The company is set to release a new "Call of Duty" title in the second half of 2019, while its "Call of Duty" game for mobile phone users is slated for a worldwide launch.
Activision Blizzard post first-quarter 2019 revenues of $1.8 billion, surpassing its February outlook, however misses first-quarter 2018 revenues by 7%. The company reported $1.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.21 by $0.08.
Activision Blizzard said better result is driven by performance to its primary franchises that including Blizzard and Call of Duty games, as well as the company esports businesses with a Call of Duty city-based league and Overwatch League, and the good sale of the action game Sekiro: Shadows Die Twice.
This may be the case this year as well, though Activision could always host an E3-adjacent event specifically for Call of Duty.
"We're building this league for fans across esports, traditional sports and gaming alike - and we're excited to partner with individuals and organisations who are just as passionate about our vision for the future of Call of Duty esports".
Moreover, all five organizations are also owners of teams in the Overwatch League, which Kostick has revealed to have been done by design, as they would "recognize the scale of opportunity from their partnerships with us on the OWL". Bobby Kotick, CEO of Activision Blizzard, stressed the importance of familiarity in creating the league. Activision Blizzard had a net margin of 24.16% and a return on equity of 17.55%.
In the latest earning calls, Blizzard revealed that the game will be revealed before the end of the current fiscal quarter which means an announcement will be made before the 30th of June.
The company will continue to charge a premium upfront for AAA releases but is continually evaluating each franchise's business model, investors were told, referring to free-to-play (F2P) and DLC (downloadable content).