Electronic Arts is being taken private by private equity firm Silverlake and the Public Investment Fund of Saudi Arabia - a move that is more about power and cultural relevance than profits.
Playdemic and Golf Clash always seems to be left out when listing EA’s IPs despite it still remaining the #1 sports title on mobile in the U.S. and going strong almost 9 years in! I don’t think EA consider that mobile franchise to be an unwanted stepchild.
That’s a great callout. Golf Clash was a big success at the time EA acquired it in 2021 - for $1.4 billion. While the lifetime revenues are solid, what’s troubling is that the game’s revenue declined by 59% between 2019 and 2023 while key competitors grew by almost 600%.
Playdemic and Golf Clash always seems to be left out when listing EA’s IPs despite it still remaining the #1 sports title on mobile in the U.S. and going strong almost 9 years in! I don’t think EA consider that mobile franchise to be an unwanted stepchild.
That’s a great callout. Golf Clash was a big success at the time EA acquired it in 2021 - for $1.4 billion. While the lifetime revenues are solid, what’s troubling is that the game’s revenue declined by 59% between 2019 and 2023 while key competitors grew by almost 600%.
And that’s the point. EA is simply bad at mobile.
Here’s a good list that depicts this: https://naavik.co/deep-dives/the-turf-war-between-golf-clash-golf-rival/