(Belga) The famous football simulation video game Fifa will be renamed EA Sports FC, US video game publisher Electronic Arts announced on Tuesday. The decision marks the end of a partnership with an international federation amid controversy.
Last October, several media outlets reported that the International Federation of Amateur Football (FIFA), which oversees the national federations of each member country, demanded that the package allocated to EA to use its name be increased from $150 million to $250 million. Already dissatisfied with the partnership prior to this new request, Electronic Arts leaders have decided to scrap it and change the title of the game to a 2024 release, a 2023 vintage that will be released later this year, according to The New York Times. in the fall, retaining the FIFA name. Despite this change, EA has maintained its agreements with all other leagues and federations that allow it to offer a choice of over 19,000 existing players, the publisher explained in a press release published Tuesday. The publisher posted on Tuesday a total turnover of $1.82 billion for the quarter, up 35%. Net bookings, the most popular figure in the video game industry, reached $1.75 billion, slightly below analysts’ expectations. EA reported $225 million in net income for the period, well below its per-share projections. Despite this disappointment, the stock rose 1.24% in electronic trading after Wall Street closed. (Belga)