{"id":3811,"date":"2007-10-22T09:00:26","date_gmt":"2007-10-22T16:00:26","guid":{"rendered":"http:\/\/www.dfcint.com\/dossier\/?post_type=news&#038;p=3811"},"modified":"2013-03-03T20:47:46","modified_gmt":"2013-03-04T04:47:46","slug":"ea-considers-india-studio","status":"publish","type":"post","link":"https:\/\/www.dfcint.com\/dossier\/ea-considers-india-studio\/","title":{"rendered":"EA Considers India Studio"},"content":{"rendered":"<div id=\"attachment_5335\" style=\"width: 385px\" class=\"wp-caption alignleft\"><img aria-describedby=\"caption-attachment-5335\" loading=\"lazy\" class=\"size-full wp-image-5335\" alt=\"EA has plans for India.\" src=\"http:\/\/www.dfcint.com\/dossier\/wp-content\/uploads\/2007\/10\/EA-Sports-Cricket-2007-S.jpg\" width=\"375\" height=\"281\" \/><p id=\"caption-attachment-5335\" class=\"wp-caption-text\">EA has plans for India.<\/p><\/div>\n<p>OCT. 22, 2007 \u2022 After paying over $800 million in cash and stock to acquire VG Holdings (BioWare and Pandemic Studios) on Oct. 12, at a promotional event in South Mumbai 10 days later,\u00a0 Electronic Arts reveals that a potential future development studio in India is being considered. The same week EA\u00a0 told investors that it planned to close some facilities and reduce staff by about 350 employees throughout its divisions. On Nov. 6 EA closed down its Chicago studio, citing costs at the location that had grown dramatically during the past three years, while revenue from the games developed there had not.<\/p>\n<p><span style=\"color: #3366ff;\"><em>Impact: Electronic Arts\u2019 revenues have been stagnant for nearly four years.\u00a0 New CEO John Riccitiello clearly intends to shake things up.\u00a0 EA rested on the comfortable heels of Sony for too long and now the company needs to move forward.\u00a0 However, the cost of acquiring VG Holdings from Riccitiello\u2019s old company Elevation Partners is mind boggling.\u00a0 With large media companies like Time Warner, Disney and Viacom investing heavily in the game space the cost of content is suddenly rising dramatically.\u00a0 This is great news for independent developers, but means change will be expensive for the old guard.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OCT. 22, 2007 \u2022 After paying over $800 million in cash and stock to acquire VG Holdings (BioWare and Pandemic Studios) on Oct. 12, at a promotional event in South Mumbai 10 days later,\u00a0 Electronic Arts reveals that a potential future development studio in India is being considered. The same week EA\u00a0 told investors that [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/3811"}],"collection":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/comments?post=3811"}],"version-history":[{"count":4,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/3811\/revisions"}],"predecessor-version":[{"id":5334,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/3811\/revisions\/5334"}],"wp:attachment":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/media?parent=3811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/categories?post=3811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/tags?post=3811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}