Description And Background
Electronic Arts (EA) (NASDAQ: ERTS) is an international developer, marketer, publisher and distributor of video games. Founded and incorporated on May 28, 1982 by Trip Hawkins, the company was a pioneer of the early home computer games industry and was notable for promoting the designers and programmers responsible for its games. Originally, EA was a home computing game publisher. In the late 1980s, the company began developing games in-house and supported consoles by the early 1990s. EA later grew via acquisition of several successful developers. By the early 2000s, EA had become one of the world's largest third-party publishers. In May 2008, the company reported net annual revenue of US$4.02 billion in fiscal year 2008. Currently, EA's most successful products are sports games published under its EA Sports label, games based on popular movie licenses such as Harry Potter and games from long-running franchises like Need for Speed, Medal of Honor, The Sims, Battlefield and the later games in the Burnout and Command & Conquer series. They are also the distributors of the Rock Band series. EA reported a $1.08 billion loss for the financial year ending March 2009. Revenue for the same period was up to $4.2 billion, a 15 percent rise from the previous year’s $3.6 billion.
Electronic Arts (EA) was the publisher and distributor of the Interplay's game Wasteland on every platform that was released Commodore 64, Apple II, DOS. Electronic Arts until recently owned the right to the Wasteland title but inXile Entertainment acquired the rights to in 2003. Electronic Arts developed and published Fountain of Dreams (Released in 1990), and still owns the right to the Fountain of Dreams ip . However, in 2018 many posters on reddit noticed that Meantime, another intended Sequel to wasteland, was bought by Inxile, back in 2014. This was brought back to the forefront when a leaker on reddit found that EA and Inxile were having talks.. leading to speculation that Inxile might buy Fountain of dreams and canonize it