Good news for the Blizzard arm of Activision Blizzard Inc, with their new Fourth Quarter Financial Report 2011 showing only 100,000 subscribers had left this quarter, compared to the third quarter which had losses of 700,000+.
Chief Executive Bobby Kotick told Reuters in an interview that Wall Street has overacted to declines in that business. He said the content update of the game in late November helped keep players on board.
"When we introduced the content patch we thought the numbers would stabilize and they have," he said in an interview.
The company ended the quarter with 10.2 million "World of Warcraft" subscribers, which is down from 10.3 million from the previous quarter.
The net loss of 100,000 subscribers is smaller than the 700,000 subscribers it lost during the third quarter.
There's also a note on IncGamers
from the company's post-earnings conference call, where Mike Morhaime announced Diablo III is now due in Q2 of this year, saying:
"We have implemented changes which will greatly improve the game experience and final release will live up to the highest expectations. We expect launch to be a big opportunity for Blizzard. More details will be announced in the coming weeks."
As well as the awesome Diablo 3 news, Bobby Kotick, CEO of Activision Blizzard has also let slip that the company is preparing for a new Call of Duty to be released in 2012, which isn't that much of a shock.
Check out the screenshots below of three slides showing Diablo 3's release date, a new Call of Duty and Activision Blizzard Inc. highlights. If you want to read the financial report or listen to the conference call, head over to the event page
, where you will need to sign up.