EA Has Invested Half a BILLION Dollars in Star Wars
And Bioware was attracted by working with Riccitiello
According to one analyst, Electronic Arts has dumped nearly half a billion US dollars on attempting to get SWTOR in a position to beat Activision/Blizzard's World of Warcraft.
Speaking to MarketWatch, Doug Creutz of Cowen & Co states that, “I think it’s safe to say that the total all-in investment in ‘Star Wars’ is probably approaching half a billion dollars.
He continues, “EA has minimized its risks as much as it can on this bet, but it’s still a risky bet. To the extent that any one game defines his tenure, it’s going to be how ‘Star Wars’ performs.
This is all part of a profile on CEO John Riccitiello, who having had a financial interest via Bono's Elevation Partners, was able to on his return to EA to get Bioware into the fold.
“Knowing we would work with John again was a tremendous plus to make us want to join the company,” BioWare co-founder Ray Muzyka states, “At every step along the way, they worked with us to focus on our core values.”
Source: Marketwatch
Speaking to MarketWatch, Doug Creutz of Cowen & Co states that, “I think it’s safe to say that the total all-in investment in ‘Star Wars’ is probably approaching half a billion dollars.
He continues, “EA has minimized its risks as much as it can on this bet, but it’s still a risky bet. To the extent that any one game defines his tenure, it’s going to be how ‘Star Wars’ performs.
This is all part of a profile on CEO John Riccitiello, who having had a financial interest via Bono's Elevation Partners, was able to on his return to EA to get Bioware into the fold.
“Knowing we would work with John again was a tremendous plus to make us want to join the company,” BioWare co-founder Ray Muzyka states, “At every step along the way, they worked with us to focus on our core values.”
Source: Marketwatch
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