Brian Ward
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Pokémon Go and EA FC could be "under one roof", as EA and Saudi-owned Savvy Games Group reportedly considering merger
Saudi Arabia's Public Investment Fund (PIF) is reportedly considering merging Electronic Arts (EA) with its subsidiary Savvy Games Group to improve asset coordination. This potential merger follows EA's recent $55 billion acquisition by the PIF. Savvy Games Group already owns companies like Scopely and ESL, and has partial stakes in Capcom and Nintendo.
Saudi Arabia's PIF reportedly considering to combine EA with Savvy Games Group
Saudi Arabia's Public Investment Fund (PIF) is reportedly considering merging Electronic Arts (EA) with its subsidiary, Savvy Games Group, to improve coordination between its assets. This potential merger is unlikely to proceed until Savvy completes its $6 billion acquisition of Moonton. EA's acquisition by the PIF was finalized last month, with assurances that creative control and player-first values would remain intact.
Report: Savvy Games Group CEO Brian Ward departs company
Brian Ward, CEO of Saudi Arabian video game conglomerate Savvy Games Group, is reportedly stepping down. Ward announced his departure to employees, stating it's the right time for new leadership during the company's growth phase. Turqi Alnowaiser, deputy governor of the parent Public Investment Fund, will temporarily replace him.
MMO Business Roundup: Savvy Games’ CEO, Nvidia’s AI filter, and PlayStation 5’s monetization
This business roundup covers several key developments in the gaming industry. Savvy Games Group's CEO Brian Ward is stepping down, Nvidia's DLSS AI filter is criticized for negatively impacting game performance, and Sony's CEO Hiroki Totoki outlined plans to focus on monetizing the existing PlayStation 5 user base, particularly PlayStation Plus subscribers.
Brian Ward steps down as Savvy Games Group CEO
Brian Ward is stepping down as CEO of Savvy Games Group, a company established in 2021 to expand Saudi Arabia's presence in the global games industry. Turqi Alnowaiser, deputy governor of the Public Investment Fund (PIF), will serve as interim acting CEO. Ward's tenure saw significant acquisitions, including Scopely and Moonton.
CEO of Saudi Arabia's Savvy Games Group Brian Ward steps down after overseeing billions in mobile gaming acquisitions
Brian Ward, CEO of Saudi Arabia's Savvy Games Group, has stepped down after overseeing billions in investments, including significant stakes in Niantic and Scopely. His departure comes amidst concerns following Saudi Arabia's recent acquisition of Electronic Arts. Industry analyst George Osborn noted Ward's diligent work in building Savvy's portfolio, balancing acquisitions with ecosystem development.
ESA's iicon conference expands speaker lineup, with EA's Andrew Wilson joining CEOs of Ubisoft, Take Two, Riot, Savvy Games and more
The Entertainment Software Association's new iicon conference has expanded its speaker lineup, adding Electronic Arts CEO Andrew Wilson. He will join other industry leaders including Yves Guillemot of Ubisoft, Strauss Zelnick of Take-Two Interactive, Dylan Jadeja of Riot Games, and Brian Ward of Savvy Games Group. The event focuses on interactive entertainment and its expansion opportunities across various industries.
Saudi-backed Savvy Games acquires mobile developer Moonton for $6 billion
Saudi-backed Savvy Games has acquired Chinese mobile developer Moonton for $6 billion, strengthening its position in the mobile gaming and esports markets. Moonton is known for its popular MOBA game Mobile Legends: Bang Bang, which boasts over 110 million monthly active players. This acquisition is part of Savvy Games' broader strategy to invest heavily in the gaming industry.