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Article: Electronic Arts Creates Internet Business Division to Develop Content for New Interactive Entertainment Sites on America Online and the Internet.
- Article from:
- PR Newswire
- Article date:
- November 22, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EA Plans to Issue a New Class of Stock for Online Division
REDWOOD CITY, Calif., Nov. 22 /PRNewswire/ -- Electronic Arts (Nasdaq: ERTS), the world's largest interactive entertainment software company, today announced that it has established a new business division to publish content for the Internet and to operate a series of new online gaming sites that it will create and deliver under an agreement with America Online, Inc. (NYSE: AOL), the world's leading interactive services company.
Electronic Arts (EA) also announced that its board of directors has approved plans to create a new class of common stock -- Electronic Arts B Common Stock -- that will ...