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EA: Online to make up around 60% of Asian business in 5 years

Reuters: " SHANGHAI (Reuters) - Video game publisher Electronic Arts Inc (ERTS.O: Quote, Profile, Research) expects online gaming to contribute up to three-fifths of its Asian revenue in five years, versus 10 to 15 percent this year, a senior executive said on Wednesday.

Asia, which accounted for just 5 percent of Electronic Arts' $1.13 billion in net revenue for the fiscal fourth quarter ended March 31, is expected to expand to make up 15 to 20 percent of the company's total turnover by 2012, said Chris Thompson, EA's Vice President for Asia.

"This year, the online business for Asia is going to represent somewhere between 10 to 15 percent of our business," he told Reuters in an interview."

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