Digiday reports: “Electronic Arts had a banner year in 2021. The game developer’s earnings nearly doubled between Q2 2021 and Q2 2022, reflecting the increasing prominence of video games as a tentpole of popular culture. Over the last 12 months, EA has capitalized on this good fortune through a flurry of M&A activity, including its $2.1 billion acquisition of mobile developer Glu Mobile and its $1.2 billion purchase of racing game company Codemasters.”
