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King.com Appoints EA Social Games Producer to Rule New London Studio

Tricia Duryee in Commerce on May 21 at 3:10 pm PT

King.com, one of the fastest-growing social games companies on Facebook, has opened a new game studio in London that will be led by Electronics Arts and Playfish veteran Catharina Lavers Mallet. While an executive producer at EA, Lavers Mallet worked on major titles like The Sims Social. The London studio is expected to hire about 40 employees and to work with the company’s headquarters there in addition to other offices in Hamburg, Stockholm, Milan, Romania, Malta and San Francisco.

Videogames Using the Power of Fans to Get a Kick Start

Tricia Duryee in Commerce on May 21 at 7:00 am PT

Videogames are fast becoming one of the most popular categories that are able to attract start-up capital from everyday people.

Mobile Gaming Is Hot, but Pocket Gems Won’t Sell Out

Tricia Duryee in Commerce on May 17 at 9:26 am PT

Pocket Gems says it is not for sale, even though other mobile gaming companies like OMGPOP and Funzio are cashing out at big valuations.

EA Says Digital Will Offset New Console Investments for the First Time

Tricia Duryee in Commerce on May 8 at 2:45 pm PT

Despite having to sink $80 million into new console game development this year, EA’s CEO John Riccitiello is upbeat, saying that “we are absolutely a different company in a different spot.”

EA Predicts Digital Games Will Make Up 40 Percent of Revenue Next Year

Tricia Duryee in Commerce on May 7 at 1:58 pm PT

Electronic Arts beat analyst expectations for both revenue and profits today for the fourth quarter, driven by strong digital revenues and sales from its latest game, Mass Effect 3.

Will Electronic Arts’ Q4 Performance Help Its Struggling Stock?

Tricia Duryee in Commerce on May 7 at 7:00 am PT

Since the company’s last earnings release, Electronic Arts’ stock has tumbled 20 percent. Can the company’s Q4 results — coming out later today — be enough to turn things around?

CrowdStar No Longer Developing Social Games for Facebook

Tricia Duryee in Commerce on April 25 at 10:00 am PT

Crowdstar’s CEO Peter Relan said in an interview that the longtime social games maker is no longer developing for Facebook.

OMG, Zynga Planning “a Few” More Hundred Million-Dollar Acquisitions

Tricia Duryee in Commerce on April 17 at 10:13 am PT

In an interview with Bloomberg, CEO Mark Pincus said he’s looking for both great teams and companies that have break-out hits, and he’s willing to pay for them.

EA Laying Off Hundreds of Employees, but Still Aggressively Hiring

Tricia Duryee in Commerce on April 16 at 1:02 pm PT

Electronic Arts says it’s still hiring despite making headcount “adjustments” after completing several blockbuster projects last year, including Battlefield 3 and Star Wars: The Old Republic.