Monday, May 23

Tag: Electronic Arts

Gaming

EA Was Deep In Merger Talks With NBCUniversal

Photo: Christian Petersen (Getty Images)The video game market is consolidating like never before, and Electronic Arts is scrambling like everyone else. The Battlefield and FIFA maker recently pursued a merger with NBCUniversal, and also held potential acquisition talks with Disney, Apple, and other companies, according to a new report by Puck. While a deal isn’t currently in the works, it doesn’t sound like EA plans to give up anytime soon.“In recent years, as media companies have taken greater interest in the rapidly growing gaming industry, Wilson and Electronic Arts have held talks with a number of different potential suitors, including Disney, Apple and Amazon, sources with knowledge of those talks told me,” wrote Puck’s veteran media reporter, Dylan Beyers. “Several sources familiar w...
Gaming

Saudi Arabia’s Public Investment Fund Now Owns 5% Of Nintendo

Image: NintendoSaudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.The news was announced in a filing made with Japan’s Finance Ministry, Bloomberg reports. It follows similar investments made last year in Capcom, EA, Take-Two and Activision, along with almost complete ownership of SNK. Bloomberg says this would make the Public Investment Fund the company’s “fifth-largest shareholder”. If this is the first time you’ve encountered this kind of money, know that the PIF fucking sucks, as does the man running it, Saudi Crown Prince Mohammed bin Salman. As Ian wrote just last month:Saudi Arabia spent the last year throwing money around the video gam...
Gaming

EA Is Once Again Developing A Lord Of The Rings Video Game

Image: EAI know licensing isn’t the sexiest topic, but when it comes to certain properties—like Star Wars and major sports—it plays a super important role in what games we get to play and who makes them. Which is my way of explaining why I’m writing about the surprise announcement that EA is making its first Lord of the Rings game since 2006.For all the shit people talk about EA in 2022, most of it for good reason, the publisher had a run in the 00's where they released a number of excellent Lord of the Rings games, like the brawler movie tie-ins, the cult Battle for Middle Earth series of strategy games and Third Age, a Final Fantasy clone that is a lot better than most people ever gave it credit for.So there’s a weird sense of nostalgia attached to the announcement today that, with the s...
Gaming

Rockstar Parent Company CEO Earns Big Bonus For In-Game Sales

Photo: John Phillips (Getty Images)Microtransactions in games like Grand Theft Auto Online have become big business for video game publishers. And it’s likely this won’t be changing anytime soon. New details spotted in a recent contract extension for Take-Two CEO Strauss Zelnick explain that the CEO will earn a big bonus if more players spend more money buying in-game items, coins, and skins.As reported by Axios, a new contract extension for Zelnick means the 64-year-old CEO will continue running Take-Two until 2029. It also lays out how the executive will benefit greatly if games like GTA Online, NBA 2K, and Borderlands get players to spend extra cash on in-game items, referred to in the contract as “recurrent consumer spending” or RCS items. These items are defined by Take-Two’s contract...