Tag Archives: Microtransactions

Mass Exodus: Bioware veterans quitting among rumored Anthem problems

Yet another one of Bioware’s founding fathers has left the game development studio behind titles like EA’s Mass Effect and the upcoming Anthem. The studio once held a good reputation in the industry for its story-tellers and RPG design experts, but their image slowly slid until most gamers began to view their titles as mediocre at best. Scores came in lower each time a new game was released with Dragon Age II, Mass Effect 3, and Mass Effect Andromeda standing out as some of their least enjoyed and lowest rated products.

This problematic scenario has caused many fans to believe that Anthem is something EA Games forced Bioware to create, seeing it as a ‘games-as-a-service’ product built for greedy cash-in functionality similar to other hollow titles EA has produced recently. This is based on evidence, not conspiracy, since Visceral Games was forced to create Battlefield: Hardline and their Dead Space IP was killed. Most fans also fear that if Anthem doesn’t turn out to be an extremely profitable project, EA Games will shut down the studio as they have with so many others before; most recently Visceral Games following the failure for Dead Space 3 to reach unrealistic goals set by EA.

Now, amid rumors that Anthem is seeing problems in development, the people who helped make Bioware what it is today are leaving. It’s understandable that those who remain a part of this company fear for their jobs and face unreasonable stress every day. After all, EA responded to Mass Effect Andromeda’s reception by immediately liquidating Bioware Montreal – an offshoot of the studio that was meant to expand its production capabilities and recruit new talent from the massive Montreal game development community.

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EA Games executive Blake Jorgensen just sold $1.5 Million of EA Stock

According to SEC filings made Friday, July 6, 2018 which were sent to Investors today on July 9, 2018 Blake Jorgensen (COO & CFO at EA Games) sold $1,503,967 worth of stock market holdings in EA on July 3, 2018 (last Tuesday). This took place over two transactions in which 6,200 shares were sold at $142.85 each (for a total of $885,670) followed by an immediate secondary motion to sell 4,300 shares at $143.79 each (for a total of $618,297). Typically game industry executives have been known to sell off large amounts of stock market holdings in the companies they work for when their inside knowledge allows them to predict a future drop in value will occur (sometimes legally, sometimes illegally based on past court findings of executives at EA in particular).

Let’s take this opportunity to give an EA News WrapUp of some recent events that may be related to this disposal of securities and late filing on a massive release of shares from a loathed industry figure who has defended loot boxes in games, even as governments condemn and ban them through new laws, as well as suggest the death of single player games, and why he may think that EA’s stock market value could be heading for a decline.

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