EA: We’re Excited and Ready for the Next Generation, We’ve Been Working on It for Some Time
Electronic Arts published their Q1 2020 financial results yesterday. During the usual call with the investors, the EA executives on hand talked a bit about the company's plans with regards to the next generation of consoles (both Sony and Microsoft have confirmed their plans to launch their new consoles in Fall 2020).
EA Chief Financial Officer Blake Jorgensen said:
We're working hard on moving, building games for next year on Gen 5. I think it's obvious. I think everybody in the industry is doing that. As has happened in the past, not all games come out on Gen 5 immediately. And obviously, with games like Madden, you'd probably bring the Gen 5 game out when the Gen 5 console ships, not when Madden itself ships, but we'll be ready on Gen 5. We're very excited about it and we've been working on it for some time.
On a similar note, EA Chief Executive Officer Andrew Wilson discussed the company's digital (cloud and subscription) future plans.
[...] given the scale of this company and the leadership of our CTO, Ken Moss, and what we've talked about with Project Atlas some months ago, is we're also investing for the future to ensure we don't find ourselves out of position. As a company, we started to invest in our digital platform over five years ago. I think we're still the only developer publisher with a unique ID system that carries with our players regardless of game or platform they play on. We have a single data scheme and data platform across the company and single infrastructure in security and transaction engine and these types of things.
So we've been working on this model for some number of years to ensure that we are ready for the future. Now, as we think about cloud and subscription, again, we went out -- we bought a small company out of Israel that really gave us a head start in how we think about cloud fabric. We've been working on learning an organizational structure around subscription. And so we feel really good about our future there.
Credits for the investors call transcripts to Seeking Alpha.
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