After Diablo-4 shift: Blizzard suffers financial setback

Activision Blizzard, Inc., formerly called Activision, Inc. (NASDAQ: ATVI), is an US video game business that has Activision (Maker of the Phone Call of Obligation Saga, Guitar Hero, Tony Hawk and Skylanders to name a few) and Blizzard Enjoyment (Developers by Globe of Warcraft, Diablo, Starcraft, Overwatch among others). Since its fusion in 2008 as well as subsequent purchase by Tencent Holdings, Activision Blizzard has come to be one of the most essential Third-Party for the USA as well as worldwide, attaining a market capitalization of 49 billion bucks.

The recently published Financial Report of Activision Blizzard not only included the shift of Diablo 4 and Overwatch 2, but also revealed a loss of active players. News, which in total the stock price of the company did not very well.

Update of 4 November 2021:

Active price from Blizzard falls

Publisher Activision Blizzard is currently struggling with a variety of problems. After a lawsuit by an American federal authority in July 2021, some leaders must leave the company. After further outlets, the message is now that the releases of Diablo 4 and Overwatch 2 are still in far away. As far as new content is concerned, there is ebbe at Blizzard.

In addition, a decline in active players and players from 13 percent to 26 million within one year (numbers relate exclusively to Blizzard Games, not Activision). This is from the current financial report of Activision Blizzard. After the publication of the report, the stock fell by more than ten points and marks the strongest burglary in the last six months. Incidentally, the action for discrimination and sexism had far less impact on the share price.

Bexzard should slowly do something:

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Diablo 4 DELAYED; Blizzard co-leader QUITS Daniel Hartmann

Original report from 3 November 2021:

Diablo 4: Blizzard plans significantly later release

If you are already waiting eager to Diablo 4, Blizzard has a bad news for you. The release window was moved backwards because the game requires even more development time. Incidentally, you divides the fate with the Overwatch fans.

Neither for Diablo 4 nor for OverVATCH 2 There has been an official release date so far, yet Blizzard moves its own plans backwards. In the current financial report of Activision Blizzard, the company explains that in the coming year, while the content of Blizzard is to be expected, but the two continuations will probably not belong.

Diablo 4 and OverVATCH 2 are postponed

There are still no concrete dates before, but it is not expected that one of the two games appear in 2022. It is much more likely that the releases will be made only in 2023 or later. The presentation of the financial report states:

While we continue to plan to publish a large amount of content of Blizzard next year, we are now planning a later release of OverVATCH 2 and Diablo 4 as originally intended. (Source: Activision Blizzard).

Although the teams have made great steps towards completion of both projects, but it lacks time to focus on the contents that should appear after the launch. Blizzard wants to make sure that the communities have games in both for both years.

Why the shift?

The need for more development time should also be caused by the changes in some leadership positions. So it says at Blizzard:

While we worked with new leadership at Blizzard and the franchises, especially in some supporting creative roles, it has become clear that part of the planned blizzard content for the coming year is needed even more development time to get full potential unfold. (Source: Activision Blizzard)

This refers to the departure of Game Director (Diablo 4) Louis Barriga in August 2021 in the course of the lawsuit that promotes the company a major problem with discrimination and sexual harassment. The Overwatch team also lost Game Director Jeff Kaplan in April 2021 and in September Executive Producer Chacko Sonny.

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The year 2022 looks rather pale, which concerns new games of Blizzard. However, the shifting of Diablo 4 and Overwatch 2 is not too much surprise, the company struggles with regard to a court suit with completely different problems.

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