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Electronic Arts surges on higher profit thanks to “College Football 25”

That $600 payment to every college football player who agreed to appear in “College Football 25” sure seems to have paid off for Electronic Arts. The sporty game studio reported its fourth-quarter results after the bell on Tuesday and said the collegiate title helped fuel its 2025 results.

EA posted a $254 million profit, up 40% from a year earlier. Its American Football division alone scored more than $1 billion in net bookings on the fiscal year, a good chunk of its $7.36 billion net bookings total. Live services — which fuel many of EA’s sports titles — represented 73% of total net bookings on the year.

Now that rival Take-Two’s tentpole “GTA 6” title has been delayed until late May 2026 (out of EA's fiscal 2026), the company expects net bookings of between $7.6 billion and $8 billion.

The company's shares were up more than 5% in after-hours trading.

Last week, EA announced its fourth round of layoffs since 2023 and scrapped a “Titanfall” game that was in development.

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business

Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

business

Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.

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