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Electronic Arts COO Peter Moore spoke with Reuters about the growth in digital sales. EA is changing its focus from physical sales at retails, to the digital market. The publishers digital revenue increased to $1.3 billion for its previous fiscal year.
"There will come a point, whether it is two or three years from now, when we say. 'We are doing more in digital media now than we are in physical media,' and it's clearly ... not far away," said Moore. "This fiscal year we have 41 social mobile and free-to-play games on the slate, and later in the year we might make announcements about more games coming."
EA has also released its forecast for its current fiscal year which ends March 2013. The publisher expects revenue from the sale of physical games to be $2.6 billion, while digital revenue is expected to increase to $1.7 billion.
"Investors are starting to understand our strategy, are starting to see light at the end of tunnel, starting to see growth rates in the areas we have invested in and in the industry as a whole starting to attract attention again," said Moore.
"There will come a point, whether it is two or three years from now, when we say. 'We are doing more in digital media now than we are in physical media,' and it's clearly ... not far away," said Moore. "This fiscal year we have 41 social mobile and free-to-play games on the slate, and later in the year we might make announcements about more games coming."
EA has also released its forecast for its current fiscal year which ends March 2013. The publisher expects revenue from the sale of physical games to be $2.6 billion, while digital revenue is expected to increase to $1.7 billion.
"Investors are starting to understand our strategy, are starting to see light at the end of tunnel, starting to see growth rates in the areas we have invested in and in the industry as a whole starting to attract attention again," said Moore.
Source:
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http://www.vgchartz.com/article/250327/peter-moore-digital-to-overtake-retail-in-2-or-3-years/
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http://www.youtube.com/watch?v=e-LE0ycgkBQ









