Who owns EA sports? All the details and facts of the sports entertainment company

Who owns EA sports? All the details and facts of the sports entertainment company

Grace Waruguru
updated at April 12, 2023 at 8:24 PM

Who owns EA sports? Netizens have been curious to discover the brains behind some of the most successful EA games, including Need For Speed, FIFA, and Apex Legends. Find out all about the company's ownership and the details behind the investors.

who owns ea sports
Photo illustration of the EA Sports logo displayed on a smartphone. Photo Illustration: Mateusz Slodkowski
Source: Getty Images

EA, known fully as Electronic Arts, is an international video game company founded in 1982 by Tim Hawkins. Today, the entertainment company has over 13,000 employees, and numerous game studios under it, including EA Sports. So, who owns EA Sports? Here are all the details.

EA Sports company background

Out of many gaming companies, Electronic Arts has stood the test of time, remaining relevant and competitive over the years. EA Sports is one of the top-10 gaming companies worldwide, following brands like Sony and Microsoft.

The California-based company has raked in revenue worth $7 billion, with the popular FIFA 23 becoming the world's most profitable game sold in 2022. So, ''Who owns EA Sports FIFA?'' The franchise operates under EA Sports and is one of the best-performing. Electronic Arts boasts a market capitalization of $35.57 billion in 2023.

Who is the owner of EA Sports?

who owns ea sports fifa
Electronic Arts Chief Operating Officer, Laura Miele, during The Fast Company Innovation Festival on September 20, 2022. Photo: Eugene Gologursky
Source: Getty Images

EA Sports operates under the EA umbrella. The company was listed on the Nasdaq Stock Exchange in 1989. This public listing meant that several shareholders could now invest in it.

What company owns EA Sports?

The multinational gaming company has both individual and corporate shareholders. Here are some companies that have a stake in the organization:

  • Blackrock, an investment management firm that owns 8.9% share.
  • The Vanguard Group, an asset management group with a 7.0% shareholding.
  • Public Investment Fund (PIF) of Saudi Arabia, owns 5.8% share.
  • State Street Corporation, an asset management firm that has a 4.7% stake.
  • Wellington Management Group, an asset management firm with 4.5% ownership.

Did Amazon buy EA?

Some curious fans have wondered if Amazon now owns EA. In 2022, rumours emerged that the multi-billion company planned to buy out Electronic Arts. However, the information was untrue and the original article was pulled down after establishing that the report was false.

Does Microsoft have a stake in EA?

who owns ea sports stock
An Electronic Arts video games advert at a store in Louisville, Kentucky, U.S., on Saturday, Jan. 29, 2022. Photo: Jon Cherry
Source: Getty Images

Microsoft and EA have been in partnership for a long time, making games for PC (Personal Computers) and Xbox platforms. However, the globally renowned computer company does not have shares in EA.

Personal investors who own EA Sports

Besides corporate, EA Sports ownership also comprises private investors who enjoy handsome benefits from the shares they own. These individuals are part of the company's executive and board and include:

  • Jeff Huber, who owns 79,381 shares earning him a 31.77% stake.
  • Richard Simonson has 68,153 shares which translate to a 27.35% stake.
  • Laura Miele with 32,582 shares equalling a 13.04% stake.

Who owns EA Sports stock?

what company owns ea sports
EA Sports logo on the assistant referee's attire during the Premier League match between Crystal Palace and Tottenham Hotspur on September 11, 2021. Photo: Rob Newell
Source: Getty Images

EA Sports stock is owned by the shareholders who have purchased a percentage of the company. If you are interested in buying Electronic Arts stock, you can use a stock trading account. The NASDAQ Electronic Arts stock price in January 2023 was $128.87.

For those who have wondered, ''Who owns EA Sports?'' The EA franchise, founded in 1982 by Tim Hawkins, is managed by Andrew Wilson (CEO and chairman), Laura Miele (COO) and Chris Suh (CFO)

READ ALSO: List of influential athletes sponsored by Adidas

Sports Brief published an article discussing top athletes signed by Adidas and the different agreements they have. These sports personalities include athletes and players across different sports worldwide.

Footballers Zinedine Zidane and Mohamed Salah are part of the list. Others include Donovan Mitchell, James Harden, and Ana Ivanovic. Check out this article for the full list of Adidas-sponsored athletes.

Authors
Grace Waruguru photo
Grace Waruguru
Grace has over 4 years of experience in article writing and digital media content creation for various local and global brands. She holds a Bachelor's degree in Communication (Public Relations) from Daystar University, Kenya.