There are some big video game publishers out there, but none as big and successful as Activision. Founded in 1979, Activision now posts net revenues of $1.5 billion for the 2007 fiscal year, which ended in March. The current fiscal year can see only an upward progression in revenues, especially considering the fact that Activision was ranked the #1 publisher of console and handheld video games from January to November consecutively.
What better way to close out your success than with the releases of both Call of Duty 4: Modern Warfare and Guitar Hero III: Legends of Rock, ranked #1 and #2 best selling titles respectively in dollars across all platforms. Guitar Hero continues to be the #1 best-selling franchise in the U.S. since January, according to the NPD Group.
"We continue to see strong consumer response to our wholly owned and internally developed titles — Guitar Hero III: Legends of Rock and Call of Duty 4: Modern Warfare," said Robert Kotick, Chairman and CEO, Activision, Inc. "We are well positioned to continue our leadership position through the remainder of the year and are on track to delivering another record year of revenue growth and the most profitable year in our history."
According to NASDAQ, "The company increased its market share for the eleven month period to a record 16.8%, a 7.9% increase over the same period last year."
It’s always nice to see whole-hearty publishers really knocking the ball out of the park, and we can all agree that Activision’s latest games were nothing but pure fun. EA however is getting a bit scared, because with Activision being such a huge success this year, their competition is getting stronger. The recent merger with Vivendi Studios might just make Activision the next "supreme powerhouse", taking away the title from EA themselves.
