REDWOOD CITY, Calif., February 03, 2023--Electronic Arts Inc. (NASDAQ: EA) today announced that EA SPORTS™, a leader in interactive sports entertainment, has signed a partnership with back-to-back Formula 1® World Champion Max Verstappen. The agreement will see the Oracle Red Bull Racing driver collaborate with the brand to create content across the EA SPORTS portfolio. The deal also includes sponsorship with Verstappen for the 2023 season, with EA SPORTS branding featuring on the chin of his ra
Activision Blizzard's (ATVI) fourth-quarter 2022 earnings are expected to reflect improved user growth benefiting from a series of new game releases amid improving video game sales in the post pandemic era.
Shares of Electronic Arts (NASDAQ: EA) fell 9% on Wednesday after the video game maker delivered lackluster financial results that were weighed down by game delays and production challenges. EA's revenue rose 5% year over year to nearly $1.9 billion in its third fiscal quarter ended Dec. 31. Notably, EA's player network topped 650 million by the end of December.