Activision Blizzard re-commits to change during Q2 earnings call

Activision Blizzard shared its Q2 2022 financial results on Tuesday, the beginning fiscal results the visitor released since the onset of the ongoing lawsuit. The lawsuit alleges sexist workplace behavior and systemic abuse at the company. Post-obit a contempo employee walkout, it was appear on Tuesday earlier the release of the fiscal results that Blizzard president J. Allen Brack was stepping down.

Brack is replaced by Jen Oneal and Mike Ybarra, who volition be co-leading Blizzard Amusement moving forward. During the conference call accompanying the financial results, Activision Blizzard reiterated CEO Bobby Kotick'due south earlier comments that each merits would exist investigated and that any managing director or leader found to accept "impeded the integrity of our processes" would be terminated. Earlier on Tuesday, Activision Blizzard employees noted that their demands take not been listened to by leadership.

"Nosotros so capeesh the current and former employees who take come forward with courage," Kotick says.

"If we experience prolonged periods of adverse publicity, significantly reduced productivity or other negative consequences relating to this matter, our business concern likely would exist adversely impacted," the results note.

Looking ahead, Activision Blizzard expects a potent 18-month period, as information technology reiterates the upcoming launch of Diablo 2: Resurrected on September 23. The company is still planning to launch the adjacent Call of Duty title in the fourth quarter of 2022, reiterating that the game is led by Sledgehammer Games and noting that "we believe this release will be incredibly well received."

Mobile championship Diablo Immortal has been moved from a launch in the second one-half of 2022 to sometime in 2022. Overwatch ii has passed an "important milestone" and is currently approaching the "later stages" of development. Diablo 4 is as well in agile development, with the development team working on additional in-game content to drive date only in that location is no update as to when the game might launch.

The company reported net bookings of $1.92 billion for the quarter, down slightly year-over-twelvemonth compared to $ii.08 billion in Q2 2022.

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