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However, it said it “remains cognizant of risks including those related to the labor market and economic conditions.” The Santa Monica, California-based publisher increased developer headcount by 25% from a year earlier, in part due to acquisitions of the Boston-based game company Proletariat, which will assist on World of Warcraft expansions, and Sweden-based AI company Peltarion.

Diablo IV will be out next year, the company said.

4 and Dragonflight, a new expansion for the online game World of Warcraft, later this year.

They have sold more than 400 million units since the series began in 2003.Īctivision said it will also release the Blizzard games Overwatch 2 in early access on Oct. Call of Duty is Activision's biggest video game series and the titles regularly top yearly sales charts. The next mainline game in the series, from the Treyarch studio, is planned for 2024. Activision will instead release add-ons for Modern Warfare and other Call of Duty related content. But the series will then skip 2023, Bloomberg has reported. Spending in the video game industry is expected to drop 8.7% this year, according to a report from the analytics firm NPD Group.Īctivision said it expects revenue and earnings per share to “remain lower year-over-year in the second half.” The shares were up less than 1% in extended trading at $80.45.Ĭall of Duty Modern Warfare II, a new entry in the series, will be released on Oct. Interest in gaming has also cooled off as pandemic stay-at-home orders lifted and people resumed outside interests and activities. The video game industry has faced a sluggish year as it deals with hardware supply chain issues affecting consoles, inflation and a lack of big hits.

Activision didn't give revenue figures for the new Diablo game on Monday. delayed Diablo Immortal's launch in the world's biggest mobile app market by about a month, saying it needed additional time. Activision's Chinese partner NetEase Inc. During the second quarter, Activision's Blizzard division released Diablo Immortal, a new mobile entry in the action series.

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