Electronic Arts
Electronic Arts Cancels Upcoming ‘Star Wars’ Game, Plans to Cut More Than 650 Jobs
Video game publishing giant Electronic Arts is the latest gaming company to slash its workforce. The company announced the restructuring plan Wednesday, telling employees that it would be shedding about 5 percent of its workforce, or more than 650 jobs. “While not every team will be impacted, this is the hardest part of these changes, […]
- By
Electronic Arts CEO Andrew Wilson Sees 2023 Pay Package Rise to $20.7M
Amid rumors about future M&A involving the company, Electronic Arts CEO Andrew Wilson saw his fiscal 2023 compensation package rise slightly to $20.7 million. That’s up from $19.9 million in fiscal 2022, but still down significantly from the more than $39 million he earned in 2021 (that year, shareholders voted no on the company’s “say […]
- By
Electronic Arts Shake-Up: New CFO and Studio Reorganization
Video game company Electronic Arts has shaken up its executive team, including hiring a new chief financial officer, and reorganized the company’s studios under two groups: EA Entertainment and EA Sports. As of June 20, Stuart Canfield has been appointed executive vp, CFO, taking over the role from Chris Suh, who decided to step down […]
- By
‘FIFA’ Game Franchise Drives Electronic Arts Quarterly Revenue Rise
Video game company Electronic Arts saw revenues rise to $1.87 billion in its fourth quarter, compared to a year-earlier $1.82 billion as sales from its EA Sports FIFA franchise soared. At the same time, EA swung to a net loss of $12 million, compared to a year-earlier net profit at $225 million. The company, whose most […]
- By
Electronic Arts Cancels Two Mobile Games, Delays ‘Star Wars Jedi: Survivor’ by a Month
The difficult macroeconomic environment caught up to video game company Electronic Arts in its third quarter. Electronic Arts reported net income of $204 million, up from $66 million in the year earlier period, and total net revenue of $1.88 billion, up from $1.79 billion in the year earlier period, but below expectations of many on […]
- By
Hollywood’s Deal Dilemma for 2023: Go Big or Wait Out the Downturn?
This December, the general mood on Wall Street is that next year will not see an explosion of major transactions along the lines of the ones that created Warner Bros. Discovery (WBD), Paramount Global or Disney’s takeover of large parts of 21st Century Fox assets. After all, companies like the David Zaslav-led WBD are still […]
- By
Ted Lasso, AFC Richmond Team Join EA Sports’ ‘FIFA 23’ as Playable Characters
Who needs the Premier League when you’re joining EA Sports’ hit FIFA franchise? In the upcoming FIFA 23 game, available on Sept. 30, players will get to take control over AFC Richmond — the fictional team in Apple TV+’s Ted Lasso — and their affable coach, as played by Jason Sudeikis. Fan-favorite characters like Roy […]
- By
‘Star Wars Jedi: Survivor’ Video Game Unveiled at Celebration
The long-awaited sequel to Jedi: Fallen Order was unveiled Friday at Star Wars Celebration. Star Wars Jedi: Survivor was teased with a short clip of the story, but no actual gameplay was shown during the four-day convention at the Anaheim Convention Center. Respawn Entertainment, Electronic Arts and Lucasfilm Games pulled the curtain back on Survivor, […]
- By
‘X-Men’ Scribe David Hayter Boards TV Adaptation of EA’s ‘American McGee’s Alice’ Game (Exclusive)
Ted Field’s Radar Pictures has nabbed the rights to American McGee’s Alice, the action-adventure game from publisher Electronic Arts, and attached X-Men writer David Hayter to do a TV adaptation in partnership with Abandon Entertainment. Designed by American James McGee (his first name is, indeed, “American”), the video game franchise includes 2000’s Alice and its […]
- By
Electronic Arts Closes $1.4B Playdemic Acquisition From AT&T’s Warner Bros. Games
Video game giant Electronic Arts has closed the $1.4 billion acquisition of Britain-based mobile games studio Playdemic, known for the Golf Clash franchise, from AT&T’s Warner Bros. Games. It is the latest takeover boosting its sports and mobile business. The cash deal will be “adding to our growing mobile portfolio and expanding our leadership in […]
- By
Electronic Arts Unveils Pledge to Give Developers Access to Accessibility Patents
Video game publisher Electronic Arts on Tuesday unveiled a Patents Pledge, giving developers free access to its accessibility-related patents and technology. The pledge includes five patents including a system used in Apex Legends that assists players with speaking, hearing and cognitive disabilities to communicate with fellow players while they are in the game. Another three […]
- By
Netflix Expands Into Video Games With New Executive Hire
Netflix is expanding into video games and has hired Mike Verdu, a former Facebook and Electronic Arts executive, as its new vp game development, a Netflix spokesperson told The Hollywood Reporter on Wednesday. Verdu was most recently vp content for Facebook Reality Labs, where he oversaw Oculus Studios and the teams that brought second- and third-party […]
- By