Our latest coverage of Electronic Arts. 2r713e
2021 has been a great year for Electronic Arts Entertainment as shown in their Q3 2022 financial report. According to the report, the fiscal quarter ending in December 31, 2021 was the company’s biggest quarter to date with a total net revenue of $1.789 billion, up by 6.9% quarter-over-quarter. Net revenue for the whole of 2021 also saw a 22% [...]
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Electronic Arts was apparently working on a Harry Potter MMO between 2000 and 2003 but ultimately decided to Avada Kedavra the title. Former EA Director of Product Marketing Kim Salzer revealed that the game had made it to beta testing before it was scrapped due to undisclosed changes within the company and an overall lack of faith in the popularity [...]
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Apex Legends Lead Game Designer Daniel Klein has been fired by Electronic Arts and Respawn Entertainment mainly due to sexist remarks he made in a blog post titled “I am Daniel’s Angry Rant” which he published back in 2007. According to GamesIndustry.biz, the blog post contained comments that women are naturally irrational and that the XX chromosomes are “moron chromosomes.” [...]
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Electronic Arts fell victim to hackers earlier this week, with the perpetrators managing to steal over 780 gigabytes (GB) of data, including Frostbite source code. The Frostbite game engine powers multiple EA games, including the Battlefield, FIFA, and Madden series of games, among others. The hackers also claimed to have stolen FIFA 21 dev tools and matchmaking server codes for [...]
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With just a few months until the promised Battlefield 6 holiday 2021 release, Electronic Arts is under pressure to deliver a polished game, especially with the Cyberpunk 2077 fiasco fresh on every gamer’s mind. To accomplish this, the publisher has given DICE extra manpower by pulling Criterion Games developers working on Need for Speed and reasg them to Battlefield 6. [...]
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And so the age-old tale of big companies gobbling up smaller ones continues. Electronic Arts has just announced that they’ve reached an agreement with Glu Mobile to acquire the American mobile games developer for $2.1 billion. Glu shareholders will receive $12.50 for each share which, according to GamesIndustry.biz, is a 36% over Glu’s closing stock price last Friday. The [...]
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Another round of video game companies have announced the cancellation of their events in light of the COVID-19 global outbreak. First up is Swedish video game developer Mojang. The Minecraft developer has decided to cancel this year’s Minecraft Festival in Florida. The decision to postpone the event wasn’t a direct result of the outbreak, but because the planning had to [...]
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Over the past few weeks, several big-name video game companies announced their decisions to withdraw from this weekend’s PAX East conference in Boston due to the looming threat of the COVID-19 virus. The growing list of companies that have decided to skip the convention include Capcom, Square Enix, Sony Interactive Entertainment, and more recently, CD Projekt Red and PUBG Corp. [...]
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Nexon has been on sale for some time now and all eyes are on who will be bidding for controlling shares of South Korea’s largest gaming company. Last week, Netmarble and Kakao Games backed by Tencent submitted their bids for the Korean gaming giant. According to VentureBeat Amazon, Electronic Arts, and Comcast have also just ed the bidding war. Other [...]
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Electronic Arts’ stock prices dropped a whopping 18% last week following the release of the company’s less than stellar Q3 financial report. According to VG 24/7, the stock price drop was EA’s lowest in over decade. The company's stock prices, however, seem to have recovered in the wake of Apex Legend’s surprise release and is now doing better than it [...]
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