It’s on the books, people: EA CEO John Ricitiello is out. The #2 publisher isn’t going to hit its numbers for the quarter and has been underperforming for some time, even as it endures a hailstorm of ongoing negative press. In his memo to employees, Ricitiello takes the high road, assuming all the blame for EA’s revenue problems and stating unequivocally that the buck stops with him. I respect that, and I’ve always had at least some respect for John Ricitiello. He may not have been God’s gift to CEOs, but there’ve been worse in this industry; the truth is EA’s suffering can’t all be laid at his door – though the culture that allowed it probably can.
The stampede toward the exit continues at Infinity Ward, despite parent company Activision/Blizzard still refusing to pay the studio hundreds of millions in royalties owed for the success of Modern Warfare 2. The current departure list stands at eleven, not including the fired COO/CEO/CTO/CCOs Jason West and Vince Zampella. According to a source I know within Infinity Ward, more are likely submitting their resignations today, and even Activision has now admitted that it expects more …
Poor EA. Just as the publisher, long-reviled as a frumious monsterporation of creativity-gobbling soul-holery, was beginning to recover its tarnished rep among gamers and industry, it gets walloped by losses for its trouble. $391 million in losses last quarter, plans to slash another 1,500 employees – this time from Pandemic, Maxis (!), Tiburon, Mythic, Black Box, and the internal Command & Conquer team – along with about a dozen titles on the current slate. All …