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Stock impact report

‘Dead Space' Co-Creator Departs Startup After Newest Game Flops [BNN Bloomberg (Canada)]

Electronic Arts Inc. (EA) 
Last electronic arts inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ea.com
Company Research Source: BNN Bloomberg
Chief Executive Officer Glen Schofield is leaving, a Krafton representative confirmed Wednesday, saying he has “decided to pursue new opportunities.” Striking Distance's chief operating officer and chief financial officer are also leaving. Krafton said all three departures were voluntary. Chief Development Officer Steve Papoutsis will take over as CEO. In a statement, Schofield said his departure was “bittersweet, but I know the studio is in excellent hands.” Schofield founded the studio in 2019 to make a spiritual successor to Dead Space, the sci-fi horror series he co-created while working at Electronic Arts Inc. In December 2022, the company released The Callisto Protocol to mediocre reviews. In January, analysts said the horror game was on track to sell 2 million copies, missing Krafton's target of 5 million. In recent months, Striking Distance laid off more than 30 staffers. The company's website now shows around 90 employees. The shakeup at the San Ramon, California-based Show less Read more
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