If it wasn’t clear before now, Blizzard’s debut on a stock index further goes to show that the game studio is one of the big boys.
Today, the World of Warcraft developer joined the S&P 500 stock market index, replacing Pall Corp in the process. CEO Robert Kotick praised the move, saying, “We believe we are well-positioned for long-term growth, and we look forward to continuing to deliver value to our audiences and investors.”
Despite WoW’s subscription losses, Blizzard posted a healthy $1.04 billion net revenue in the second quarter of 2015.
Source: Gamasutra
