EA Buying ‘Golf Clash’ Game Developer Playdemic for $1.4B
Electronic Arts will pay $1.4 billion cash to buy mobile games studio Playdemic from Warner Bros. Games, announced AT&T, WarnerMedia and EA Wednesday. Playdemic is the studio behind the popular mobile game Golf Clash, downloaded more than 80 million times…
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globally, said the sellers. “While we have great respect for the Playdemic team, our decision to divest is a part of our overall strategy to build games based on Warner Bros. storied franchises,” said Warner Bros. Games President David Haddad. Buying Playdemic is “the next step building on our strategy to expand our sports portfolio and accelerate our growth in mobile to reach more players around the world,” said EA CEO Andrew Wilson. Holdings in the Warner Bros. Games portfolio other than Playdemic will become part of WarnerMedia/Discovery when that transaction closes, said AT&T.