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EA buys Playdemic for $1.4 billion

The creators of Golf Clash, Playdemic is under WarnerMedia … and what a lovely pay-day it is!

Taken from Engadget … EA is keen to grow its footprint in mobile sports gaming beyond the likes of FIFA Mobile. EA has bought Golf Clash creator Playdemic from WarnerMedia for a sizeable $1.4 billion to help “expand [its] sports portfolio.” It’s taking advantage of WarnerMedia’s eagerness to offload assets as it merges with Discovery and focuses its game lineup on titles based on “storied franchises,” according to Warner Bros. Games President David Haddad.

EA still plans to capitalize on the “ongoing success” of Golf Clash, and hints that it wants to bring that game structure to other brands on top of developing new experiences.

That’s an unusually large payout for a studio that you might not know by name, but it makes sense for both companies. Golf Clash has been popular for years, racking up 80 million downloads as well as awards from the likes of BAFTA and the Independent Game Developers’ Association. EA is walking into a franchise that’s already making money, and might not have to spend much more to help it grow.

Source: Engadget

 

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