EA CEO: $138 Million in Digital Revenue Last Quarter

The digital revolution is in full swing as EA CEO John Riccitiello revealed that EA’s digital business brought in $138 million in revenue last quarter.

According to Gamesindustry.biz, Riccitiello “added that if the publisher’s digital business was a stand alone company, it would be seen as the “darling of Wall Street”,”

He also stated that digital distribution will overtake console and packaged goods sales next year and all online services combined (i.e. social networks, game downloads, subscriptions, microtransactions) now make up 40-45 percent of the entire industry.

Other interesting bits in the article:

• Playfish, EA’s recent $300 million social gaming acquisition, reaches 60 million people a month

• Any new EA acquisitions will likely be in the digital market

DGSpy’s Take

We are particularly interested in EA’s acquisition statement focusing entirely on digital businesses.  Coming from the industry’s top dog, this is just more proof that publishers and established players in the industry see online as the number one growth & investment domain.