Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 2, 2014
arrowPress Releases
September 2, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM Tech sites:


EA Abandons Plans For New Canadian Studio
EA Abandons Plans For New Canadian Studio
December 12, 2008 | By David Jenkins

December 12, 2008 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



Electronic Arts has abandoned plans to open a new studio in Vancouver, Canada, citing lower than expected revenues from the current year and the more general effects of the global economic slowdown.

EA already operates two studios in the city: Need for Speed developer Black Box and FIFA developer EA Canada. The new studio was to have been housed in a 20,000 square foot facility in the city’s Yaletown district, with planning beginning around a year ago.

No hiring target had been set for the new studio, and it is unclear what its focus would have been.

Despite a rise in critical acclaim for its more recent titles, EA has suffered a number of setbacks this year, with lower-than-expected sales forcing the company to lower its expectations for both revenues and earnings for the fiscal year.

As a result, the company has said it plans to reduce its headcount, consolidate existing facilities, and reduce the number of products produced in the next financial year.

"These are challenging times, they're uncertain times for our industry and across the board," spokesman Colin Macrae told The Globe and Mail. "We continue to be firmly rooted in Vancouver."


Related Jobs

YAGER Development GmbH
YAGER Development GmbH — Berlin, Germany
[09.02.14]

Visual FX Artist (f/m)
Quantic Dream
Quantic Dream — PARIS, France
[09.02.14]

Animation Director
Vicarious Visions / Activision
Vicarious Visions / Activision — Albany, New York, United States
[09.02.14]

VFX Artist-Vicarious Visions
Vicarious Visions / Activision
Vicarious Visions / Activision — Albany, New York, United States
[09.02.14]

Animator-Temporary-Vicarious Visions










Comments



none
 
Comment: