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Posts tagged riccitiello

EA's Riccitiello: Wii could use price cut, support toward third parties

EA CEO John Riccitiello feels that if the Wii would drop its price to $99 that it would "explode" back to its '07 and '08 sales levels. In an interview with IndustryGamers, the executive expressed that the recent Wii declines come from Microsoft and Sony offering competitive "gesture-based"...

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Take-Two confirms meeting with EA, letting offer expire tonight

Just a little while ago, Take-Two announced that EA has agreed to sign a confidentiality agreement and review the object of its hostile financial affection's business plans for the next three years, turning this hostile takeover into something more ... amicable. Take-Two has also confirmed that it...

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Riccitiello upbeat about MotionPlus

Of course, EA CEO John Riccitiello's job is to make every decision his company makes sound both well-considered and awesome, even when he's backhandedly saying that some things didn't work out. In an interview with VentureBeat's Dean Takahashi, he managed to both dismiss their past games and sound...

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Riccitiello buys $1 million in EA stock

Showing the man has a little bit of confidence in his company, Electronic Arts CEO John Riccitiello has bought 20,000 shares of stock at $48.37 apiece, totaling approximately $967,400. According to Barron's Online (subscription required), this is the second purchase he's made since becoming chief...

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EA hires former EA exec as new CFO

EA's named a replacement for outgoing Chief Financial Officer Warren Jenson and the winner is: Eric Brown of McAfee Inc. GameDaily reports Brown is no stranger to the ways of EA, having served as Chief Operating Officer of EA's Redwood Shores Studio. EA CEO John Riccitiello says Brown's broad...

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Analyst: EA being Rockstar's 'white knight' is 'bullsh*t'

Amidst EA's hostile takeover of Take-Two, EA Chief Exec. John Riccitiello told the New York Times last week that his company would "represent a white knight" to a developer like Rockstar (GTA, Bully) and bring its games to a wider audience than Take-Two could. GameDaily spoke with a couple of the...

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Take-Two asks shareholders not to take EA offer

Take-Two is appealing to stockholders not to consider EA's early-morning all cash tender offer, which pitched a purchase of the company's stock at $26 a share (a 4.4% premium over yesterday's closing price). The Take-Two board states it will review and consider EA's offer and, within 10 business...

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EA makes all cash tender offer to purchase Take-Two

With Take-Two Executive Chairman Strauss Zelnick having thoroughly rejected EA's initial buyout offer, the Madden and Burnout publisher has redirected its corporate Katamari at Take-Two shareholders. EA has announced the commencement of a tender offer for all of the currently outstanding shares of...

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EA: Rock Band may face shortages through year's end

Continuing their tradition of sitting in on droning investor earnings report calls (so you don't have to!) Gamasutra noticed EA president John Riccitiello predicting that Rock Band bundles may be tough to come by for a while. "We won't be able to put up enough inventory to meet the demand of this...

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