Former Disney exec Jessica Martinez joins Blizzard as the company's first head of culture. She will solve workplace problems. This appointment is from Blizzard's efforts to create an "more inclusive, diverse and inclusive work environment that allows everyone at any level are encouraged to grow, learn and bring their most creative themselves to their work," the company said in a statement.
Martinez worked for 14 years at The Walt Disney Company, where she served as chief of staff and key strategic advisor. She was in charge of the strategy and communications department, as well as employee engagement."When you create a "people first" atmosphere where teams feel secure valued and appreciated, and work together toward a shared purpose and success, everyone benefits -- the employees, the players, and the business," she added.
Activision Blizzard cites Microsoft deal and lower Call of Duty sales as reasons for the decline in revenues. Blizzard has released its financial report for the initial quarter of 2022. The company saw its revenues and net income decrease year-over-year due to the lower Call of Duty sales and the Microsoft deal being mentioned as the reasons.The company's net profits were $1.77 billion in the year-end, which is down 22.2 percent year-over-year.
Microtransactions, subscriptions, licensing royalties as well as other downloadable content represented 78% of the total.The net income of ActivisionBlizzard was $395 million and is lower than 36.1 percentage from year-to-year.The company has reported lower profits from Call of Duty, product cycle timing at Blizzard as well as an Cheap D2R Items "increase in professional and legal fees which is mainly due to the costs of our proposed deal with Microsoft," among reasons behind the decline.
Martinez worked for 14 years at The Walt Disney Company, where she served as chief of staff and key strategic advisor. She was in charge of the strategy and communications department, as well as employee engagement."When you create a "people first" atmosphere where teams feel secure valued and appreciated, and work together toward a shared purpose and success, everyone benefits -- the employees, the players, and the business," she added.
Activision Blizzard cites Microsoft deal and lower Call of Duty sales as reasons for the decline in revenues. Blizzard has released its financial report for the initial quarter of 2022. The company saw its revenues and net income decrease year-over-year due to the lower Call of Duty sales and the Microsoft deal being mentioned as the reasons.The company's net profits were $1.77 billion in the year-end, which is down 22.2 percent year-over-year.
Microtransactions, subscriptions, licensing royalties as well as other downloadable content represented 78% of the total.The net income of ActivisionBlizzard was $395 million and is lower than 36.1 percentage from year-to-year.The company has reported lower profits from Call of Duty, product cycle timing at Blizzard as well as an Cheap D2R Items "increase in professional and legal fees which is mainly due to the costs of our proposed deal with Microsoft," among reasons behind the decline.