According to the analyst firm Stern Agee, the games megacorporation Activision-Blizzard makes a lot of money. No surprise there, with franchises like Call of Duty and Guitar Hero backing their finances. What really makes their bottom-line work, though, is apparently the mightiest MMO on the planet. According to an analyst at the firm, World of Warcraft is backing a full half of the company's stock price. That is, above and beyond the actual revenue the game pulls down the game is responsible for $400 million of the company's share price.
Despite a few reservations and a belief that the company is currently over-valued, the analysis firm believes the house that WoW built is one of the soundest games industry investments in these troubled times. The full post at Edge Online has details, if you're thinking about combining your love of the Lunar Festival event with online trading.
Reader Comments (3)
Posted: Jan 30th 2009 5:30PM TheJackman said
Thats not a good thing for Activision-Blizzard! WoW is a good game but they need get some other games going like 50% of your company's stock price just rest on one game you really want to take down that number and have some other games on the list!
Posted: Jan 30th 2009 6:01PM Wilhelm2451 said
Ouch! WoW is great and Blizzard has a star team, but that is out of balance. It does not take a stretch to predict panic at Actiblizzion if that percentage does not go down significantly before WoW peaks. And WoW will peak some day.
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