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Business News
EA Games announce job cuts
By CMU Editorial | Published on Wednesday 11 November 2009
If the future of the music industry is music-based gaming, well, bad news people.
‘Rock Band’ co-owners Electronic Arts have announced job cuts of 1500 after reporting increased losses for the second quarter of the year, despite a revenue increase aided by demand for the Beatles edition of their pretend-to-play game.
While the gaming industry is still more buoyant than the music business, the big games firms have also been feeling the bite in recent years.