Ragequit (Free subscription) | yesterday
I've felt that since John Riccitiello became the CEO of EA, EA have shaped up as a company and at least somewhat left the waters of a moneyhungry shark, this interview with him just reaffirm my thoughts even more. If the embedded video shouldnt work, heres the link to the original video page . You might need to turn off your adblocker for it to be seen.
Kotaku (Free subscription) | 8 hours ago
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,...
Edge Magazine (Free subscription) | 3 hours ago
EA CEO John Riccitiello has expressed his frustration at the weaker than expected performance of Nintendo’s Wii. Speaking during a second quarter earnings call, the executive said that stalled Wii sales during the first half of the business year coincided with EA holding the lion’s share of third party sales for the platform. read more
Destructoid (Free subscription) | 8 hours ago
Silver-haired king of Electronic Arts, John Riccitiello, has confessed that his company is feeling frustration over the current performance of a "weak" Wii, with Nintendo's smash-hit superconsole not raking in the moolah quite how EA had anticipated. "To be honest with you, I think the Wii platform has been a little weaker than we had certainly anticipated," Riccitiello tells investors...
El33tonline (Free subscription) | 6 hours ago
During EA’s earning’s call on Monday, it was announced the publisher is being forced to cut 1500 jobs across all of its studios, which is necessary, says CEO John Riccitiello, to “transform the company.” “EA is performing well, with quality, sales and segment share up so far this year,” said Riccitiello during the call. “We are making tough calls to cut cost...
Joystiq (Free subscription) | yesterday
Perhaps detecting a dedicated server-shaped weakness in the competition's defenses, Electronic Arts is beginning to position next year's Battlefield: Bad Company 2 as a legitimate heir to the Call of Duty: Modern Warfare throne. On yesterday's Q2 earnings call, EA Games label prez Frank Gibeau said that, in addition to other things, Bad Company 2's "deep new online play with dedicated server...
The Gamesblog (Free subscription) | yesterday
Job losses and canned projects as the giant publisher struggles to restore profitability. Amid the Modern Warfare maelstrom, spare a thought for Electronic Arts. The company has recently announced that it will be making 1,500 job cuts before the close of March 2010, after reporting second quarter losses of $391 million. According to Gamesindustry.biz: Although solid details on teams affected have...
1UP (Free subscription) | yesterday
In addition to their announcement that they'll be cutting a staggering 1,500 jobs as part of a cost-restructuring plan, Electronic Arts has also announced that they'll be releasing almost 50% fewer games in the next fiscal year compared to the last, with a reemphasis on established, "high profit" contributing titles. EA CEO John Riccitiello explained the new strategy during an investors...
Dubious Quality (Free subscription) | yesterday
Well, this can't be good. Electronic Arts announced quarterly earnings yesterday, and they sucked. Again. Not to worry, though. They've got a plan : 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. Wait! WTF is this--Groundhog Day? From...
DigitalBattle (Free subscription) | yesterday
During a recent conference all, EA CEO John Riccitiello expressed his frustration with games on the Wii selling not as well as they have, and not selling as well and they used to. He said, “To be honest with you, I think the Wii platform has been a little weaker than we had certainly anticipated. And [...]
Glick Report (Free subscription) | yesterday
This morning Electronic Arts CEO John Riccitiello joined me on The Opening Bell. Electronic Arts reported earnings last night. The company missed the Street's earnings estimates by a penny, but beat on revenue. Electronic Arts has been hard at work on a restructuring effort to turn itself around. The consumer hit by the recession has [...]
PlayStation LifeStyle (Free subscription) | yesterday
Electronic Arts, one of the world’s largest video game publisher and developers is definitely feeling the effects of the dwindling economy. Earlier this year, EA laid off 1100 employees (11% of it’s workforce) due to a poor finish in 2008. Today John Riccitiello revealed that EA is laying off an additional 1500 employees company wide. [...]
Joystiq (Free subscription) | yesterday
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, made during an investor conference call yesterday, that the company will release approximately 30 titles in its 2010 fiscal year, a 50 percent cut from fiscal...
GameSpy Planets (Free subscription) | yesterday
EA held their Q2 earnings conference call today where EA CEO John Riccitiello briefly remarked about Bad Company 2 and implied rival, Modern Warfare...
Eurogamer (Free subscription) | yesterday
We'll hear more "in the months ahead". EA has once again teased the rejuvenation of the Medal of Honor series following its latest round of financial results. "In the months ahead, you'll hear more about our plans to revitalise core IP, including the Medal of Honor franchise," EA Games label boss Frank Gibeau said during a conference call (thanks Joystiq). That comes just months...
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