EA Sports have lost $820 million after losing the rights to Juventus – Oh My Goal
We were all shocked when Juventus and PES announced an exclusive deal, but nobody took it harder than EA Sports. The gaming publisher’s stock shares and company value plummeted after the news was announced. What does this mean for FIFA 20? Discover all the answers in this video…\n\n—————————————\n\nLike this video if you want to see more episodes and react in the comments section below\n\nDon’t forget to turn on notifications so you don’t miss our latest videos.\n\nFollow us:\nYouTube – Oh My Goal: http://bit.ly/2UjcrLo\nYoutube – Oh My Goal – News: http://bit.ly/2Xgxk7F\nYoutube – Ultimate Freestyle: http://bit.ly/2TKSZqS\nFacebook: https://www.facebook.com/OhMyGoal.Kel…\nInstagram: https://www.instagram.com/ohmygoal/\nTwitter: https://twitter.com/OhMyGoalUS\n\n—————————————\n\n© Oh My Goal – Jellysmack
EA loses Juventus rights, club will not be featured in FIFA 20
Electronic Arts shares fell 3.28% on Tuesday after the video game company announced that it no longer has a licensing agreement with Juventus, the Italian football club that Cristiano Ronaldo plays..
Rights to “Juventus” are now owned by Konami, the Japanese company that develops Pro Evolution Soccer. PES will also likely get exclusive access to Juventus’ Allianz Stadium.
EA’s press release states that players “Juventus” will be available in future games, but with the fictional Piemonte Calcio club. This club will have its own badge and kit designed by EA Sports, although at this stage there are no details on what they will look like..
The FIFA franchise is EA’s most played game. The company said in a May Securities report that net income from the three most recent versions of the game is 14% of total net income..
The versions of FIFA that have already been published will not be affected by the changes, the company said. Considering FIFA 19’s calling card was Cristiano Ronaldo in full form “Juventus”, experts express confidence that EA Sports is a little annoyed by the news that they will no longer be able to represent Italy’s most successful club in their next version of FIFA.
Ronaldo is one of the most popular athletes in the world. Forbes named him the second highest paid athlete earlier this year..
Video game stocks outpaced EA on Tuesday with Activision Blizzard down 1.42% and Take Two Interactive up 0.05%.
PES 2020 Coming September 10, FIFA 20 Launching September 27.