Electronic Arts Doesn’t Rule Out Acquiring Warner Bros. Games and Entertainment

Microsoft, Activision Blizzard, and Take-Two might get a new competitor in the war for Warner’s video game arm.

Blake Jörgensen, the chief financial officer of Electronic Arts, talked about the topic during the company’s quarterly financial earnings reports  (and we are not going to make you tired by reading the numbers: everything is all fine and dandy, everything is profitable, thanks to the coronavirus).

„[…] what I would say there is, rarely, we don’t get a chance to look at anything that’s up for sale. I mean you can imagine people call us and say we’re thinking about selling a business or we’re thinking about selling ourselves. I mean we are a place that a lot of people want to come as a long-term home if they decide to sell the business. So we get to look at almost everything. I can’t comment on any specific acquisition other than what I will tell you as we said you’ve seen in the past where we’ve done the best is where we have long-term relationships with people. And we’re trying to buy great talent versus games. And I think Respawn is a classic example of that we were able to bring them into the fold, give them incredible support and it was all driven by the fact that they had incredible talent.

It wasn’t about Titanfall and that’s no offence to Titanfall, it’s an amazing game and we’ll maybe see a Titanfall at some point sometime down the road, but it was really about the team and it starts at the top with Vince but it goes all the way through the whole organization. So we’re always looking at that, we’ll always continue to look at that. We would hope we can find more. Our hope was is that some of the challenges in our broad world economy would make people think and understand that being sub-scale is difficult, but at the same time, as you’ve seen from our results, I think everybody’s going to do well in the next couple of quarters in our industry. It might take some time but trust that we are more interested than ever because we see the talent and building great new franchises is critical to the long-term growth for the business,” Jörgensen said.

New Titanfall? Yeah, the one we discussed previously? (There were plans for a Titanfall 3.) And see, even he said they are just like McScrooge from DuckTales. And they paid 400 million dollars to acquire Respawn Entertainment in November 2017. However, AT&T (who is essentially the biggest telecommunications and mobile provider company in the world) will likely request at least 4 billion dollars for Warner Bros. Games and Entertainment, so get those pockets emptied, EA…

Source: WCCFTech

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