When you admit Dragon Age: Veilguard sold less than half what you expected...
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That big stock drop isn't because of Veilguard. It's because of those sports games you mentioned. They lost the FIFA license, and their soccer game no longer prints money. That is what has the investors freaking out and tanking the stock.
This is it right here. EA consolidated to the point of only having 2 successful yearly franchises, and now those are both failing. The 3-4 yearly franchises are all dead too. (DICE's Battlefield and Battlefront come to mind).
Even hardcore EA jerkers have openly shat on how bad the new madden is
Is dice around? It’s been a decade since BF1 which was their last decent game.
They made 2 woke/MTX/ fortnight styled Battlefield games after, both largely unpopular.
We've been through an entire presidential administration without any news or reveals for the next Battlefield game, which is a long time to not have a new game cooking.
Couldn't it be a combination of that?
Veilguard is a one-off game from a franchise that hasn't put out a game in a decade. FIFA was their annual cash cow that combined with Madden to carry the entire company. But sure, it's a combination of 99.9% because they killed their golden goose, and 0.1% because Bioware put out yet another bomb.
There are orders of magnitude between them in terms of their importance to investors. Putting them on equal footing would be like pretending Bully is as important as GTA5 for Rockstar's investors.