For the nine months ended 12/31/00, revenues decreased 10% to $1.02 billion. Net income fell 94% to $6.8 million. Revenues reflect a decrease in sales due to fewer title releases and the effect of the console transition in the Playstation and Nintendo 64 markets.
January 30, 2000
Electronic Arts, Inc. reported that third-quarter pro-forma profits fell but managed to
meet expectations as revenues grew on strong computer and new PlayStation 2
game sales.
Electronic Arts, Inc. announced that it has begun shipping "NBA LIVE 2001" for
the PlayStation 2 computer entertainment system. "NBA LIVE 2001" is rated "E"
(Everyone) by the ESRB. The game has a suggested retail price of $49.95. "NBA
LIVE 2001" is also available for the PlayStation at $39.95.
January 23, 2001
Electronic Arts, Inc. announced that it has signed an exclusive worldwide
agreement with Swedish game developer Digital Illusions to publish "Battlefield
1942" for both the PC and Xbox, the next-generation video game system from
Microsoft.
December 13, 2000
Microsoft Corp. and Electronic Arts, Inc. announced that EA will bring its games to the Xbox video game system, Microsoft's video game console scheduled to launch in fall 2001. Under the terms of the multiyear agreement, EA will commit its
worldwide studios to Xbox games development; the Company expects to publish
up to 10 titles in support of the system's launch. To get started on Xbox games
development, EA has ordered 500 Xbox Development Kits (XDKs) from Microsoft
In addition to a direct sales force, the company also has international subsidiaries in Austria, Australia,
Brazil, Canada, France, Germany, Hong Kong, Japan, New Zealand, Portugal, Puerto Rico, Singapore,
South Africa, Spain, Sweden, Switzerland, The Netherlands, Taiwan, Thailand and the United Kingdom.
Activision, Inc. announced that it has shipped "Disney's The Lion King: Simba's
Mighty Adventure". Based on Disney's "The Lion King" and Disney's "The Lion
King 2: Simba's Pride," the video games are rated "E" by the ESRB and are
available for a suggested retail price of $39.99 (PlayStation game console) and
$29.99 (Game Boy Color).
the company publishes and distributes titles that run on a variety of platforms including the PC, Sony PlayStation, Nintendo 64, Nintendo Game Boy Color and Sega Dreamcast. This diversification mitigates the risk of downturn or underperformance in any of the company's individual operations.
In order to maximize the revenues to be generated by each of its products, Activision has
expanded its worldwide direct distribution capabilities.
In June 1997, Activision acquired Take Us! Marketing & Consulting GmbH, a German company specializing in the localization and marketing of entertainment software products in German-speaking territories.
In November 1997, Activision acquired Combined Distribution (Holdings) Limited, the parent company of CentreSoft Limited, a leading independent distributor of entertainment software products in the United Kingdom, and Sony's exclusive distributor of PlayStation products to the independent retail channel in that country. CentreSoft employs approximately 200 people including one of the largest entertainment software sales and marketing organizations in the United Kingdom.
