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Electronic ArtsElectronic Arts to Lay Off 1,500; 17% of WorkforceAuthored by Mark Hefflinger on November 10, 2009 - 9:08am.
Redwood City,
Calif. - Video game developer and
publisher Electronic Arts (NASD: ERTS) yesterday announced that it would lay off 17% of its
workforce, or about 1,500 employees, in a bid to cut costs by about $100
million a year.
Electronic Arts Buys Social Games Firm Playfish for $400MAuthored by Mark Hefflinger on November 9, 2009 - 8:41am.
 Redwood City,
Calif. - Video game developer and
publisher Electronic Arts (NASD: ERTS) announced on Monday that it has acquired Playfish, a
creator of social network games, for about $275 million in cash, with an
additional $25 million in equity retention arrangements. The sellers are also
entitled to another $100 million in performance-based consideration on
milestones achieved through the end of 2011. Founded in 2007, London-based
Playfish's social network games, which include "Pet Society" and
"Who Has the Biggest Brain," have been installed more than 150
million times.
"Rock Band" Game Released for iPhone, iPod touchAuthored by Mark Hefflinger on October 20, 2009 - 12:07pm.
Los Angeles
- Electronic Arts (NASD: ERTS), along with Viacom's (NYSE: VIA) MTV Games and developer Harmonix, on
Tuesday announced the release of "Rock Band" for Apple's iPhone and
iPod touch. The $9.99 game includes a full-band Bluetooth multiplayer mode, 20
full-length songs, and the ability to purchase additional songs from within the
game.
Report: U.S. Game Sales Up 1%; Sony PS3 Leads for First TimeAuthored by Mark Hefflinger on October 20, 2009 - 7:43am.
 Port Washington, N.Y. - Sony's (NYSE: SNE) PlayStation 3 for the first time ever led U.S. video game
sales in September, which on the whole rose 1% from a year ago after several
months of decline, according to sales figures compiled by
market research firm NPD Group. Overall sales were $1.28 billion in September;
despite Sony's success, game hardware sales fell 6% from a year ago, to $472
million.
tags: Games | Sony | Reports | Microsoft | Nintendo | Activision | Xbox 360 | Wii | Retail | Electronic Arts | PlayStation 3 | Research | NPD Group |
EA Signs Will Rokos to Pen Story for "Dante's Inferno"Authored by Mark Hefflinger on October 9, 2009 - 9:26am.
Redwood City,
Calif. - Visceral Games, a video
game development studio owned by Electronic Arts (NASD: ERTS), said on Friday that it
has signed Academy Award-nominated writer Will Rokos to pen the story line for
its upcoming "Dante's Inferno" game. Rokos is best known for his Best Original Screenplay
nomination for "Monster's Ball" in 2001. The game will be released in
North America on Feb. 9.
Electronic Arts Plans iPhone Version of "Rock Band" GameAuthored by Mark Hefflinger on October 8, 2009 - 11:38am.
Redwood City,
Calif. - Electronic Arts (NASD: ERTS) is
working on a version of its popular "Rock Band" karaoke console video
game for Apple's (NASD: AAPL) iPhone and iPod touch, TechCrunch reports. Slated for release
later this month, the game will feature a Bluetooth-enabled four-player
multiplayer mode, and 20 on-board tracks from artists including Beastie Boys,
Blondie, Pixies, Foo Fighters and Motorhead.
Music Service Pandora Debuts Video Marketing PlatformAuthored by Mark Hefflinger on September 16, 2009 - 10:46am.
Oakland,
Calif. - Streaming music service
Pandora on Wednesday debuted a new video marketing platform, which aims to
recommend upcoming entertainment to users based on their interests and
demographics.
Report: U.S. Video Games Sales Sink for 6th Straight MonthAuthored by Mark Hefflinger on September 11, 2009 - 7:03am.
 Port Washington, N.Y. - U.S. video game sales slid for the six
month in a row in August, down 16% from a year ago to $909 million, and are now
down 14% year-to-date, according to sales data compiled by market research firm
NPD Group. Hardware sales fell 25%, to $298 million, although NPD noted that
all consoles except Sony's (NYSE: SNE) PS2 realized sales increases over July levels.
tags: Games | Music | Sony | Reports | Microsoft | Nintendo | DS | Square Enix | Xbox 360 | Wii | Retail | Electronic Arts | PlayStation 3 | Research | NPD Group |
Outspark Names Former EA Exec Mahoney as CEOAuthored by Mark Hefflinger on September 8, 2009 - 10:23am.
San Francisco
- Outspark, a publisher of free-to-play, massively multiplayer online games,
announced on Tuesday that it has named Owen Mahoney, a former senior vice
president at Electronic Arts (NASD: ERTS), as its new CEO. The company claims a registered
user base of 4.7 million, and 5.4 million unique monthly visitors to its
website.
Report: U.S. Video Game Sales Down 29% in JulyAuthored by Mark Hefflinger on August 17, 2009 - 10:33am.
 Port Washington, N.Y. - U.S. video game sales were down 29%
in July -- their fifth consecutive month of decline -- to $848.9 million, and
are down 14% overall from the same period last year, according to a report from
market research firm NPD Group. Hardware sales fell 37% from a year ago;
Nintendo's Wii led all consoles with sales of 252,500 units, while the Microsoft (NASD: MSFT) Xbox 360
sold 202,900 units and Sony's (NYSE: SNE) PlayStation 3 sold 121,800 units.
Electronic Arts' "Dead Space" Game to Become MovieAuthored by Mark Hefflinger on July 27, 2009 - 11:17am.
