Posting record 2020 revenues, EA recommits to the Star Wars franchise that made it $3B

    
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It’s been an EA day today as reactions to the company’s Q3 FY21 financial report continue to collect around the industry, largely because the company had a banner year with record revenues left and right. It pulled in $2.4B for the quarter and $5.96B in net bookings for the year, an increase of 15% and 7% respectively.

During the earnings call, CEO Andrew Wilson told listeners that the Star Wars franchise in particular has been extremely lucrative for the company, pulling in $3BN over the course of its almost-10-year exclusivity deal with Disney. A cool billion of that sum came from Galaxy of Heroes. Wilson reassured investors that its commitment to Star Wars (and those billions) won’t be wavering in spite of Disney altering the deal and working with Ubisoft on a Star Wars title.

“I don’t think you should imagine that the fact that some other people will build some Star Wars games is going to change our commitment to that IP or our ability to build the appropriate number of games. We’ve had a long partnership with Disney… You should expect us to continue to invest in our Star Wars relationship. It’s been very profitable, to this point, over $3 billion in net bookings and we’re excited by what we’ll be able to do in the future. But you shouldn’t read this as necessarily us building less titles.”

Wilson also reinforced his support for BioWare in particular, as the fate of Anthem in the wake of so many team departures has seemed up in the air.

Relatedly, Apex Legends announced today that it’ll launch on Nintendo Switch on March 9th.

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