Boy, things are just going from bad to worse for poor Electronic Arts. Latest piece of bad news? The company have had to shelve plans to open a new studio in Vancouver.
While EA already have two studios in the Canadian city - Black Box and EA Canada - there were plans to open a third. Were. That was before EA's holiday lineup tanked at retail, however, and in light of reduced cash flow the company have had to tighten their belts.
“These are challenging times, they're uncertain times for our industry and across the board,” EA's Colin Macrae said in a statement. “We continue to be firmly rooted in Vancouver.”
Lucky they are. EA Canada are the guys behind FIFA, whose better-than-ex-expected FIFA 09 has been one of the company's few bright spots in an otherwise awful twelve months.
EA shelves plan for new Vancouver studio [The Globe & Mail]