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It's not in the game: Electronic Arts and FIFA are breaking up

It's not in the game: Electronic Arts and FIFA are breaking up

Yesterday Electronic Arts announced it would stop making FIFA-branded soccer games, ending a run from 1993-2022 which made FIFA one of the best-selling games of all time. The series will continue under the brand "EA Sports FC".

EA Sports, it's (not) in the game

EA didn't want to fork over an increasingly large sum for the FIFA license, hence the company will be hoping that gamers look through the name change and keep buying copies of the game — although these days actual game sales is not really where EA makes its dough.

Indeed, EA — like many of its competitors — makes the majority of its revenue, more than 71%, from what it calls "Live Services". That's a broad bucket for sales of extra content, subscriptions, in-game rewards and other digital goodies.

In the FIFA series those sales come mostly through EA's "Ultimate Team" — a format which sees players compete against others, while building their own team of dream players. The best players in the world, think Lionel Messi or Cristiano Ronaldo, are the rarest — but you can swing the odds of getting those players in your favor by splurging real cash, which millions of people do.

EA hasn't disclosed the numbers for its most recent fiscal year, but in the year before Ultimate Team across its games was worth a whopping $1.6 billion in revenue, more than a quarter of the company's total.

Gone are the days when you might fork over $50 for the latest game and that would be it.

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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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