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EA shares skyrocket

Added: 08.05.2013 19:14 | 18 views | 0 comments


Company share value climbs more than 15 percent after earnings report, Star Wars deal, and FIFA license extension.

Shares of Electronic Arts are up more than 15 percent today after the company's busy week of big news.The publisher announced a .

At press time, EA shares are up 15.59 percent (+$2.87) to $21.28 for the day. This represents the company's highest stock value since the end of 2011.

EA's new partnership with FIFA will give the publisher exclusive license for future games through 2022. As part of the recent EA-Disney pact, EA will make new Star Wars games for consoles, PCs, tablets, and mobile. Battlefield developer DICE and Dead Space studio Visceral Games are currently working on the new games, powered by the Frostbite 3 engine.

EA's stock is hot today and if the company can execute its near- and far-term goals, growth will only continue, according to the publisher.

"As we enter a new fiscal year, EA is well-positioned for dynamic growth on next generation consoles, PCs, and mobile platforms," executive chairman and interim EA CEO Larry Probst . "With world-class games, a rapidly growing digital business, and top-notch creative talent, we are excited about EA's strategy for FY 2014 and beyond."

In an effort to reduce costs, EA recently , or around 930 people. The publisher will pay $16 million in severance expenses as a result.

EA is not the only game company to see its share value rise today. Grand Theft Auto parent publisher Take-Two Interactive is up 3.8 percent (+$0.60) to $16.35 today, while Activision is up 2.8 percent (+$0.42) to $15.36.

From: www.gamespot.com

No new EA Star Wars game until after March 2014

Added: 07.05.2013 23:09 | 2 views | 0 comments


Electronic Arts says first games from DICE and Visceral not expected for more than a year.

Gamers excited about the new Star Wars games from Battlefield studio DICE and Dead Space developer Visceral Games may want to get comfortable.

During a post-earnings financial call today, Electronic Arts chief financial officer Blake Jorgensen said the firm will not publish any new Star Wars games during the company's fiscal 2014, which runs April 1, 2013 through March 31, 2014.

EA yesterday that will make EA the exclusive developer of "core" Star Wars games. These games will be delivered on "all interactive platforms" and will run on the Frostbite 3 game engine.

No story or gameplay details about any of the new Star Wars projects have been divulged thus far.

Though there will not be any new Star Wars games in fiscal 2014, EA said today that it will release 11 major titles in the year (compared to 13 last year) and 15 mobile titles for iOS and Android. These were not specified.

From: www.gamespot.com

DICE Says Frostbite 3 Star Wars, Battlefield Games Not Coming To Wii U

Added: 07.05.2013 21:24 | 10 views | 0 comments


If you were hoping that any of the upcoming games from DICE – including the inevitable Star Wars games that EA has said that they're working on – would appear on Nintendo's Wii U...think again. DICE has made it clear that anything running the Frostbite 3 Engine will not be available on the Wii U.

From: www.cinemablend.com

DICE explains why Frostbite skipped Wii U

Added: 07.05.2013 14:43 | 0 views | 0 comments


Developer says it ran tests on Nintendo hardware with "not-too-promising results" and so "chose not to go down that path."

Frostbite engine developer DICE has explained why the technology is not supported on Wii U.

According to comments from Frostbite technical director Johan Andersson (via ), early tests left much to be desired.

"[Frostbite 3] has never been running on Wii U," Andersson said on . "We did some tests with not too promising results with [Frostbite 2] & chose not to go down that path."

The will run on the Frostbite 3 game engine. These titles were not named outright.

Other upcoming games running on Frostbite 3 include .

From: www.gamespot.com

DICE explains why Frostbite skipped Wii U

Added: 07.05.2013 14:43 | 2 views | 0 comments


Developer says it ran tests on Nintendo hardware with "not-too-promising results" and so "chose not to go down that path."

Frostbite engine developer DICE has explained why the technology is not supported on Wii U.

According to comments from Frostbite technical director Johan Andersson (via ), early tests left much to be desired.

"[Frostbite 3] has never been running on Wii U," Andersson said on . "We did some tests with not too promising results with [Frostbite 2] & chose not to go down that path."

The will run on the Frostbite 3 game engine. These titles were not named outright.

Other upcoming games running on Frostbite 3 include .

From: www.gamespot.com


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