Disney, Electronic Arts Team Up on Star Wars Games

by Christopher Freeburn | May 7, 2013 10:04 am

EA Star Wars The Old Republic 630[1]Fans of Star Wars can expect to see a new wave of video games[2] based on George Lucas’s iconic movies coming to consoles, PCs and mobile devices in the next few years.

Disney (NYSE:DIS[3]) has signed a licensing agreement with Electronic Arts (NASDAQ:EA[4]), giving the video game developer the exclusive right to create games set in the Star Wars universe. The financial terms of the multi-year partnership were not revealed, Variety noted.

Under the deal, new games will be created targeting a core audience of adult males. Disney will continue to hold the rights for games aimed at a younger players.

Last year, Disney purchased Lucasfilm and the rights to Star Wars from Lucas for $4 billion. Disney recently shuttered the LucasArts game development studio[5].

The first games will reach consumers in 2015, which, not coincidentally, is also the scheduled date for the release[6] of the next Star Wars movie.

In 2011, Electronic Arts launched Star Wars: The Old Republic, an online multi-player game[7] that reportedly cost $150 million to create. The game has ditched subscription fees after failing to attract enough paying players.

Shares of Electronic Arts climbed more than 1% in Tuesday morning trading, while Disney was flat.

  1. [Image]: https://investorplace.com/wp-content/uploads/2011/08/EA_Star_Wars_Old_Republic_630.jpg
  2. expect to see a new wave of video games: http://variety.com/2013/digital/news/electronic-arts-to-make-new-star-wars-games-1200466418/
  3. DIS: http://studio-5.financialcontent.com/investplace/quote?Symbol=DIS
  4. EA: http://studio-5.financialcontent.com/investplace/quote?Symbol=EA
  5. recently shuttered the LucasArts game development studio: https://investorplace.com/2013/04/disney-stops-making-star-wars-games/
  6. scheduled date for the release: https://investorplace.com/2013/04/disney-promises-5-new-star-wars-films-by-2019/
  7. an online multi-player game: https://investorplace.com/2011/06/4-game-stocks-to-watch-after-e3/

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