Virtual Legality
Virtual Legality is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
Virtual Legality #9 - Battlefield V and EA Stock Price (Hoeg Law)
In this episode, Richard Hoeg delves into EA's guidance cut, exploring its implications. He also discusses the politics surrounding Battlefield V and EA's response. Further topics include the provision of guidance, discounting strategies, and monetization in digital spaces.
Key Points
- Richard Hoeg emphasizes the importance of financial statements as an objective lens to cut through the noise and emotions that can cloud judgment on issues like video game development and sales.
- Communication missteps by game developers and publishers can significantly impact consumer perception and sales, as seen with the controversial launch and subsequent backlash against Battlefield 5.
- Electronic Arts faces a crucial period with the upcoming release of Anthem, following Battlefield 5's underperformance and the need for a strong financial turnaround in 2019.
Chapters
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Transcript
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