Electronic Arts Delays Popular Video Game, Sinking Stock
- Battlefield V release date postponed by four weeks to Nov. 20
- Company has struggled to contend with surprise hit Fortnite
Attendees watch a preview for Battlefield V during an Electronic Arts Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 9, 2018.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Electronic Arts Inc. delayed the release of its next Battlefield video game, highlighting the challenges for established game makers to keep up with Fortnite, the shooting-game sensation that has taken the industry by storm.
The launch date of Battlefield V was delayed by four weeks to Nov. 20, and EA also cut its forecast for the fiscal year ending in March. The news sent the shares down as much as 8.7 percent on Thursday, the most since January 2016. Battlefield is a first-person shooter game, known for its realistic depiction of combat, and is one of EA’s biggest franchises.