Next Game From Mass Effect Director Cancelled As Studio Shuts Down [Yahoo! Finance]
Electronic Arts Inc. (EA)
Last electronic arts inc. earnings: 1/30 04:01 pm
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Source: Yahoo! Finance
On Monday, however, the studio announced it was shutting down just a few years later, having failed to acquire the funding needed to continue. “Despite efforts to shield the studio from broader challenges in the industry, an unexpected shortfall of funding left us unable to sustain operations,” the company announced on LinkedIn . “We're heartbroken that we will not be able to bring our new science-fiction universe to completion. Our main concern at this time however is for our team, and we are committed to supporting them in their transition to new employment.” Humanoid Origin is the latest new studio with veteran talent working on a large-scale game that's died on the vine amid a drought of investor money and publishing deals during one of the roughest periods for the video game industry in over a decade. There were roughly 70 employees, according to LinkedIn. Prior to founding the team, Hudson was a longtime developer and producer at BioWare, where he worked on everything from S
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- The five-year decline in earnings might be taking its toll on Electronic Arts (NASDAQ:EA) shareholders as stock falls 5.6% over the past week [Yahoo! Finance]Yahoo! Finance
EA
Earnings
- 10/29/24 - Miss
EA
Sec Filings
- 12/20/24 - Form 4
- 12/17/24 - Form 4
- 12/16/24 - Form 144
- EA's page on the SEC website