Electronic Arts Inc. (NASDAQ:EA) has reported an increase in Q1 profit, which is largely driven by titles purchased for new generation consoles. EA’s earnings and revenues for the quarter were ahead of Wall Street estimates. However, EA lowered its full year 2015 guidance due to a delayed launch of Battlefield Hardline and Dragon Age Inquisition.
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Electronic Arts Inc. (NASDAQ:EA) is reportedly making a deal with Comcast that would allow the game developer to stream games through the cable service network, according to Reuters. EA has been testing the service for over two years now. The games would be streamed through X1 – Comcast’s operating system that supports voice commands and Internet applications. The EA deal is supposed to make purchasing a video game through the service as “easy as ordering a movie on pay-per-view.” Time Warner Cable and Comcast are expected to merge after approval by the Federal Trade Commission. This would give EA access to even more than Comcast’s 22 million users.
Electronic Arts has decided not to force users into playing SimCity online. In the newest version of the game, there has been several connection-related issues that caused many users to be upset. SimCity required a connection to a server that contains some of the data needed for the game. EA will soon offer a full download in the next update so that users can play offline.
Around 6 months ago, the new version of SimCity was launched on the PC and it was plagued with launch issues. Electronic Arts has released the Mac version of SimCity this past week and it also ran into launch issues. Fortunately, those issues have now been resolved.
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Electronic Arts Inc. (NASDAQ:EA) has announced that Plants vs. Zombies 2 has hit the #1 app on the App Store in 137 countries worldwide. Plants vs. Zombies 2 is the sequel to PopCap’s Plants vs. Zombies. Plants vs. Zombies 2 is initially exclusive to the iPhone, iPad, and iPod Touch. The game launched this past Thursday. Plants vs. Zombies 2 has been downloaded over 16 million times since then. This is one of the largest openings on the App Store for a mobile game title ever. The one day downloads figures doubled EA’s previous mobile record.
In the past, Electronic Arts heavily relied on brick-and-mortar stores selling their products. Digital sales are on the rise now though.
According to Kotaku, a jury has ruled that Electronic Arts used code and features developed by the designer of the first John Madden Football, Robin Antonick. The code was used in Madden games that were published into the mid 1990s. Antonick was not paid royalties, nor was he given credit. The jury ruled that EA is required to pay $11 million in damages and that amount may be increased.
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Earlier this month, it was announced that Don Mattrick was named CEO of Zynga. Before that, Mattrick used to be the head of Microsoft Corporation’s entertainment division. In 2010, Mattrick spent time negotiating with Zynga CEO Mark Pincus about buying them out, according to sources with Bloomberg. Mattrick had plans to bolster the Xbox with a line of social games as part of the potential acquisition. Clearly that deal fell apart and Zynga continues to struggle financially.