First Five Call of Duty League Teams Announced

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InfoTrie also gave news coverage about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Activision Blizzard reported its Q1 2019 earnings on Thursday, citing its profits on esports initiatives and continued support of its core franchises. The plan is to extend its "franchises to mobile where we build on our existing mobile leadership and extend our acclaimed console and PC franchises to the largest and fastest-growing platform". Like Toronto, all four have Overwatch League franchises. The second season of the Overwatch League™ has seen strong growth in viewership, and we're seeing enthusiastic demand for our professional, city-based Call of Duty® league franchises. "We look forward to announcing more details around these cities and other team sales in the coming months". Finally, Stifel Nicolaus decreased their price objective on shares of Activision Blizzard from $57.00 to $52.00 and set a "buy" rating for the company in a research note on Tuesday, February 19th. The stronger user engagement growth was primarily led by the Company's Candy Crush and Call of Duty games.

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Former NFL executive and current head of CWL at Activision has already been named commissioner of the new franchised CoD league. Sterling.VC, c0ntact Gaming, LLC., and OverActive Media will be responsible for said teams, respectively.

Activision Blizzard says that the Call of Duty series has now sold over 300 million games since its start in 2003. Bobby Kotick, CEO of Activision Blizzard, stressed the importance of familiarity in creating the league.

Teams representing Atlanta, Dallas, New York, Paris and Toronto are the first five competitors to be revealed for the new professional Call of Duty league, which is following in the footsteps of Activision-Blizzard's own successful Overwatch League (OWL).

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