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Zynga (ZNGA) makes it official: Microsoft (MSFT) Xbox division chief and former Electronic Arts...

Zynga (ZNGA) makes it official: Microsoft (MSFT) Xbox division chief and former Electronic Arts studios head Don Mattrick is the company's new CEO, effective July 8. Mark Pincus will remain both chairman and chief product officer. Pincus: "Don is unique in the game business ... He can execute in multiple domains hardware, software and network, and he's been the person responsible for game franchises like 'Need for Speed,' 'FIFA' and 'The Sims.' Shares +2.9% AH after rising 10.4% in regular trading. (previous)
Comments (6)
  • inkyx
    , contributor
    Comments (388) | Send Message
     
    Go ZNGA
    1 Jul 2013, 04:37 PM Reply Like
  • romilar
    , contributor
    Comments (662) | Send Message
     
    @ inkyx,it may not be long before we are calling it - KAchinga...Rom
    1 Jul 2013, 05:07 PM Reply Like
  • LYogi
    , contributor
    Comments (2204) | Send Message
     
    Great great news
    1 Jul 2013, 05:23 PM Reply Like
  • DIgitalMediaView
    , contributor
    Comments (668) | Send Message
     
    Unquestionably a big plus for ZNGA. Realistically this will not produce short-term upside because the various transitions ZNGA is trying to make--post-FB, pc->mobile, gaming->gambling--are proving to be extremely challenging, and will require a longer-term strategic reset and lots of patience. But the biggest question is this: how screwed up is MSFT that they could lose such a key executive to a struggling early-stage company, and have his exit announced without any succession plan in place, when it was well known for months Mattrick was on the market?
    1 Jul 2013, 06:54 PM Reply Like
  • ru5habh
    , contributor
    Comments (2) | Send Message
     
    Agreed great news for Zynga, but still they are a long way of getting stable. Great strides in the right direction though.
    1 Jul 2013, 08:29 PM Reply Like
  • Tales From The Future
    , contributor
    Comments (4956) | Send Message
     
    Mr. DRM 24/7 now at Zynga. MSFT sure bombed at E3 2013, wonder how he will do at ZNGA.

     

    ZNGA is still in trouble, browser games are out and the competition in mobile is everywhere, iOS and Android are full of thousands of great 99c games. A few guys in a dorm room can produce the next big mobile hit, ZNGA has too high of a cost base in this market to compete in this market. I see further decline for ZNGA.

     

    All ZNGA did in the past was buy (mostly overpay) or copy-paste games from small developers. is that a viable long-term strategy? I doubt it.
    2 Jul 2013, 02:33 AM Reply Like
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