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EA Delays Battlefield V Release By A Month Causing Its Shares To Plunge

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EA just took a bitter pill to swallow, allowing DICE to delay the release of the upcoming Battlefield V first person shooter gamer by a month and adjusted it full year guidance to reflect lower sales. The announcement caused a plunge in company’s share price almost hitting 10% when markets opened yesterday morning. It opened at 120.60 and closed at 115.94 at the end of the day's trading.

DICE said that Battlefield V will be released on the 20th of November instead of the planned 19 October release. It also makes it release not to be much in conflict with the release of Red Dead Redemption 2 which will come out 26 October and Call of Duty: Black Ops 4 which will be on 12 October, avoiding being squeezed by these two big game titles.

In a posting at the Battlefield website by Oskar Gabrielson, General Manager of DICE, they are expecting more feedback when the Open Beta opens on the 6th of September, “We believe we have one of the best Battlefield games ever on our hands.  A game that will deliver on an emotional journey through the return of unseen single player War Stories, a deep multiplayer experience, Battle Royale, along with our new live service, Tides of War - a journey across multiple theaters of WW2 and designed to keep our community together.

With the Open Beta just around the corner, we are excited about the millions of you who will join us and experience the game. And we fully expect to see even more feedback coming our way.

And that’s why we’re moving our launch date. We’re going to take the time to continue to make some final adjustments to core gameplay, and to ensure we really deliver on the potential of Tides of War.”

The delay means that net bookings will be lower for the fiscal year 2019, with EA adjusting from US$5.55 billion to the US$5.2 billion.

Perhaps it is a good move for EA and DICE TO delay the release of Battlefield V for a month. Given the debacle they experienced with Battlefield 4 and Mass Effect Andromeda before, they would rather avoid issuing an excruciating apology to their fans if they do not execute Battlefield V according to their expectations. With more features and adding Battle Royale Mode to go head to head against PUBG, Fortnite, and soon, Call of Duty: Black Ops 4, Battlefield V will have need to come out as well baked tasty bread when it comes out on its new release date.

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