Activision is reportedly planning to remaster more games, although specifics aren’t fully detailed as to what these remastered titles happen to be, the company also seems to be swimming in debt.
According to publication site GameRant we learn that Activision will continue updating existing games and adding features to them, shipping out remastered titles of older/existing titles in the near future, and that the company itself, Activision, seems to be $4.4 billion in long-term debt.
Focusing on the company updating existing games and seeking to remaster titles, the publication site notes that Activision expects to draw in new gamers and retain existing gamers during the fiscal year, bringing out games like World of Warcraft: Battle of Azeroth and a new Call of Duty.
In addition to the above, Activision plans to support Overwatch, which is followed by plans of remastering older games:
“…We expect to deliver ongoing content for our various franchises, including expansion packs for Hearthstone and Destiny 2, in-game events for Overwatch, and map packs for Call of Duty: WWII, as well as releases of remastered versions of titles from our library of IP.”
The publication site noted that Activision did not further elaborate what games will receive the remaster treatment, however the site did transition the spotlight on remastered games to Activision seemingly growing debt.
We learn from both the publication site and investor.activision.com that…
“As of December 31, 2017, the Company had approximately $4.4 billion of long-term debt outstanding. Our debt burden could have important consequences, including: increasing our vulnerability to general adverse economic and industry conditions; limiting our flexibility in planning for, or reacting to, changes in our business and our industry; requiring the dedication of a substantial portion of any cash flow from operations for the payment of principal and interest on our indebtedness, thereby reducing the availability of cash flow to fund our operations”.
The debt the publication site reports Activision to be burdened by happens to be around the same amount the company can make through microtransaction services. According to Techspot, the revealed information about Activsion or Activision Blizzard’s live service models, the company managed to accrue $4 billion through net bookings:
“In its latest financial results, Activision Blizzard revealed it made a record $7.16 billion in revenue across the entire fiscal year. $4 billion of that amount came from “in-game net bookings,” which covers loot boxes, sales of DLC, and in-app purchases.”
For a better perspective, Activision Blizzard owns King, which is the company behind a list of mobile games like Candy Crush. King is reported to have pulled in $2 billion from in-game purchases for Activision Blizzard. The other $2 billion is reported to have come from Activision Blizzard’s PC, mobile and console titles.
With all of that said, time will tell what Activision will do about its remastered games and so forth.
