• Loading stock data...
Thursday September 19, 2024

Electronic Arts Could Be Eyeing Merger With Media Giant

Electronic-Arts
EA

Electronic Arts is reportedly looking to sell or merge with an entertainment conglomerate.

Several outlets indicated that Andrew Wilson, the video game company’s CEO, recently held discussions with NBCUniversal about a takeover, but the negotiations — which lasted several weeks — fell through because of price and structure disagreements.

That isn’t stopping EA from looking elsewhere. The company is reportedly holding discussions with other giants like Amazon, Apple, and Disney, and if a deal comes to fruition, wants Wilson to stay on as boss.

The news comes amid other major changes to EA‘s games.

  • The company ended its 30-year partnership with FIFA after the pair failed to reach an extension agreement — the duo will release their final collaboration this year. 
  • Without FIFA, the series will be called EA Sports FC and will not include World Cup and other FIFA-controlled events. EA Sports FIFA had more than 150 million accounts during FY2022.
  • In EA’s earnings report earlier this month, Wilson said developer DICE will be “rethinking the development process from the ground up” for “Battlefield 2042,” adding that EA will take “a long view” on the franchise.

‘It’s in the Game’

EA wouldn’t be the first video game company to be taken over by a media giant. Earlier this year, Microsoft announced plans to buy Activision Blizzard for $68.7 billion. Shortly after, Sony said it planned to purchase gaming studio Bungie for $3.6 billion.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

Commanders Sale Could Hit $7B, Durant Wants In

A Washington Commanders sale could be wrapped up by the spring.
FIFA-Qatar

FIFA: Keep ‘Political Battles’ Out of World Cup

FIFA wrote a letter to the 32 World Cup teams following boycotts.

How the Astros Won the World Series Without Breaking the Bank

The Astros won the World Series with underpriced talent.

ESPN College GameDay Means More to Schools Than a Saturday Morning Spotlight

Schools reap ‘immeasurable’ benefits when the ESPN bus rolls into town.

Featured Today

kyrie-irving-nike

Nike Suspends Relationship With Kyrie Irving Over Antisemitism

After several days of silence, the brand has dropped Irving.
Washington-Commanders
November 4, 2022

Bezos, Jay-Z Reportedly Teaming Up on Commanders Bid

Jeff Bezos and Jay-Z are frontrunners to be the next NFL owners.
Jeff-Bezos
November 4, 2022

The Next Washington Commanders Owner May Not Be The Highest Bidder

Bezos could be the strongest candidate, but money isn't the only factor.
November 3, 2022

Brooklyn Nets Suspend Kyrie Irving for Five Games Without Pay

The Brooklyn Nets have suspended Kyrie Irving without pay for at least five games for "failure to disavow antisemitism."

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world with Jobbio.
Sr. Account Manager
Miami Heat
Miami, FL
Director of Ads
Nike
Portland, OR – Hybrid
Sports Journalist
CBS Sports
New York City, NY

How Esports’ Biggest Juggernaut Created Its Own Mainstream

League of Legends has a festival atmosphere and the most coveted demographic.
EA-Sports-Madden-23-Gameplay
November 1, 2022

‘Madden NFL’ Publisher Misses Mark in Second Quarter

Electronic Arts has lowered its full-year net bookings forecast.
Sony-Playstation-Demo-Booth
November 1, 2022

Sony’s Gaming Unit Takes 49% Drop in Profit

Sony allocated a lot of money toward development and acquisitions in Q2.
October 27, 2022

Microsoft CEO: Gaming ‘Resilient’ During Economic Uncertainty

Video games have become a bright spot for Microsoft.
gaming
October 2, 2022

Saudi Arabia Plans $37.8B Gaming Investment

Saudi Arabia is planning to become a leader in the gaming world.
Electronic-Arts
August 26, 2022

Reports of Amazon's Takeover of EA Refuted

Amazon was reportedly expected to make an offer for EA.
August 17, 2022

EA Sports to Honor Mistaken 6-Cent Pre-Purchases of FIFA 23

EA was offering the game for cheap on India's Epic Games Store.
Netflix
August 9, 2022

Netflix Makes Gaming Play to Keep Subscribers

Netflix plans to have 50 gaming titles by year's end. Less than 1% of the company's subscribers engage with its games on a daily basis.