The Hell-action role-playing game was launched by Activision Blizzard on June 6 amid the failed Microsoft acquisition.
Activision Blizzard Inc. (NASDAQ: ATVI), an American video gaming developer and publisher, announced that Diablo IV, a multiplayer role-playing game available on multiple platforms, has become the best-selling opening in its history. According to the company, Diablo IV sold a record $666 million in its first five days of launch. The public beta of the latest Diablo series has been running since March this year and Computerworld felt confident to bring it to the general market on June 6th.
Interestingly, Heroes of Sanctuary, the world in which Diablo is set, has already played over 276 million hours, which represents over 30,000 hellish years. The high interest in Diablo IV is a clear proof that the developers and creators of the company are well encouraged to create more engaging games. moreover, Microsoft Corporation (NASDAQ:MSFT) intends to acquire Activision Blizzard for $70 billion, but the Federal Trade Commission (FTC) is against the move for anti-competitive purposes.
“Diablo IV is a result of our incredible teams working together to create and support genre-defining games, build legendary worlds, and inspire memories that last a lifetime. We are humbled by the response, proud of the team, and committed to listening to our players and ensuring that Diablo continues to exceed expectations for years to come,” said Mike Ybarra, president of Blizzard Entertainment. noted,
Keynotes for Diablo IV and Activision Blizzard
Since the launch of the Diablo IV game, over 276 billion demons have been killed, which is approximately 35 times the global population. Reportedly, Diablo IV players have been defeated over 316 million times. Thereby, over 5 million of those conquests were in Butcher’s hands. Interestingly, about 163 Diablo IV players have made it to the maximum level in Hardcore mode, where death is permanent.
Welcome to the hell.#DiabloIV Available now. pic.twitter.com/qGGryLBX25
— Diablo (@Diablo) June 6, 2023
Activision Blizzard was a few million closer to breaking previous records in gaming opening sales. Back in 2013, Take-Two’s Grand Theft Auto V reported total sales of nearly $1 billion in three days. Five years later, the same company reported that its Red Dead Redemption surpassed $725 million in sales in its first three days.
Nonetheless, Activision Blizzard continued to outperform the digital entertainment industry, with a market capitalization of approximately $63.44 billion. As per the latest stock market data, ATVI shares gained 7.8 per cent last year and others 6.11 per cent.
The company is actively competing with Web3 Famifi projects in which their players are financially involved. As a result, Activision Blizzard’s stock received an average price target of $91.14 from 23 ratings.
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