BioWare doesn’t own the IP, EA does. The studio at this point has no value to them and selling BioWare would only generate income if they included the ip which they won’t.
EA will either sit on the IP or get another studio to make a mass effect game.
Though, I do not see EA doing anything to build new brands which are not mass compatible in the future unless we see a sudden huge economic uptick.
From EA:
As we focus on these larger opportunities, we’ve had a small team at BioWare working on early-development for Mass Effect. We’ve made the decision not to move forward with this development, which means we’re closing the studio and our Edmonton workspace. BioWare is a legendary studio that helped define the role-playing genre, and we do not take this decision lightly.
EA SPORTS continues to operate from a position of strength. We are fully committed and investing in the global growth of our FC franchise and across the full EA SPORTS portfolio. We have two new projects in development you’ll hear about over the next few months, including a brand-new, social-first open-world experience for our American Football team that we call “Project Gridiron,” and we are also in pre-production to bring back a beloved, fan-favorite in Fight Night, leveraging capabilities from our simulation fighting team.
In Lifestyle, we’re focusing on the long-term potential of The Sims and skate. We’re going to prioritize our efforts on “Project Evergreen” for The Sims to give the team more time to reach the full potential and vision for the game, and to help make this possible, we’re pausing development on “Project Lotus.” For skate., we’ve had a lot of success in bringing players into the game, and we need to create an experience that keeps them engaged over the long-term. To do that, we are making changes to the studio to have a more focused, smaller team to deliver on a very clear roadmap for our community that we believe will build a healthier and more sustainable business.
I doubt this will work well for shares worth. Their stocks are going down after this. Some sort of restructuring would be far better choice than just closing. Who knows, maybe EA goes similar direction as ubisoft - which is down. Would be very deserved.
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u/GrimJimmy94 8h ago
BioWare doesn’t own the IP, EA does. The studio at this point has no value to them and selling BioWare would only generate income if they included the ip which they won’t.
EA will either sit on the IP or get another studio to make a mass effect game.