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During Electronic Arts’ quarterly conference call, Chief Financial Officer Blake Jorgensen discussed possible acquisitions.
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Today, during Electronic Arts’ quarterly financial conference for analysts and investors, Chief Financial Officer Blake Jorgensen discussed possible acquisitions.
When asked about the company’s current position regarding new studio acquisitions (the question cited as an example of a “big asset” currently for sale probably hints at the Warner Bros. games division, but the answer did not. directly recognized the track), Jorgensen mentioned the acquisition of Respawn as an example of what Electronic Arts tends to do.
According to the executive, the best acquisitions in EA’s history are those that stem from long-term relationships with a studio. What they are trying to do is “buy great talents versus games”.
According to Jorgensen, that acquisition was not about Titanfall, but about the team’s talent.
“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 was not Titanfall.
That is not an offense to Titanfall. It’s an amazing game and, you know, will we see a Titanfall sometime, sometime in the future? But it really was about the team.
We also hear that the publisher is “more interested than ever” in acquisitions.
We are always looking at that. We will always continue to look at that. We hope to find more.
[…]It may take some time, but trust that we are more interested than ever, because we see that talent and the development of new franchises are essential for the business in the long term. ”
Jorgensen also mentioned that while he cannot comment on specific cases, EA can “take a look at almost everything” that is for sale.
For more information on Electronic Arts’ financial performance during the last quarter, you can read our dedicated article with lots of information.
