Blizzard won’t have any new games in 2019, but it is working on a lot of new stuff. Expect more World of Warcraft and Diablo soon.
Activision Blizzard revealed today it is cutting jobs as part of its plan to deal with a disappointing outlook for fiscal 2019. One of the major reasons Activision expects sales to decline 13 percent year-over-year is Blizzard Entertainment. The World of Warcraft studio is traditionally a bright spot for Activision, but it expects the studio to make less money over the next 12 months.
In 2018, Blizzard launched World of Warcraft’s seventh expansion, Battle for Azeroth. That helped boost the company’s sale, but the developer does not have anything like that in fiscal 2019. Activision told investors that Blizzard is the biggest reason it expects revenue declines.
“For Blizzard, we expect materially lower financial performance this year,” Activision’s new chief financial officer, Dennis Durkin, told investors.
