Poetry is a form of literary art which uses aesthetic and rhythmic qualities of language to evoke meanings in addition to, or in place of, prosaic ostensible meaning. Poetry has traditionally been distinguished from prose by its being set in verse; prose is cast in sentences, poetry in lines; the syntax of prose is dictated by meaning, whereas that of poetry is held across meter or the visual aspects of the poem. Prior to the 19th century, poetry was commonly understood to be something set in metrical lines; accordingly, in 1658 a definition of poetry is “any kind of subject consisting of Rhythm or Verses”.
Possibly as a result of Aristotle’s influence (his Poetics), “poetry” before the 19th century was usually less a technical designation for verse than a normative category of fictive or rhetorical art. As a form it may pre-date literacy, with the earliest works being composed within and sustained by an oral tradition; hence it constitutes the earliest example of literature. Prose is a form of language that possesses ordinary syntax and natural speech rather than rhythmic structure; in which regard, along with its measurement in sentences rather than lines, it differs from poetry. On the historical development of prose, Richard Graff notes that “[In the case of Ancient Greece] recent scholarship has emphasized the fact that formal prose was a comparatively late development, an “invention” properly associated with the classical period”.
For investors, the growing audience for Acvitision’s leading game franchises and increasing engagement levels are good news
The growing demand for interactive entertainment content and the rising popularity of e-sports have been attracting investors to gaming stocks. The market is quite upbeat about Activision’s e-sports franchise Overwatch League, which earned the company’s stock an upgrade from a leading analyst this week. Of late, Activision’s aggressive digital push, like the expansion of digital subscription services and release of more titles online for download, is yielding the desired results.
The rapid digital expansion and the strong revenue growth in that segment are expected to continue in the near term, considering Activision’s pioneering online prowess that gives it an edge over competitors. It is estimated that its e-sports audience nearly doubled in the past two years, adding to the long-term growth prospects.
While operating margins are seen hovering near the recent highs, heavy investments in the digital-sales platform and e-sports leagues could drag the profitability.
Among Activision’s competitors, California-based Electronic Arts (EA) reported rather unimpressive results for its first quarter, when both earnings and revenues witnessed a sharp decline. Meanwhile, Take Two Interactive (TTWO) is slated to announce results for the most recent quarter Wednesday after the closing bell.
It has been a rollercoaster ride for Activision shareholders so far this year when the shares gained nearly 15% and hit an all-time high in mid-July. When the market closed today, the stock rose 0.92% to $73.42.