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EA frustrated with the Wii
EA frustrated with the Wii
thatvideogameblog.com — Picture this - you’re John Riccitiello, CEO of EA, one of the videogame industry’s largest companies. You... decide to pour a ton of resources into development for the Wii platform and become a driver of third party sales for the Nintendo system. But, your games aren’t getting ... (more) EA frustrated with the Wii
EA's Riccitiello: Digital Biz 'Offsetting' Game Retail Challenges
EA's Riccitiello: Digital Biz 'Offsetting' Game Retail Challenges
gamasutra.com — The crystal ball is still fuzzy when it comes to how the games industry will finish out... a challenging year. Traditional game sales and the $60 software price point have struggled, but Electronic Arts CEO John Riccitiello says digital sales have the ... (more) EA's Riccitiello: Digital Biz 'Offsetting' Game Retail ...
EA CEO Sees Digital Future
edge-online.com — EA CEO John Riccitiello has said that the strength of digital sales is currently offsetting a challenging... retail environment, and that he expects the digital sector to dominate the market in years to come. read more (more) EA CEO Sees Digital Future
EA's Riccitiello: Cuts Necessary To 'Transform Our Company'
EA's Riccitiello: Cuts Necessary To 'Transform Our Company'
gamasutra.com — "We have lots of compassion for those affected," Electronic Arts CEO John Riccitiello said today of the... publisher's 1,500 planned layoffs, but said that "these cuts are essential to transforming our company." Riccitiello commented on the matter in a ... (more) EA's Riccitiello: Cuts Necessary To 'Transform Our Company'
EA hits record digital revenues in Q2
EA hits record digital revenues in Q2
thatvideogameblog.com — Through their earnings report today, EA announced that the company enjoyed all-time record digital revenues in their... fiscal second quarter — $138 million worth of enjoyment to be exact according to EA’s non-GAAP accounting methods, up ... (more) EA hits record digital revenues in Q2
EA Announces Increased Net Loss, Confirms 1,500 Layoffs
EA Announces Increased Net Loss, Confirms 1,500 Layoffs
gamasutra.com — Electronic Arts said it would lay off 1,500 workers by April 2010, alongside second fiscal quarter results... that saw the publisher post a decrease in year-over-year revenues and a widening net loss of $391 million. About 1,300 of those layoffs are ... (more) EA Announces Increased Net Loss, Confirms 1,500 Layoffs
EA's Riccitiello: Cuts Necessary To 'Transform Our Company'
EA's Riccitiello: Cuts Necessary To 'Transform Our Company'
gamasutra.com — "We have lots of compassion for those affected," Electronic Arts CEO John Riccitiello said today of the... publisher's 1,500 planned layoffs , but he added that "these cuts are essential to transforming our company." Riccitiello commented on the matter ... (more) EA's Riccitiello: Cuts Necessary To 'Transform Our Company'
Console price cuts “not enough,” EA says
Console price cuts “not enough,” EA says
thatvideogameblog.com — During the company’s fiscal Q2 earnings call earlier today, EA CEO John Riccitiello said the recent console... price cuts, while driving hardware sales, are “not enough to get the industry back to flat software sales for the calendar year.” “We now expect packaged ... (more) Console price cuts “not enough,” EA says
EA Makes Bold Claims Regarding Bad Company 2
EA Makes Bold Claims Regarding Bad Company 2
playstationlifestyle.net — With the impending release of one of the biggest games of the year, Modern Warfare 2 ,... it certainly is getting its fair share of media attention. However, all the attention focused on Infinity Ward’s latest title is not worrying Electronic Arts , who is currently working on ... (more) EA Makes Bold Claims Regarding Bad Company 2
Electronic Arts sets 1,500 job cuts as losses grow
marketwatch.com — Alert Email Print By Dan Gallagher , MarketWatch SAN FRANCISCO (MarketWatch) -- Electronic Arts Inc. reported a... wider quarterly loss on Monday and announced plans to lay off as many as 1,500 workers in an effort to reduce costs, as the video-game ... (more) Electronic Arts sets 1,500 job cuts as losses grow
