Electronic Arts To Spend $80 million On Next-Gen Games In 2013


Posted May 7, 2012 - By Stephen Johnson

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Electronic Arts is committed to the next generation of consoles. In a recent financial filing, the company said it will spend $80 million on "development of games for Gen4 console systems."

While the company isn't ready to say which titles it's developing for the PlayStation 4 (or whatever it will be called) or the next Xbox, it's nice to know that EA is thinking ahead, and when these systems do eventually launch, there will be games out for them.

Let's move from EA's future to its past. In the last year, EA reports a strong quarter and a fiscal year highlighted with $1.2 billion of digital revenue,

"In the coming year, we break away from the pack," said Chief Executive Officer John Riccitiello. "With a very different profile than the traditional game companies and capabilities that none of our new digital competitors can match."

Tags: Videogames
Electronic Arts To Spend $80 million On Next-Gen Games In 2013


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