Electronic Arts (Page 49)

EA Sports' global marketing boss Todd Sitrin has said that the division is currently working on two new, unannounced intellectual properties.

EA has turned down Jack Thompson's offer of help to "evict the Zelnick Trojan Horse from within Take-Two's corporate walls".

Warren Jenson has told an investor's conference that EA is keen to give Take-Two's "diamonds" a chance to shine brighter on the global stage, and that he hopes continued industry creativity will lead to further acquisition opportunities in the future.

Analysts are mixed on whether or not Electronic Arts would consider raising its bid for Take-Two from USD 26 per share, and if it should or not.

US stocks ended February on a down note, marking four consecutive months of decline - the longest losing streak since 2002

Take-Two has stated that following its rejection of EA's USD 2 billion acquisition offer, the company has received interest from other companies interested in a merger.

Speaking at the Goldman Sachs Technology Investment Symposium 2008 Conference, Activision chairman and CEO Bobby Kotick said that Take-Two did not fulfull the company's acquisition requirements

Take-Two's management will rebuff EA's aggressive bid at its own peril

Mario and Sonic at the Olympic Games took the top spot on the UK all formats sales chart for the third consecutive week according to data released by Chart Track

Screen Digest analyst Ed Barton has told <i>GamesIndustry.biz</i> that he believes a number of factors will come into play over the course of the Electronic Arts/Take-Two Interactive negotiations, and taken together they will be successful

Electronic Arts CEO John Riccitiello has expressed his admiration for the Rockstar senior management team, and held them up as a source of inspiration for his own restructuring of EA since June last year.

We chronicle the events that led to EA's $2 billion acquisition offer for Take-Two

Electronic Arts CEO John Riccitiello has revealed that a transaction to buy Take-Two was at an advanced stage last April, and would have gone ahead, had he not pulled the plug at the eleventh hour and recommended against it to the EA board.

In a conference call to investors today, Electronic Arts CEO John Riccitiello and CFO Warren Jensen once again underlined their determination to see through a deal that would result in the acquisition of Take-Two and its constituent parts.

Electronic Arts has said that it waited until the development of Grand Theft Auto IV was complete before making a formal proposal to acquire its publisher Take-Two Interactive.

Take-Two has labelled Electronic Arts' USD 2 billion buy-out offer as "inadequate" and "opportunistic", as EA attempts to take advantage of the struggling Grand Theft Auto publisher.

Wedbush Morgan Securities analyst Michael Pacther said that sports games, not Grand Theft Auto alone, provide the impetus for EA's offer to purchase Take-Two

US stocks gained for a second week on record high oil prices and news of a plan to save credit ratings for bond insurers

Electronic Arts has made a move to acquire Take-Two Interactive for $2 billion — but Take-Two has refused the offer, which expires on February 22.

Executives from some of the industry's leading games creators have all agreed that next-generation gaming isn't about new technology or the blockbuster release.

Electronic Arts has signed Swedish developer Starbreeze Studios to work on a new project, currently going by the internal name of Project RedLime.

Electronic Arts boss John Riccitiello has expressed concern that the average score of his company's titles has dropped by around 5 per cent from the previous year.

Activision's group music title Rock Band has hit 3 million downloads for additional tracks in the US, says Eran Egozy from the game's developer Harmonix.

Although most people seem to agree that there's a healthy anticipation building around the forthcoming Will Wright project, Spore, there's also some feeling that its publisher Electronic Arts must also manage expectation about its performance and appeal.

The Canadian Awards for the Electronic and Animated Arts - better known as the Elans - took place in Vancouver over the weekend and the headline winner was Mass Effect, which took home five awards in total.