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The Weekend Chat: The Future of Titanfall
12 November 2017, 01:55 | Francis Delgado
EA buys Titanfall dev Respawn Entertainment for as much as $455M
In what could be described as titan-level news, EA has bought Titanfall creators Respawn Entertainment in a deal worth around 400 million dollars as per an announcement by the companies last night. Respawn's total compensation includes $151 million in cash, up to $164 million in stock options, and up to $140 million based on "achievement of certain performance milestones, relating to the development of future titles".
Among other things, the buyout preserves Respawn's continued work on an upcoming EA game set in the Star Wars universe; EA now enjoys an exclusive license to making Star Wars-related video games, and any takeover by another company would have to resolve whether or how such a project would continue in production.
Do you think Respawn and their image of the franchise will change much, now that they're in the EA family?
In 2010, the president and CEO of Infinity Ward, Jason West and Vince Zampella left the company, which had previously made and started the Call of Duty series, left the company in circumstances that, to this day, are somewhat of a mystery. EA revealed two new titles along with the annual iterations of the company's sports games, as well as unveiling the highly anticipated "Star Wars:Battlefront II" open-world multiplayer gameplay.
JC Penney; Equifax — CORPORATE REPORT And after closing 138 stores, total sales fell 1.8 percent to $2.81 billion, which shows how unproductive some stores had become. The company reported the earnings of $-0.09/Share in the last quarter where the estimated EPS by analysts was $-0.05/share.
Speaking of the acquisition, Respawn CEO Vince Zampella said that, "We felt that now was the time to join an industry leader that brings the resources and support we need for long term success, while still keeping our culture and creative freedom". Respawn will retain the same creative free we've always had.
"While it wasn't necessary, going with EA made a lot of sense", he explains in a blog post. EA has been a great partner over the years with Titanfall and Titanfall 2, and we're excited to combine our strengths. (EA) Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 10, 2017.
"I will still be running things at Respawn and will also be a part of the studio leadership team at EA".
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