TweakTown
Tech content trusted by users in North America and around the world
6,155 Reviews & Articles | 39,554 News Posts

EA promise "big social title" this year, is investing $80 million in fourth-generation console games

EA promising "big social title" later this year, as well as investing $80 million into next-gen cons

| Gaming News | Posted: May 8, 2012 9:28 am

EA are looking to restructure themselves, where they've started their journey toward treating games as services, instead of packaged goods. EA chief executive, John Riccitiello said in today's earnings call that there would be layoffs, as EA increases production of online, mobile and social games.

 

TweakTown image news/2/3/23971_10_ea_promise_big_social_title_this_year_is_investing_80_million_in_fourth_generation_console_games.png

 

While there'll be layoffs, there'll also be new job opportunities, thanks to the restructuring. Riccitiello added that the company are investing $80 million into fourth-generation console games, and from there, we should expect the number to swell as production of the games gets under way.

 

While he was at it, he teased that EA are planning to release a "big social title" this quarter. What could it be? Well, some are talking of a new version of SimCity that would possibly be released on Facebook, as SimCity for PC will be arriving later in the year. Currently, social gaming is only a blip on EA's revenue radar, but the company have made it clear during their earnings call that social gaming would be a bigger part of its strategy moving forward.

 

Are you looking forward to this "big social title", or the restructuring of EA's thoughts toward gaming? Do you think "the worst company in America" could change?

NEWS SOURCES:Techcrunch.com

Related Tags

Further Reading: Read and find more Gaming news at our Gaming news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases