarters. But we believe giving the teams some extra time to complete production and continue growing their creative resources to support the titles after launch will ensure that these releases delight and engage their communities for many years in the future.
View : : :
14 Replies. 1 pages. Viewing page 1.
Newer [  1  ] Older
14.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 16:49
14.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 16:49
Nov 3, 2021, 16:49
 
VV was an excellent studio. They did an excellent job with the crash and spyro trilogies. My assumption was they were given the project and its limitations, especially considering they were originally going to have tcp/ip play. I doubt the changes made were theirs to make.
13.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 16:48
13.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 16:48
Nov 3, 2021, 16:48
 
... unexpected duplicate feel free to delete ...
12.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 12:01
Cram
 
12.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 12:01
Nov 3, 2021, 12:01
 Cram
 
Vicarious visions wasn't responsible for the back end architecture and bnet integration. That part was left to Blizzard to develop in-house.

Tired of this apologist s*** - VV is Acti Blizz, and has been for years even if not officially recognized since earlier this year.
They're as much responsible for the state of game as any one or anything else. They (your version of VV) ARE responsible for more than just a graphical overhaul of the game; including testing, fixing, and implementing the back-end for this release.

Edit: hit the wrong quote
11.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 11:15
11.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 11:15
Nov 3, 2021, 11:15
 
VaranDragon wrote on Nov 3, 2021, 05:27:
eRe4s3r wrote on Nov 3, 2021, 05:18:
VaranDragon wrote on Nov 3, 2021, 04:48:
El Pit wrote on Nov 3, 2021, 03:50:
Calling it: Diablo IV will be published by Activision and Blizzard will be gone by then. And D4 will be an MMO with instances for pseudo single-player parts.

Or....they decided to switch development teams. Not a first for Blizzard. Vicarious visions (which recently got integrated with Blizz) seems to be the best bet for taking on Diablo4 development. They did a stellar job with remastering D2, and as such probably have a fundamental understanding of what makes a good Diablo game.

A stellar job? Mhhh. ok.. I wasn't ware you liked queues that much.

Vicarious visions wasn't responsible for the back end architecture and bnet integration. That part was left to Blizzard to develop in-house.

Vicarious visions is an Activision studio, so you are saying Blizzard can't fix their own game? I mean, would not surprise me.
Avatar 54727
10.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 08:19
10.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 08:19
Nov 3, 2021, 08:19
 
They sacked the game director and lead designer so I'm sure that didn't help.
Avatar 50040
9.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 08:15
9.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 08:15
Nov 3, 2021, 08:15
 
Yikes, indefinite delay for Diablo 4?

I wasn't expecting it to be out until like 2023 anyway, but that's slightly depressing.
Avatar 54863
8.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 06:13
8.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 06:13
Nov 3, 2021, 06:13
 
VaranDragon wrote on Nov 3, 2021, 04:48:
El Pit wrote on Nov 3, 2021, 03:50:
Calling it: Diablo IV will be published by Activision and Blizzard will be gone by then. And D4 will be an MMO with instances for pseudo single-player parts.

Or....they decided to switch development teams. Not a first for Blizzard. Vicarious visions (which recently got integrated with Blizz) seems to be the best bet for taking on Diablo4 development. They did a stellar job with remastering D2, and as such probably have a fundamental understanding of what makes a good Diablo game.

Um... how does updating an old game (which still uses legacy code ie: hence all the connection issues), make them well suited to make an all new game?
Avatar 12670
7.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 05:27
7.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 05:27
Nov 3, 2021, 05:27
 
eRe4s3r wrote on Nov 3, 2021, 05:18:
VaranDragon wrote on Nov 3, 2021, 04:48:
El Pit wrote on Nov 3, 2021, 03:50:
Calling it: Diablo IV will be published by Activision and Blizzard will be gone by then. And D4 will be an MMO with instances for pseudo single-player parts.

Or....they decided to switch development teams. Not a first for Blizzard. Vicarious visions (which recently got integrated with Blizz) seems to be the best bet for taking on Diablo4 development. They did a stellar job with remastering D2, and as such probably have a fundamental understanding of what makes a good Diablo game.

A stellar job? Mhhh. ok.. I wasn't ware you liked queues that much.

Vicarious visions wasn't responsible for the back end architecture and bnet integration. That part was left to Blizzard to develop in-house.
Avatar 58327
6.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 05:18
6.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 05:18
Nov 3, 2021, 05:18
 
VaranDragon wrote on Nov 3, 2021, 04:48:
El Pit wrote on Nov 3, 2021, 03:50:
Calling it: Diablo IV will be published by Activision and Blizzard will be gone by then. And D4 will be an MMO with instances for pseudo single-player parts.

Or....they decided to switch development teams. Not a first for Blizzard. Vicarious visions (which recently got integrated with Blizz) seems to be the best bet for taking on Diablo4 development. They did a stellar job with remastering D2, and as such probably have a fundamental understanding of what makes a good Diablo game.

A stellar job? Mhhh. ok.. I wasn't ware you liked queues that much.
Avatar 54727
5.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 04:48
5.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 04:48
Nov 3, 2021, 04:48
 
El Pit wrote on Nov 3, 2021, 03:50:
Calling it: Diablo IV will be published by Activision and Blizzard will be gone by then. And D4 will be an MMO with instances for pseudo single-player parts.

Or....they decided to switch development teams. Not a first for Blizzard. Vicarious visions (which recently got integrated with Blizz) seems to be the best bet for taking on Diablo4 development. They did a stellar job with remastering D2, and as such probably have a fundamental understanding of what makes a good Diablo game.
Avatar 58327
4.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 03:50
El Pit
 
4.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 03:50
Nov 3, 2021, 03:50
 El Pit
 
Calling it: Diablo IV will be published by Activision and Blizzard will be gone by then. And D4 will be an MMO with instances for pseudo single-player parts.
"There is no right life in the wrong one." (Theodor W. Adorno, philosopher)
"Only a Sith deals in absolutes." (Obi-Wan Kenobi, Jedi)
3.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 3, 2021, 01:10
3.
Re: Overwatch 2 & Diablo IV Delayed Nov 3, 2021, 01:10
Nov 3, 2021, 01:10
 
tHIS is what happens when minimum wage is 15.00
Avatar 15164
2.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 2, 2021, 23:37
Jivaro
 
2.
Re: Overwatch 2 & Diablo IV Delayed Nov 2, 2021, 23:37
Nov 2, 2021, 23:37
 Jivaro
 
I think the delay is good for the employees, who could probably use some good right about now.
Avatar 55841
1.
 
Re: Overwatch 2 & Diablo IV Delayed
Nov 2, 2021, 21:12
Cram
 
1.
Re: Overwatch 2 & Diablo IV Delayed Nov 2, 2021, 21:12
Nov 2, 2021, 21:12
 Cram
 
Shocking..
14 Replies. 1 pages. Viewing page 1.
Newer [  1  ] Older