Reported by 7 outlets

Electronic Arts closes BioWare and cancels the next Mass Effect in companywide cuts

Ars Technica · BioWare

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AI summary of the reporting below · Updated · How we work

Electronic Arts is shutting down BioWare after more than 30 years and canceling the next Mass Effect game, the studio announced Wednesday. The closure accompanies broader layoffs across EA affecting approximately 400 workers, or about three percent of its total workforce, according to Bloomberg and Variety. Bloomberg reports that roughly 50 of those eliminated positions were based at BioWare. [1][2][3][6]

The restructuring follows a $55 billion buyout that took EA private under an investor consortium including Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners. Engadget notes the transaction left EA with significant debt, citing a figure of $20 billion, while Wccftech places the debt burden around $18 billion. Beyond shuttering BioWare's Edmonton office, EA is trimming staff at Skate studio Full Circle and pausing The Sims developer Maxis's Project Lotus to fund other efforts. [2][3][5][6]

The decision ends years of commercial turbulence for BioWare following weak sales for Dragon Age: The Veilguard and Anthem, which Engadget notes was shut down earlier this year. EA co-presidents Cam Weber and David Tinson wrote in a staff memo that the publisher will now focus resources on fewer large-scale action-adventure titles, including Marvel's Iron Man and the next Star Wars Jedi installment, while shifting attention toward annual sports titles and major shooters. [2][7]

Read the original reporting

7 outlets
KitGuru
[7] KitGuru

Its official – EA is shutting down BioWare

EA was sold off to a private equity consortium earlier this year, in a deal that has saddled the publisher with billions of dollars worth of debt. Now, the fallout is beginning, with hundreds of layoffs being scheduled. On top of that, beloved RPG studio BioWare is shutting down, cancelling plans for the next Mass … The post Its official – EA is shutting down BioWare first appeared on KitGuru.

via KitGuru
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The Verge
[6] The Verge

EA is shutting down BioWare

BioWare, the legendary studio behind RPGs like Mass Effect, Dragon Age, and Star Wars: Knights of the Old Republic, is shutting down, the company confirmed in a statement. Alongside the closure, Electronic Arts has chosen not to continue development on the next Mass Effect game that was in the works, according to an announcement sent…

via The Verge
Read at The Verge
Wccftech
[5] Wccftech

EA Shuts Down BioWare and Cancels Its 50-Person Mass Effect Project, as 350 More Layoffs Follow the $55 Billion Buyout

The day millions of RPG fans dreaded has arrived: Canadian developer BioWare is being shut down by Electronic Arts, as first reported by Bloomberg, and the studio's only in-development project, a new Mass Effect game, has been canceled. It was being developed by a skeleton crew of 50 people, following earlier layoffs that had already fueled skepticism about the game's status.

via Wccftech
Read at Wccftech