"Year-on-year, the company's Q3 revenues for Xbox 360 and PlayStation 3 games dropped from $566 million to $425 million -- 25 percent -- yet next-gen games generated only $24 million for the company. Revenue for PC games was slightly up (13 percent) and overall console game revenues were down 22 percent overall, year-on-year.
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EA just hosted its quarterly financial conference call, and its executives have been asked to comment about the recent price hikes for games.
Today, Electronic Arts announced its financial results for the fourth quarter of its fiscal year 2025, alongside the full year.
Split Fiction has sold nearly 4 million copies, and the next battlefield is confirmed for a release by March 2026 with a reveal this Summer.
In addition to the roughly 100 job cuts IGN reported earlier today at Respawn Entertainment, EA has made wider cuts across its organization today, impacting around 300 individuals total including those already reported at Respawn.
Absolutely insane. Man I'm hope they land on their feet EA needs to get the shit together badly....
This is why this industry has slow releases and none compelling games.
Why would anyone willingly work in the VG industry or specifically for one of these globocorp organizations that put you in constant fear of losing your livelihood based on terrible choices made by idiotic management, not the people with talent making the actual games?
Not Yet.
When you buy $400/$500 consoles, somethings gotta give.
What has EA made worth playing on next gen? just the same annual sports games crud that they release every year.
Maybe if BF 4 wasn't such a huge mess on the nextgen then they would've made more money. The most interesting news in all this is that digital racked in over 500 million going up a huge 27%. The fact that digital comprise such a huge percentage of their business is telling. Hell, if Origin is making that much then the Steam numbers must be mind blowing.
Create a trash product and see if it doesn't affect future sales. Word of mouth helped prevent numerous customers from being scammed by a rushed BF3 that was completely broken.
You reap what you sow EA.
Not to mention its a new gen, and it is fairly expensive switching.
Good stuff ea I have sworn them off
At least until battlefront I really want that game to not be screwed