Tag Archives: john riccitiello

EA cuts financial projections

Electronic Arts this evening announced it is down-grading projections for both full year revenues and trading during the Christmas season. The firm has lowered its yearly guidance from $3.6bn-$3.9bn down to $3.6bn-$3.675bn. CEO John Riccitiello blamed two factors for the drop: a "soft December for EA and packaged good sector …

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Star Wars Old Republic set for Spring 2011?

Comments made by EA’s CEO in this evening’s investors conference call suggests Star Wars: The Old Republic will be released in Spring 2011. During the call – which discussed the firm’s decision to reduce its projected revenues for FY2010 – John Riccitiello said the firm’s next ‘major MMO’ is making …

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Riccitiello: Bad press affecting EA stock

Electronic Arts boss John Riccitiello has claimed negative press contributed to recent slumps in the publisher’s stock. Speaking to Industry Gamers, the CEO went on to describe how coverage of the firm’s Q2 and first half results has also been damaged employee morale. A lot of negative articles were written …

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Riccitiello ready to trim publishing teams

EA boss John Riccitiello has admitted that the firm’s plan to cut its new boxed product release slate will mean fewer employees are necessary in its publishing offices. His comments come after EA announced a round of 1,500 job cuts following its Q2 results last month. 500 of those are …

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EA slashes release slate in half

Electronic Arts’ ruthless culling of dead wood – if not Dead Space – will hit a new high next year: Its FY2011 (Apr 1st 2010 – Mar 31st 2011) line-up will be 50 per cent lighter than its games roster from FY2009. That’s according to CEO John Riccitiello, who told …

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Riccitiello calls for download data

EA boss John Riccitiello has said that the time has come for analysts and data providers to reveal market download numbers to publishers. Speaking to Fox News about the growth of digital downloads – and how the recession has hit the packaged goods business – Riccitiello said: One of the …

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Fewer games, higher prices this Xmas

The ghost of unprofitable Christmas past will hit consumers this Q4 – as retailers keep software prices high and publishers shunt more triple-A titles than ever to next year. A swathe of massive games – including 2K’s Bioshock 2 and Ubisoft’s Splinter Cell: Conviction – have had their release dates …

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