Gaming News

The EA CEO Addresses Recessionary Concerns

By Arthur

Nov 3, 2022

Andrew Wilson, the CEO of EA, addresses investors about how a recession may soon affect the company's prospects.

EA CEO Addresses Recessionary Concerns

The CEO of Electronic Arts has spoken to shareholders and the media about how the industry giant may be impacted by the upcoming economic downturn in the US.

EA CEO Addresses Recessionary Concerns

Consumers are frequently compelled to cut back on non-essential purchases like video games during tough economic times, endangering the financial stability of publishers and developers, including well-known and huge studios like EA.

EA CEO Addresses Recessionary Concerns

One of the biggest game publishers in the world is Electronic Arts. They have produced many well-known gaming industry classics, such as the Dead Space, Mass Effect, and Dragon Age series.

EA CEO Addresses Recessionary Concerns

Despite the company's protracted history of scandal over the past ten years, EA has continued to post record profits year after year.

EA CEO Addresses Recessionary Concerns

During the company's most recent earnings call, Electronic Arts CEO Andrew Wilson spent some time discussing the possible consequences of the upcoming US recession.

EA CEO Addresses Recessionary Concerns

The engagement with EA's products, particularly its biggest franchises like FIFA and The Sims, has so far remained unaffected by the state of the economy, he assured his listeners.

EA CEO Addresses Recessionary Concerns

He said, "As it stands right now, we haven't seen meaningful shifts in behavior," and added that he expected EA to keep expanding.

EA CEO Addresses Recessionary Concerns

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