MCV/DEVELOP News, events, research and jobs from the games industry
As predicted this morning , Electronic Arts has extended the deadline of its tender offer for Take Two. The last deadline expired at 11.59pm (Eastern Time) on Friday without any response from EA or Take Two’s shareholders. The new deadline gives Take Two’s investors until 11.59pm (Eastern Time) on Monday, …
Read More »Wall Street Journal: EA to extend Take Two deadline
Electronic Arts is expected to extend again the deadline for its hostile tender offer to acquire Take-Two, the Wall Street Journal is reporting this morning. The deadline for EA’s last bid for the Rockstar parent passed by without any announcement on Friday, but the WSJ believes the Redwood company may …
Read More »Countdown to EA/Take Two decision begins
Electronic Arts is just hours away from finding out if it has won over Take Two’s shareholders – and successfully acquired the company. It’s a fascinating time for those that love their numbers; with the big question – will EA CEO John Riccitiello push his bid even higher as time …
Read More »EA Sports culls baseball series
Electronic Arts will not be creating any more MVP NCAA baseball games. That’s according to the Sports Business Journal in the US, which reports the publisher has declined to renew its two-year deal with the league. EA’s rival 2K Sports currently owns the exclusive third-party rights to Major League Baseball …
Read More »Will EA buy Take Two this week?
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 …
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