Los Angeles
- Video game publisher Electronic Arts (NASD: ERTS) has made a deal with production house
Temple Hill to turn its "Dead Space" game into a movie, with D.J.
Caruso ("Eagle Eye") set to direct, Variety reports. The game was
released in 2008, and EA is currently working on two sequels. Temple Hill is
also working on the movie adaptation of Microsoft and Epic Games' "Gears
of War" for New Line Cinema.
Electronic Arts, Major League Gaming Team for TournamentAuthored by Mark Hefflinger on July 20, 2009 - 11:34am.
Redwood City,
Calif. - Video game publisher
Electronic Arts (NASD: ERTS) on Monday announced a partnership with pro video gamers'
circuit Major League Gaming (MLG), that will see MLG host the 2009 EA Sports
Challenge Series. The series will comprise both live and online competitions in
EA's sports games on the PlayStation 3, with a purse of $170,000 in cash and
prizes.
Electronic Arts' 8lb Gorilla Studio to Make $0.99 iPhone GamesAuthored by Mark Hefflinger on July 13, 2009 - 11:46am.
Redwood City,
Calif. - Video game developer and
publisher Electronic Arts (NASD: ERTS) has formed a new in-house studio that will develop
99-cent games for Apple's iPhone, TouchArcade reported. The
"micro-studio," 8lb Gorilla, "is a team of twenty-something year
old developers set loose by EA executives" to develop easy-to-play iPhone
titles.
Former NCAA Players Sue EA Over Likenesses in Football GamesAuthored by Mark Hefflinger on July 1, 2009 - 8:01am.
Los Angeles
- A number of former college football players have filed suit against
Electronic Arts (NASD: ERTS), alleging the company included their likenesses in its
"NCAA Football" video games without permission, GamePolitics
reported.
EA Mobile Details Four Upcoming Movie Tie-in GamesAuthored by Mark Hefflinger on June 26, 2009 - 12:00pm.
Redwood City,
Calif. - EA Mobile, the mobile
division of game developer Electronic Arts (NASD: ERTS), said on Friday that it plans to
launch four new movie-based titles later this year. The games will include "Harry
Potter and the Half-Blood Prince," "G.I. Joe The Rise of Cobra,"
"Star Trek" and "X-Men Origins: Wolverine."
EA Merges Bioware, Mythic Studios; Inks Dr. Pepper Promo DealAuthored by Mark Hefflinger on June 25, 2009 - 12:37pm.
Redwood City,
Calif. - Electronic Arts (NASD: ERTS) is
consolidating its Bioware and Mythic game development studios into a single
unit that develops massively multiplayer titles, but both studios will keep
their existing names. Mythic co-founder Mark Jacobs will leave the company; the
new group will be headed by Bioware co-founder Ray Muzyka, while Mythic's other
co-founder, Rob Denton, will be general manager at Mythic. EA on Thursday also announced
a new multimillion-dollar marketing deal with soft drink maker Dr. Pepper.
Under the agreement, special codes found on more than 500 million Dr. Pepper
products will unlock exclusive content and levels on select EA titles,
including The Sims 3.
Electronic Arts Signs Patrick Kane for Cover of "NHL 10"Authored by Mark Hefflinger on June 22, 2009 - 12:27pm.
Redwood City,
Calif. - Electronic Arts (NASD: ERTS) on
Monday announced 20-year-old scoring phenom Patrick Kane of the Chicago
Blackhawks as the new cover athletes of its NHL 10 video game. Kane is the
youngest player ever chosen for the cover of the franchise, and his image will
be on the front of all packaging when the game is available in North American
retail stores this September.
Schappert to Return to EA as COO; Pleasants to Head PlaydomAuthored by Mark Hefflinger on June 18, 2009 - 12:53pm.
Redwood City,
Calif. - Electronic Arts (NASD: ERTS) on
Thursday named John Schappert as its new COO, following news that John
Pleasants will leave the company to become the new CEO of social game developer
Playdom. Schappert joined EA in 1991 and went on to lead many of the company's biggest
game franchises, before leaving in 2007 to become the corporate vice president
of Microsoft's interactive entertainment business. Pleasants, also the former
president and CEO of Revolution Heath and Ticketmaster, will replace Playdom
co-founder Dan Yue, who will become chief product officer.
Report: U.S. Video Game Sales Down 23% in May to $863MAuthored by Mark Hefflinger on June 12, 2009 - 7:44am.
 Port Washington, N.Y. - U.S.
spending on video games dropped 23% in May, to $863 million, marking the third
straight month of decline and the first month since August 2007 that total
sales did not top $1 billion, according to data from market research firm NPD
Group. Hardware sales fell 30%, to $303 million. The Nintendo DS led all sales
with 633,500 units, followed by the Wii (289,500 units); Microsoft (NASD: MSFT) Xbox
(175,000); Sony (NYSE: SNE) PlayStation 3 (131,000), PlayStation 2 (117,000) and PSP
(100,400).
tags: Games | Sony | Reports | Microsoft | Nintendo | THQ | Activision | Retail | Electronic Arts | Research |
EA Signs Dwight Howard for Cover of "NBA Live 10"Authored by Mark Hefflinger on June 11, 2009 - 12:22pm.
Redwood City,
Calif. - Electronic Arts (NASD: ERTS) said on
Thursday that Orlando Magic center Dwight Howard will grace the cover of its "NBA
Live 10" game. The title currently is in development by EA Canada in Vancouver, and will be
available worldwide this October. The game also will feature separate cover
athletes for France, Germany, Spain
and Italy.
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