Activision Blizzard bookings beat estimates

Huge market: A college student is seen playing World of Warcraft in Asia. The global video game industry is poised to rebound this year with pent-up demand for games after many anticipated titles were delayed in 2022. — AP

NEW YORK: Activision Blizzard Inc has reported bookings that beat analysts’ estimates on the strength of a new Call of Duty release as well as several other big titles.

The video game publisher, which is in the process of being purchased by Microsoft Corp, reported net bookings rose 43% in the fourth quarter.