Electronic Arts (EA) uses Ridgeline Games Studio for Battlefield


electronic arts EA recently announced the formation of an all-new studio known as Ridgeline Games, which will focus on creating a new narrative campaign set in the Battlefield universe – a component that was missing in recent entries.

The studio is led by Macus Lehto, the co-creator of the Halo franchise, and includes a number of video game industry veterans.

The Battlefield franchise is one of the most popular first-person shooters since Battlefield 1942 was first launched in 2002. While Ridgeline Games focuses on the narrative aspect, EA has handed over the technological development of the multiplayer side entirely to its long-time partner, DICE, who have worked together since 2006.

In December, only a few weeks after Battlefield 2042At launch, EA revealed plans to create a connected Battlefield universe alongside widespread changes to the franchise’s development structure due to the negative reception caused by the lack of a single-player campaign in favor of a multiplayer mode. more robust.

As part of those plans, former DICE CEO Oscar Gabrielson has left EA entirely, while Respawn and Infinity Ward co-founder Vince Zampella has taken on a new role as a supervisor of the together. Battlefield franchise.

Electronic Arts Inc. Pricing and Consensus

Electronic Arts Inc. Price Consensus Chart | Submission by Electronic Arts Inc.

Bright Prospects Intensify Competition

Electronic Arts expects to benefit from its lineup of game releases for the remainder of 2022 and 2023. According to a report by Mordor Intelligence, the global gaming market is expected to grow at a CAGR of 8.94%, reaching $339.95 billion in 2027.

EA SPORTS NHL 23 is slated for a global launch on October 14. Cross-platform matchmaking will be coming to the game in November 2022, allowing matchmaking between players of the same platform generation in World of Chel and Hockey Ultimate Team (HUT).

This company Zacks Rank #3 (Hold) also announced that their golf game, EA SPORTS PGA TOURis slated for release in Spring 2023. You can see the full list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In addition, EA SPORTS PGA TOUR will be the only place golf fans can play all four major championships, including the Masters Tournament, PGA Championship, US Open Championship and The Open Championship.

The company also announced a slew of new multi-year partnerships and upcoming in-game integrations. EA SPORTS FIFA 23 and heading towards EA SPORTS FCwhere fans can play with over 19,000 players, 700 teams, 100 stadiums and 30 leagues across global sport.

However, strong prospects in the gaming industry are also leading to increased competition for EA from Interactive Take-Two TWO and ActivisionBlizzard ATVI.

Take-Two extends the Borderlands universe with the recently announced launch of New Tales from the Borderlandsa new self-contained interactive narrative adventure based on choices on October 21. On September 9, 2K and Visual Concepts will launch NBA 2K23the next offering in its industry-leading NBA series.

Additionally, 2K and disneyDIS Marvel Entertainment has announced the release of marvel’s Midnight Sun. Marvel’s Midnight Sun takes place on the darker side of Disney’s Marvel Universe. The title will launch later this fiscal year on Windows PC, Xbox Series X|S, and PS 5.

Activision is going out Wrath of the Lich King classicthe authentic recreation of World of Warcraftthe acclaimed second expansion on September 26 at no additional cost to all players with an active subscription. Monitor 2 will launch for early access with new dynamic PvP content on October 4th. Diablo IVthe next-gen installment of the genre-defining series, debuts in 2023.

Zacks names ‘only one best choice for doubling up’

From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.

It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could step in at any time.

This company could rival or surpass other recent Zacks stocks that are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.

Free: See our best stock and our 4 finalists >>

Want the latest recommendations from Zacks Investment Research? Today you can download 7 best stocks for the next 30 days. Click to get this free report

Activision Blizzard, Inc (ATVI): Free Stock Analysis Report

TakeTwo Interactive Software, Inc. (TTWO): Free Stock Analysis Report

The Walt Disney Company (DIS): Free Inventory Analysis Report

Electronic Arts Inc. (EA): Free Stock Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source link


Comments are closed.