EA Comments On Free PS5 And Xbox Series X Upgrades For Its Games Eddie Makuch A new generation of consoles is coming this holiday with the PlayStation 5 and Xbox Series X. One of the largest game publishers in the business has now spoken about delivering free upgrades of its games for the new machines to help consumers through the transition. EA CFO Blake Jorgensen said during EA's earnings briefing that at least some of the company's titles will be available on PS5 and Xbox Series X through upgrades that won't cost extra. Jorgensen shared this information in remarks about the revenue that EA is expecting during the fiscal year. "Note that this year the phasing includes the effect of revenue recognition from the games we are launching for the current generation of consoles that can also be upgraded for free for the next generation," he said (emphasis added). "We've made a preliminary estimate of that impact in the phasing. But it should be noted that this will not affect net bookings for the full year, nor cash flow, just the timing of recognition." Continue Reading at GameSpot https://ift.tt/eA8V8J

A new generation of consoles is coming this holiday with the PlayStation 5 and Xbox Series X. One of the largest game publishers in the business has now spoken about delivering free upgrades of its games for the new machines to help consumers through the transition.

EA CFO Blake Jorgensen said during EA's earnings briefing that at least some of the company's titles will be available on PS5 and Xbox Series X through upgrades that won't cost extra. Jorgensen shared this information in remarks about the revenue that EA is expecting during the fiscal year.

"Note that this year the phasing includes the effect of revenue recognition from the games we are launching for the current generation of consoles that can also be upgraded for free for the next generation," he said (emphasis added). "We've made a preliminary estimate of that impact in the phasing. But it should be noted that this will not affect net bookings for the full year, nor cash flow, just the timing of recognition."

Continue Reading at GameSpot

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