EA Comments on $70 Price Increases for PS5 & Xbox Series X Games
Could the prices of the games from EA rise on the Xbox Series X/S and PS5? According to CFO Blake Jorgensen, no concrete decision has yet been made.
In the past few months, several publishers, including EA, have confirmed that the prices of in-house games on the new generation of consoles will rise by $10 US dollars or euros.
An incident that is justified with the increased development costs on the PS5 or the Xbox Series X/S. In a recent statement, Blake Jorgensen, the Chief Financial Officer of Electronic Arts, addressed this issue and wondered whether the prices of EA games will also rise on the new consoles. As Jorgensen explained, no concrete decision has yet been taken.
“We’ve always said games are getting more expensive,” said the EA executive. “The experience is getting deeper. The time that people are playing games is getting longer. One might argue that that might require a higher price point over time, but we’ll address that as we get closer to more games coming into the next-gen console transition.”
“What I default back to is, let’s stay focused on the excitement of what we can do with new games and price will follow that. We’ll figure that out. I don’t want people to read into that—’we’re going to raise prices or not.’ We don’t know that yet. What we do know is we’re going to be able to do a lot more things with the new consoles,” he stated.
While the Xbox Series S and Xbox Series X will be released on November 10, 2020, the PlayStation 5 will be available in the USA from November 12, 2020, and the rest of the world on November 19, 2020.