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Walt Disney Should Buy EA, So Says The Wall Street Journal
by Rainier on Nov. 4, 2008 @ 2:12 a.m. PST
According to The Wall Street Journal, it might be a good idea for Disney to think about buying EA. After the recent lower-than-expected financial result, EA's overall market value has dropped more than half, from $19 billion to $7.2 billion. Disney owns ESPN, which is already in cahoots with EA on the Madden franchise, and Disney Interactive could otherwise more wisely spend its $200 million internal development budget among the EA studios, apart from the fact that there is a lot of new IP that could be turned into movies (Mirror's Edge, Dead Space) or games (Pixar).
According to The Wall Street Journal, it might be a good idea for Disney to think about buying EA. After the recent lower-than-expected financial result, EA's overall market value has dropped more than half, from $19 billion to $7.2 billion. Disney owns ESPN, which is already in cahoots with EA on the Madden franchise, and Disney Interactive could otherwise more wisely spend its $200 million internal development budget among the EA studios, apart from the fact that there is a lot of new IP that could be turned into movies (Mirror's Edge, Dead Space) or games (Pixar).
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