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EA Reports $310 Million Net Loss, Cuts Workforce by Six Hundred

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303w ago - Word hit today through the grapevine that "massive" layoffs had hit at Electronic Arts. Initially we heard as much as 20 percent of the staff has been let go, but a quick check with Electronic Arts confirms that it was actually 6 percent, or about 600 positions.

"EA is continuing to make progress against our business plan, but we have the constant imperative to keep our costs in line as we grow our revenues and improve our margins," Electronic Arts spokesperson Mariam Sughayer told me. "Decisions that impact people's jobs are always extremely tough but all of the people affected will be treated fairly and respectfully."

"We have begun a cost reduction initiative which will include eliminating approximately six percent of our existing workforce - or approximately 600 positions. We will also reduce hiring and close some open positions that we had previously planned to fill this fiscal year."

"All parts of EA have reviewed their team sizes to adjust employee numbers. The goal is to ensure we're resourced in a way that allows us to continue to grow our revenues while at the same time keeping our costs under control and improving profitability. These changes will be announced to affected staff starting October 30."

"These are challenging economic times around the world, and it's...
 

Barack Obama Campaign Buys Ads in Electronic Arts Video Games

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305w ago - According to Boston.com (linked above), advertisements for Barack Obama have appeared in nine EA video games, including Guitar Hero and Madden 09. The ads appear on billboards and other signage, and remind players that early voting has begun and plug a campaign Web site.

To quote: Too busy playing video games to watch presidential ads on television? Barack Obama has found you, too, by becoming the first presidential candidate to buy ad space inside a game.

Nine video games from Electronic Arts Inc., including the popular "Guitar Hero" and "Madden 09" football game, feature in-game ads from the Obama campaign.

The ads - they appear on billboards and other signage - remind players that early voting has begun and plug a campaign website.

Obama campaign officials said the video game ads target 10 states that allow early voting, including several battleground states: Ohio, Iowa, Indiana, Montana, Wisconsin, North Carolina, Nevada, New Mexico, Florida, and Colorado.
 

Anti-Piracy Efforts Rise with Controversial New Anti-Piracy Law

100°
306w ago - President Bush signed a new anti-piracy law heavily backed by the RIAA and MPAA today that establishes an IP Czar who will report directly to the president.

Primarily aimed at better protecting worldwide copyrights, the law boasts strengthening criminal laws against counterfeiting and piracy. The first IP Czar is expected to be named around the end of President Bush's final term of office.

To quote: The law also toughens criminal laws against piracy and counterfeiting, although critics have argued that the measure goes too far and risks punishing people who have not infringed.

The Recording Industry Association of America and Motion Picture Association of America backed the bill, as did the U.S. Chamber of Commerce.

"By becoming law, the PRO-IP Act sends the message to IP criminals everywhere that the U.S. will go the extra mile to protect American innovation," said Tom Donohue, president and CEO of the U.S. Chamber of Commerce.
 

Sony Refuses to Comment on Pay-to-Play MAG Reports

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308w ago - Sony has refused to comment on rumors that they will charge people to play online shooter 'MAG' (Massive Action Game).

Apparently Sony mailed out a survey asking gamers if they would be willing to pay a monthly or yearly fee to play the game. Many have been angered by the rumors, but some say they wouldn't mind paying for a lag free experience.

Sony revealed MAG at this years E3 and it will support up to 256 players in eight player squads. Sony have said that there is nothing out in the market today that is like it and that a game such as this would not be possible on other consoles.

To quote: Currently there is no evidence to prove the validity of the report, which a Sony rep pointed out to us when contacted this morning. We also got the obligatory: "We don't comment on rumor and speculation", too.
 

UnOfficial FBA4PSP Revision 20080927 out, Now Supports CPS3!

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308w ago - OopsWare and lbicelyne have released another update of the unofficial Final Burn Alpha emulator for the PlayStation Portable today.

The most exciting news belongs to the CPS3 support (PSP-2000 only).

Be sure to check gamelist.txt for the specific ROMs that work on this build.

Download: UnOfficial FBA4PSP Revision 20080927 [Click Bar Button]
 
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