Rumor has it that Warner Bros. Interactive Entertainment has been sold, and gaming giant Electronic Arts has commented on its general approach to buying studios. EA CFO Blake Jorgensen, who controls the company’s money, said the company’s latest earnings reviews. EA said it wants to buy more “than ever”. He declined to comment specifically on Warner Bros., but noted that EA – as one of the largest gaming companies on the planet – is usually of various types when studios are sold.
“It’s a very rare case that we don’t get a chance to look at everything that’s for sale,” Jorgensen said. “You can imagine … people call us and say we̵7;re thinking about selling a business or thinking about selling ourselves. We’re a place many people want to come to a long-term home if they decide to sell a business. We have to look at almost everything.”
Jorgensen said he “could not comment on any specific acquisition,” but stressed that EA had acquired long-term partnerships in the past. EA isn’t necessarily interested in hijacking a studio to get its gaming portfolio – instead, it wants to invest in talent. It all definitely sounds like EA isn’t going after Warner Bros.
“As you’ve seen in the past, where we’ve done our best, where we have long-term relationships with people and are actually trying to buy great talent compared to games,” he said. “I think Respawn is a classic example of that. We were able to put them together and give them incredible support. All of that made them have incredible talent. It wasn’t about Titanfall – no crime on Titanfall. It’s an amazing game and “You might see Titanfall on the road for a while. But it really was a team.”
EA worked with Respawn on the Titanfall franchise for many years before buying the company in 2016 for hundreds of millions of dollars. In recent years, Respawn has continued to play successfully with the release of the popular battle royal game Apex Legends and the massively successful Star Wars Jedi: Fallen Order.
Looking to the future, Jorgensen said EA will “always” look at new creatively led teams that need to be acquired. However, EA may not buy quickly, in part because companies have benefited greatly from the global pandemic and may be less inclined to sell.
But overall, Jorgensen said EA “is more interested than ever because we see talent, and creating new franchises is critical to long-term business growth.”
In addition to EA, Take-Two, Activision, and Microsoft are all reported to have expressed some interest in exploring the WBIE acquisition. The company releases titles such as Batman: Arkham Knight, Middle-earth: Shadow of War and Mortal Kombat 11, among many others.