Losses, layoffs in EA's Q2 earnings report
Losses, layoffs in EA's Q2 earnings report
joystiq.com — EA announced a net loss of $391 million in its Q2 2010, which ended September 2009. The... losses have increased from last year's $310 million . In addition, sales, at $788 million, are down $106 million in Q2 2010 from the same period last year. EA ... (more) Losses, layoffs in EA's Q2 earnings report
EA trims its 2010 lineup, focuses on high-profit games
EA trims its 2010 lineup, focuses on high-profit games
joystiq.com — As the mushroom cloud still hangs in the air after Electronic Art's devastating quarterly report , which... also brought with it 1,500 layoffs , the publisher plans to focus on games that are sure bets. MCV notes EA CEO John Riccitiello's statement, ... (more) EA trims its 2010 lineup, focuses on high-profit games
EA slashes release slate in half
EA slashes release slate in half
mcvuk.com — Electronic Arts' ruthless culling of dead wood if not Dead Space will hit a new high next... year: Its FY2011 (Apr 1st 2010 Mar 31st 2011) line-up will be 50 per cent lighter than its games roster from FY2009. That's according to CEO John Riccitiello, ... (more) EA slashes release slate in half
EA going cold on new IP
EA going cold on new IP
develop-online.net — Rapidly changing publisher EA has revealed that as well as shedding a huge 1,500 jobs, the company... has also ditched a dozen announced projects to focus on its established and successful franchises. The admission flies in the face of statements made by ... (more) EA going cold on new IP
News: Riccitiello frustrated at lack of Wii success
gamesindustry.biz — EA's CEO John Riccitiello has noted his frustration at the low sales of Wii software, and suggested... Nintendo needs to release more first-party titles in order to generate interest in the format.  ... (more) News: Riccitiello frustrated at lack of Wii success
News: EA details job losses and cancelled projects
gamesindustry.biz — Electronic Arts has detailed the radical business changes – first announced last night – which will see... it lay off 1500 staff by the end of March 2010 and reduce the number of blockbuster titles it releases each year.  ... (more) News: EA details job losses and cancelled projects
EA Laments Wii Sales, Wants to Work with Nintendo to Improve
EA Laments Wii Sales, Wants to Work with Nintendo to Improve
wii.kombo.com — While the company is satisfied with their most recent financial performance, Electronic Arts Chief Executive Officer John... Riccitiello holds the Wii as a point of contention amidst their efforts to succeed. Madden 2010, for example, was a game he ... (more) EA Laments Wii Sales, Wants to Work with Nintendo to Improve
Wii 'Weaker Than We Had Anticipated,' says Riccitiello
Wii 'Weaker Than We Had Anticipated,' says Riccitiello
industrygamers.com — EA is the largest third party on Wii, but disappointing sales in Dead Space: Extraction and Madden... 10 has left the company reassessing its strategy. (more) Wii 'Weaker Than We Had Anticipated,' says Riccitiello
Hard-a-port! Is Riccitiello’s strategy to turn the Electronic Arts supertanker working?
Hard-a-port! Is Riccitiello’s strategy to turn the Electronic Arts supertanker working?
gamesbrief.com — Electronic Arts’ Q2 announcement yesterday was pretty electrifying: 1,500 jobs lost to save $100 million a year,... while also spending $275 million in cash (and up to $400 million in total) to acquire Playfish. Some critics have struggled to understand the strategy (and the Playfish valuation) ... (more) Hard-a-port! Is Riccitiello’s strategy to turn the ...
EA Boss A Little Bummed With Wii Performance [Wii]
EA Boss A Little Bummed With Wii Performance [Wii]
kotaku.com — Poor EA. They bet heavy on the Wii and, of late, the Wii hasn't been doing so... well, contributing at least partly to EA's recent fiscal/employee issues . Think boss John Riccitiello is happy? Well, no, he is not happy. "To be honest with you, I think ... (more) EA Boss A Little Bummed With Wii Performance [Wii]
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