Electronic Arts is one of the biggest names in video games in the world. With offices all over the globe, Electronic Arts has done very well by focusing on digital gaming through its own downloadable software.
Electronic Arts has a number of subsidiaries including EA Sports, DICE, EA Mobile, and more. Aside from being publicly traded, the company isn't owned by the man who founded it, Trip Hawkins.
Where is Electronic Arts located?
Although Electronic Arts has offices around the world, its headquarters are in Redwood City, Calif. The company also has offices around the U.S. including in Florida, Washington, and Louisiana. Electronic Arts' worldwide locations include locations in Canada, France, Finland, Israel, and multiple offices in Australia and China.
How much is Electronic Arts worth?
Multiple sources say that Electronic Arts' net worth is $22. 9 billion dollars. The company is publicly-traded and its stock is currently worth $135.80.
According to Forbes, as of May 2020, Electronic Arts has generated $5.3 billion in sales. Statista stated that the company was successful as well. It reports that Electronic Arts generated a net revenue of $4.95 billion in 2019 with more than $2 million of that coming from North America.
However, the current numbers for Electronic Arts' net worth may be out of date. The company just acquired Codemasters Group Holdings PLC. According to Business Wire, Electronic Arts announced the deal on Dec. 14. Codemasters shareholders will be entitled to receive about $8 for each of their ordinary shares of the company. The deal is worth $1.2 billion.
Who is Electronic Arts' CEO?
Andrew Wilson is the current CEO of Electronic Arts. He was appointed to the role in 2013, according to the company's website. Aside from being the CEO for over a decade, he also has some previous video game experience. Wilson was also the executive vice president of EA Sports and Origin — Electronic Arts' digital distribution platform.
According to Electronic Arts' website, Wilson has structured the company around three core pillars that have shaped it into what it is today — putting players first, driving a digital transformation, and operating as one team. The focus on digital seems to be working in the company's favor.
In October 2019, an article from Forbes stated that Electronic Arts made 68 percent of its revenue that fiscal year from downloadable content, subscriptions, and more digital services.
Is Electronic Arts owned by Disney or Tencent?
Disney doesn't own Electronic Arts, but the two companies do have an exclusive deal. In 2013, they signed a deal for Electronic Arts to exclusively produce Disney's Star Wars games, according to Polygon. Disney bought the Star Wars franchise the previous year in 2012.
Tencent may be expanding into video games, but Electronic Arts isn't one of its takeovers. Tencent owns another big name in the gaming world — Riot Games. According to an article by Variety, Riot is the world's largest video game company in terms of revenue. The company is responsible for big titles like League of Legends and Valorant.