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Saudi Arabia increases stake in Electronic Arts

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Saudi Arabia's Public Investment Fund has increased its stake in Electronic Arts. According to Seeking Alpha , a new filing published yesterday for the three months ended March 31, 2023 shows the fund purchased more shares in the FIFA publisher during Q4 2022.

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EA is diverting 100 percent of Immortals of Aveum net sales revenue to Ascendant Studios

Game Developer

With Immortals of Aveum hitting EA Play and Xbox Game Pass, Electronic Arts is passing all net sales revenue to its developer.

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Analysis • Sony moves away from customer electronics to become a media empire

PreMortem.Games

For years I’ve characterized the Japanese powerhouse predominantly as a consumer electronics manufacturer. Sony will always keep a foot in electronics. Unlike Microsoft, which develops operating and application software, and Nintendo, which considers itself a toymaker, Sony has long focused on building high-quality media devices.

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Electronic Arts lays off 6 percent of staff after "strong" profits

Game Developer

EA's layoffs are said to impact 6 percent of its staff, even as it continues to "operate from a position of strength."

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What Is Electronic Design Automation? Understanding the Benefits and Evolution of EDA Tools

Perforce

Understand what electronic design automation is, its benefits, and the importance of integrating EDA tools with IP lifecycle management.

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Obituary: Delphine Software founder Paul de Senneville died at age 89

Game Developer

In his brief time with video games, de Senneville formed two game development studios and partnered with publishers such as Interlay and Electronic Arts.

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EA Sports FC, Madden have EA posting full-year growth despite sleepy Q4

GamesIndustry.biz

Electronic Arts today released its earnings report for Q4 FY24 (the three months ended March 31, 2024), showing sales down during a quiet fourth quarter even as the bottom line improved year-over-year. Electronic Arts revenues and bookings were down in the fourth quarter, with some of the decline attributable to an empty release slate.