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The record $5.9bnbuy-outby Activision was just about the only positive number for King last year. The Candy Crush studio has revealed its latest financials, which show that annual profit for 2015 dropped by a tenth to land at $517 million. Meanwhile, revenues were down 12 per cent to $2 billion. …
Read More »Candy Crush creator King sees finances tumble in 2015
Newly Activision-owned studio’s profit drops 10 per cent as revenue similarly falls 12 per cent
Read More »Finding new flavours for Candy Crush
King producer Andreas Olofsson tells us how his team mixes up the match three mechanic with each new release
Read More »Sweet like Candy: King’s plans to grow beyond Candy Crush
A shock announcement from November 2015 was that Activision Blizzard is to acquire mobile company King.com. And even more eye-opening was that the Call of Duty publisher is spending $5.9bn to buy the Candy Crush maker. Just to put that into perspective: Disney purchased the Star Wars franchise from LucasFilm …
Read More »King developing its first mid-core mobile title
Casual specialist working on potential rival to Clash of Clans and Game of War
Read More »Candy Crush revenue down as King’s mobile hit matures
Though it has been a good week for King following its purchase by Activision Blizzard, the firm’s financial report for Q3 is probably not as sweet as it might like. The firm recorded $480m in revenue for the third quarter, a drop of $35m or seven per cent year-on-year. Meanwhile, …
Read More »Activision stock price closes 7.5% up following King purchase
Activision Blizzard’s share price reached a record high following the announcement it will be acquiring Candy Crush company King. The publisher’s stock price reached $37 at lunch yesterday (Tuesday November 3rd), and closed at $35.82 at the end of trading. That is 7.5 per cent higher than its opening price …
Read More »Pachter: ‘King deal is a refreshing move by Activision’
Games industry analyst Michael Pachter has praised Activison Blizzard’s purchase of King as a solid strategy for breaking into the mobile market. The major acquisition was revealed earlier today, and will finalise in Spring of next year. The deal is a good one if you believe that King has a …
Read More »IHS: Activision-King deal provides short-term boost, less beneficial in the long run
Market analyst IHS Technology has questioned the long-term benefits of Activision Blizzard’s acquisition of Candy Crush firm King. The Call of Duty, Warcraft and Destiny publisher announced its plans to purchase the mobile giant for $5.9 billion earlier today. IHS director and head of gamesPiers Harding-Rollssuggested that the move was …
Read More »Activision Blizzard to buy King for $5.9bn
Acqusition expected to be completed by spring 2016
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