8th lutz Posted November 6, 2007 Share Posted November 6, 2007 (edited) http://www.joystiq.com/2007/11/06/ea-shuts...chicago-studio/ Gamespot reports that monolithic publisher EA has decided to close down its EA Chicago studio. Over 150 employees are affected by the decision, as are future Def Jam games (oh noes!) and a second attempt at a Marvel fighting game. Citing an internal memo from EA Games president Frank Gibeau, the article notes that EA is looking to offer many EA Chicago employees opportunities at its other studios, as well as outplacement assistance. "We're willing to take risks, make long-term investments, and to support teams and individuals between launches," reads Gibeau's alleged memo. "But each team is responsible for staying on a reasonable path to profitability. Sticking to that strategy is what gives us the financial resources and flexibility to take risks on new projects. Unfortunately, EA Chicago hasn't been able to meet that standard." If left unchecked, EA Chicago was not expected to become profitable until FY 2011 "or later." I am not shocked about it. Ea as company lost money in the last quarter with their sales being less then expected due the decrease of sports games sales for EA. Out of anything, I expected EA to announce they will not renew their exclusive video game contract with Nascar. Nascar 2008 only just over 200,000 copies for all platforms combined. That is not a good sign. I am pretty sure that was big decrease for Nascar game sales. Edited November 6, 2007 by 8th lutz Quote Link to comment Share on other sites More sharing options...
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