Activision's Gamble: It's ‘Destiny'

Today we’re discussing ‘Destiny,’ the upcoming MMO shooter from Bungie, creators of the ‘Halo’ series. Activision, the publishing company behind Destiny, has invested $500 million in the game, but will their gamble pay off? Thanks for watching the show. You can follow us on Facebook and Twitter @IBTimesTV.

Related Videos

  • Destiny - Activision's $500m Gamble

    Destiny is one of the most eagerly-anticipated video games in history and has cost Activision £310m to develop and promote.

  • 'Destiny' Lifts Activision

    Activision Blizzard, the publisher of popular video games Destiny and Warcraft, seems to be getting the fun back. The company made more than $1.1 billion in sales in the most recent quarter, easily beating every expectations. Profit for the quarter came in at 23 cents a share, which topped forecasts by a dime. Activision said that about 70% of its sales came from online, including full game downloads and additional game content.

  • Activision Blizzard Sees Strong Sales as Destiny Outperforms Expectations

    Activision Blizzard made a bet that Destiny, a new sci-fi video game that blends shooter games with multiplayer titles played exclusively over the Internet, would prove a success. And now that bet is starting to pay off.The game maker and publisher reported fiscal third-quarter earnings Tuesday, and sales and profit exceeded Wall Street's estimates. Sales rose 78 percent from a year ago, while profits per share nearly tripled, each after adjustments for deferred revenue and other items.

  • Activision Blizzard Profit More Than Doubles

    Videogame maker Activision Blizzard, known for its "Call of Duty", "Destiny" and "World of Warcraft" titles, forecast revenue for the first quarter below average analyst expectation, factoring in the impact of a strengthening dollar. The dollar had risen 15.6 percent in the past six months, up to Wednesday's close. The company forecast adjusted profit of 5 cents per share and adjusted revenue of 640 million. Analysts on average were expecting profit of 18 cents and revenue of $777.7 million.

  • ‘Destiny' Will Have A Beta In Summer

    Welcome to 60 Sec Tech - one minute of what you need to know in the tech world. Today, Activision announced the existence of the “Destiny” beta to be released ahead of the  confirmed September 9th full retail version. There's no word on an official day for the beta opening, but Activision promised it would be in the summer. That does it for today. Stay tuned for another episode of 60 Sec Tech.

  • EA, Activision Blizzard Sales Beat Targets, Shares Rise

    Video game publishers Electronic Arts and Activision Blizzard Inc posted quarterly profit and revenue that beat expectations on Tuesday, sparking a rally in their shares. On Nasdaq, Electronic Arts rose 15 percent after closing at $28.05, and Activision climbed 4 percent after closing at $19.31. Electronic Arts also said it will set aside $750 million for a new share repurchase program.

  • Activision Sale - Game Over

    Vivendi wants to sell its stake in Activision, but a judge wants shareholders to get a vote. Paul Whitfield thinks its just a delay.

  • Activision Blizzard Has Another Successful Quarter

    Activision Blizzard announced strong earnings for the financial quarter ending December 31, 2014. With Non-GAAP revenues coming in at $2.2 billion USD, the quarter met the company's expectations announced in November of last year.

  • Activision Buys Out Vivendi

    Investors are cheering as if they'd won the war. Activision Blizzard, the maker of war-simulation game Call of Duty, won independence from France's Vivendi. Activision and its management are buying the bulk of Vivendi's stake in the company for $8.2 billion.

  • Activision Blizzard Spikes on Strong Sales of Latest Call of Duty

    Shares of Activision Blizzard (ATVI) spiked after announcing strong holiday sales results on Friday, making it TheStreet's Move of the Day. The stock rose to its highest in more than eight months, due to strong sales of 'Call of Duty: Advanced Warfare'. The title was also the top-selling console video game worldwide last year.

  • Friday, July 26: Activision Survives!

    Paul Vigna joins Rolfe Winkler to discuss three stocks traders will be watching during market action, including Activision, Facebook, and Amazon. Photo: Getty Images.

  • Vivendi Sells Bulk of Activision Stake

    Blockbuster video games played the world over - the likes of World of Warcraft and Call of Duty are worth billions. Now French media giant, Vivendi, is selling the bulk of its stake in the creator of those games, Activision Blizzard. It's letting go of an 85 per cent stake for $8.2 billion - at $13.60 per share that's a ten per cent dicount on Thursday's closing price.

Other Advice Videos