EA comments on buying new studio, but Warner Bros. denies discussing rumors

With rumors of Warner Bros. Interactive Entertainment ready for sale, gaming giant Electronic Arts has commented about its general approach towards purchasing the studio. As part of the company’s latest earnings briefing, EA CFO Blake Jorgensen – who controls the company’s money – said EA is “more interested than ever” in purchasing the studio. He declined to comment specifically on Warner Bros., but pointed out that EA – as one of the largest gaming companies on the planet – is usually in the mix when the studio is put up for sale.

“It’s very rare that we don’t get a chance to see anything that’s for sale,” Jorgensen said. “You can imagine … people call us and say we’re thinking about selling the business or we’re thinking of selling ourselves. We’re a place that a lot of people decide Want to come in as a long-term home to do. To sell the business. We look at almost everything. “

Jorgensen said he “cannot comment on a specific acquisition”, but said that in the past, EA has been acquired by long-standing partnerships. EA is not necessarily interested in snapping up a studio to acquire its portfolio of games – instead, it wants to invest in talent. It is all but certain that EA is not going after Warner Bros.

“As you’ve seen in the past, where we’ve done the best is where we have long-term relationships with people and we’re really trying to buy great talent vs. the game,” he said. “I think Respawn is a classic example of this. We were able to get them in the fold and give them incredible support and all this was driven by the fact that they have incredible talent. It wasn’t about Titanfall – no offense. No. Titanfall. It’s a wonderful game and maybe you’ll see Titlefall on the road some time. But it was really about the team. “

EA worked with Respana on the Titanfall franchise in 2016 before buying the company for hundreds of millions of dollars. Respawn has continued to perform well in recent years, releasing the popular battle royal game Apex Legends and the massively successful Star Wars Jedi: Fallen Order.

Looking ahead, Jorgensen said that EA will “always” look to new creative-led teams to acquire. However, EA may not make any acquisitions any time soon due to how the global epidemic has given companies the pleasure of great fortune and may be less likely to sell.

But overall, Jorgensen said that EA “is more interested than ever because we see talent, and building great new franchises is critical to the long-term growth of the business.”

Apart from EA, Take-Two, Activision and Microsoft, all have reportedly expressed some level of interest in exploring the purchase of WBIE. The company publishes titles such as Batman: Arkham Knight, Middle-earth: Shadow of War, and Mortal Kombat 11, among many others.

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