This excerpt taken from the ATVI 8-K filed May 4, 2006.
Other business highlights are as follows:
During the fiscal year, Activision signed four exclusive long-term licensing agreements and acquired two development studios. These initiatives will allow the company to plan its game slate three to five years in advance and make prudent investments that may facilitate future growth.
Activision Reports Fiscal Year 2006 Earnings Results
In fiscal 2006, Activisions European publishing net revenues grew 18% to more than $400 million. The company sells direct to retail in the seven largest European markets UK, France, Germany, Benelux, Nordic, Spain and Italy and during the fiscal year added Austria. Through its direct model, Activision is increasing volume, market share, retail presence, customer relationships and logistic and financial efficiencies.
For the first quarter of fiscal 2007, Activision will release games based on two highly anticipated summer movie releases, DreamWorks Animations Over the Hedge and Twentieth Century Fox and Marvel Studios X-Men: The Last Stand.