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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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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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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 rejection of Alice sequel marks end of American McGee’s game dev career

Game Developer

With his Alice: Asylum pitch rejected by Electronic Arts, game designer American McGee is leaving the game industry entirely behind.

Games 252
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Disney reportedly looking to acquire major publisher like EA

GamesIndustry.biz

Disney is reportedly looking to acquire Electronic Arts or a company of a similar scale as a way back into games publishing. As reported by Bloomberg , some Disney executives have allegedly suggested that CEO Bob Iger could transform the company from a gaming licensee to publisher by acquiring EA.

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GamesIndustry.biz crowns 2023 Best Places To Work Awards Canada winners

GamesIndustry.biz

The biggest winner of the project is Electronic Arts, with three teams accepting awards. The awards are built around the idea of making the games industry a better place to work, and the winners are ultimately decided by an in-depth survey of employees. Just shy of 50 Canadian games companies signed up to take part, with 15 winners in total.