MCV/DEVELOP News, events, research and jobs from the games industry
As the countdown to Take Two’s annual investors’ meeting begins, it’s a timely opportunity to look back on just why EA’s $2 billion bid for the company has come to dominate the headlines of the global games business press this year. It all kicked off on February 24th, when EA …
Read More »Riccitiello: Movie industry is scared of us
The CEO of Electronic Arts John Riccitello believes that the US film industry is ‘worried’ by the release of games releases – and that the greatest console titles will soon be viewed by almost everybody as being as important as Best Picture at the Academy Awards”. He also forecasts that …
Read More »Riccitiello: EA post is my dream job
Electronic Arts boss John Riccitiello has stated that the reason he returned to EA last year was because he considered the post of CEO his ‘dream job’. In a Financial Times interview, Riccitiello added that his passion for video games and gadgetry had always been with him – and had …
Read More »Well be games’ greatest ever company, say EA boss
EA CEO John Riccitiello has said that he wants to ensure his employer is one day recognised as video gaming’s all-time greatest company. He commented that he wanted to secure EA’s place in history by making it to games what ‘Disney is to aniationa and NBC is to television’. However, …
Read More »EA appoints new CFO
EA has appointed former EA-exec Eric Brown as the firm’s new chief financial officer and EVP. Brown joins the publisher from McAfee Inc, where he worked as CFO and chief operating officer. Previously Brown has held management positions at DataSage and the Haagen-Das company prior to becoming COO at EA’s …
Read More »EA to publish GTA IV?
The industry’s most respected financial analysts have been discussing EA’s ‘hostile’ tender offer for Take Two – with some saying that it could happen quickly enough for Grand Theft Auto IV and Manhunt 2 to have EA’s name on their box. The group also deliberated the timescale of the deal …
Read More »EA is Rockstars white knight, says Riccitiello
EA chief executive John Riccitiello has said that his employer can be Rockstar’s ‘white knight’ – suggesting that only a successful acquisition of Take Two can give the developer a secure future. However, leading analysts have condemned the statement, with Janco Partners’ Mike Hickey telling GameDaily.biz: My belief is Rockstar …
Read More »EA unveils new president and COO
The new big name and EA HQ will lead EA’s global publishing organization, corporate communications and government affairs, as well as the online, central development and technology teams. Pleasants begins immediately and reports to EA CEO John Riccitiello. EA is billing its new big cheese as ‘a leader in consumer …
Read More »Take Two shares will plummet without us, warns Riccitiello
CEO of Electronic Arts John Riccitiello has cautioned Take Two’s Board against trying to dissuade its stakeholders from accepting EA’s ‘hostile’ offer for the firm – warning that the move could have a devastating effect on the publisher’s shares. Take Two yesterday urged its shareholders to ‘take no action’ over …
Read More »Riccitiello: Take Two bid is all about Rockstar
Electronic Arts CEO John Riccitiello has said that Rockstar is the publisher’s primary interest” in its bid to acquire Take Two. EA’s buyout of Take Two became a much stronger possibility yesterday – as the US mega-publisher went ‘hostile’ by approaching individual shareholders with a tender offer of $26 per …
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