MCV/DEVELOP News, events, research and jobs from the games industry
Wedbush analyst Michael Pachter has given his verdict on whether EA will end up buying Take Two this week – and so long as the Rockstar parent is ‘reasonable’ he believes it’s likely to go ahead. EA’s $2 billion tender bid for Take Two is set to expire on Friday, …
Read More »EA: ‘We’re US and Europe’s No.1 publisher’
Electronic Arts has revealed that it took 20 per cent of all software sales in Europe in the last year – and 19 per cent in the North America. The company said the success makes it the leader in the independent publisher sales chart on both sides of the Atlantic …
Read More »EAs Q4 earnings call in full
The full transcript of EA’s earnings calls following the announcement of its Q4 and full year fiscal results is available online now . In the discussion with investors, EA CEO John Riccitiello, CFO Eric Brown, COO John Pleasants and more top execs discuss subjects ranging from the firm’s fiscal outlook …
Read More »Riccitiello: Casual saving soft PC market
Electronic Arts boss John Riccitiello has stuck the knife into the state of PC gaming – but backed the casual sector to strengthen the format. Riccitiello said that the figures suggesting the PC market was slowing didn’t take into account the success of microstransaction and subscription models. However, he added …
Read More »Rock Band sold 1.5 million in Q4
Electronic Arts has revealed that Harmonix/MTV’s Rock Band sold more than 1.5 million copies during the three months to March 31st, 2008. According to Gamasutra, in its coming year, EA said the company plans to release some 55 games, including 30 for PS3 and Xbox 360, over 20 for the …
Read More »Riccitiello: I love playing GTA
Electronic Arts CEO John Riccitiello isn’t just interested in GTA IV because it’s owned by acquisition target Take Two – he actually loves” playing the game. Speaking in a earning call with investors following EA’s announcement of its fiscal results last night, Riccitiello refused to give away any more information …
Read More »PS2 drives EAs record revenue
Electronic Arts has revealed that its software took more revenue from PS2 than any other home console during its FY 2007-2008 – helping the firm take more than $3 billion in annual sales. The ageing system provided $601 million in the 12 months to March 31st, 2008. Second best performing …
Read More »Electronic Arts posts $454m FY loss
Electronic Arts has posted a $454 million net loss for the year ended March 31st, 2008 – down from a net profit of $76 million in FY 2006-2007. The company’s acquisition of development duo Bioware and Pandemic back in October, 2007 took its toll on the figure – a combined …
Read More »EA doesnt scare us, says casual site
The president of leading portal Big Fish Games Jeremy Lewis has told MCV sister site Casualgaming.biz that his firm isn’t worried by the likes of EA, Activision and Midway upping their game in the online casual market. Speaking as part of a wider interview, Lewis said that investment from established …
Read More »EA to buy social networking site?
EA is to buy gaming social network Rupture for $30 million, according to TechCrunch . As reported on MCV sister site Develop last week, Rupture was formed by former Napster founder Shawn Fanning, and produced a social network for World of Warcraft players that never left beta. The company had …
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