Electronic Arts Inc. Reports its Shares to Plunge by 8%
Submitted by Justin Sorkin on Tue, 02/09/2010 - 18:13The Redwood City, Calif., based publisher of popular videogame titles, like "The Sims" and "Madden NFL", Electronics Arts, on Monday extended a disappointment among investors, revealing that its earnings in its current quarter would likely be half of what analysts estimated.
Performance Outlook Pulled Back by Electronic Arts Once Again
Submitted by Amandeep Dhaliwal on Tue, 01/12/2010 - 14:46Giant publisher of video game titles, Electronic Arts has again pulled back its outlook for the 2010 financial year, mainly on the back of weaker-than-expected sales over the holiday period in Europe and a shift-over to its lower-margin distribution units.
EA shuttering its game developer Pandemic Studios
Submitted by Amandeep Dhaliwal on Wed, 11/18/2009 - 11:28According to reports, two years after the $775-million acquisition of Westwood-based game developer Pandemic Studios and its sister concern Bioware, Electronic Arts (EA) is shuttering Pandemic, thereby resulting in the elimination of 200 jobs. The firm's core team, comprising nearly 25 members, will join the video game publisher's other Los Angeles studio.
Social Networking Games Creator Playfish Acquired by EA
Submitted by Amandeep Dhaliwal on Tue, 11/10/2009 - 10:19In a deal which has cost Electronic Arts $275 million in cash, the giant video games maker has acquired Playfish, creator of popular social networking games like "Who Has the Biggest Brain" and "Pet Society". With the acquisition, EA is now looking to break into the online gaming scene, as dwindling customer confidence has hurt off-the-shelves video games sales.
John Schappert is heading back to Electronic Arts
Submitted by Amandeep Dhaliwal on Fri, 06/19/2009 - 08:52Former executive of a San Francisco developer of casual video games, Electronic Arts Inc., John Schappert, is heading back to the company as chief operating officer from Microsoft Corp., where he was corporate vice president of the company.
Schappert had left Electronic Arts Inc. in 2007.
“Sims 3” – EA’s latest chartbuster game with 1.4 million first-week sales
Submitted by Justin Sorkin on Wed, 06/10/2009 - 15:44According to a recent announcement by the publisher of the popular video game franchise "The Sims", Electronic Arts Inc (EA), "Sims 3" is the latest EA chartbuster game - with more than 1.4 million PC and Mac sales in the first week of its launch!
Will Wright quits EA to head his entertainment “think tank” Stupid Fun Club
Submitted by Manjinder Singh on Thu, 04/09/2009 - 11:05After twelve years of his association with Electronic Arts (EA), well-known game designer Will Wright has decided to quit the company, and head the Stupid Fun Club - an entertainment "think tank" that develops content for diverse platforms like video games, television, movies, the Internet, toys and other entertainment products.
Electronic Arts’ Sports Active fitness title and iPhone games in the offing!
Submitted by Manjinder Singh on Fri, 03/13/2009 - 20:54The newly-exhibited sports games in the offing from Electronic Arts have been created with the aim of catering to the interests of a more diverse range of buyers. The "transforming the business and innovating" move appears to be EA's aggressive growth attempt.
Electronic Arts announces Battlefield: Bad Company 2 and Battlefield 1943
Submitted by Justin Sorkin on Fri, 02/06/2009 - 09:07It’s good news for the gamers who were eagerly watching EA and DICE for new releases. Electronic Arts (EA) and Digital Illusions Creative Entertainment (DICE), on Thursday, announced two new games, Battlefield: Bad Company 2 and Battlefield 1943.
EA acquires Korean-PC game developer firm J2MSoft Inc.
Submitted by Amandeep Dhaliwal on Wed, 12/03/2008 - 22:41Electronic Arts Inc., the world's leading independent developer and publisher of interactive entertainment and games software for console systems has announced the acquisition of J2MSoft Inc. (J2M), a Korean developer of PC online games.
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