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"EA isn't making a version of its NCAA Basketball video game series in time for the March Madness college basketball tournament. That's truly unheard of for EA Sports, which has released a game every year since 2003."

According to the EA Sports president, overall sales of the Woods franchise are up compared to last year.

EA's current strategy to bundle codes for free downloadable content with new copies of its games has been dubbed "project ten dollar" and put by some critics on the list of Very Bad Things That Will Hurt Consumers.

Electronic Arts will be moving away from distributing externally-developed games to focus more on its internal titles, which can generate higher margins, the company said Monday, and it plans to keep its headcount steady through its upcoming fiscal year.

Electronic Arts saw its fiscal third quarter revenue decline year over year, but at the same time shrunk its net loss from $641 million to $82 million, while reaching a company high for digital revenue.

COO John Schappert says digital revenue will still be tied to shiny discs for years to come, expresses regret that Modern Warfare 2 developers will be spending time making court cases instead of games.

Analysts are changing their forecasts on the growth of the in-game advertising industry. 

Video game giant Electronic Arts said today that it expects its quarterly and fiscal year revenues and earnings to be below its previous financial guidance.