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How to save your publishing company, AA style

chautemoc | May 12, 2008 | Industry News | Company 
Analysis company Pacific Crest Securities have laid out a way for publishing companies to save their business in the face of rising costs, saying EA is the best example (apparently aspiring to become 'what Disney is to cartoons' wasn't all talk). The advice seems helpful, and this is pretty much it summed up: stop sucking.
1. Recognize the problem: EA sees declining quality, market share, competitive position.
2. Seek help. Initiates a search for new management.
3. Decide to trust help: Hires John Riccitiello, Peter Moore, Kathy Vrabeck.
4. Take a close look at yourself: Go through detailed fiscal year 2009 and fiscal year 2011 plan.
5. Share your findings with another: Set out strong goals to board.
6. Practice trusting your help: Delay Spore, Warhammer, Battlefield, Mercenaries, and Rock Band in Europe.
7. Ask for help in specific ways: Admit issues and allow new hires to address flaws in quality, technology, and platform choices.
8. Think about those harmed. Host a very bullish analyst day for frustrated investors. Prep a solid fiscal year 2009 release slate for customers.
9. Make things right to those harmed: Release high-quality games for gamers and rein in costs in fiscal year 2009 for investors.
10. Regular check-ups: Host another bullish analyst day in February 2009.
11. Grow trust in help: Hit very optimistic market-share and margin targets
12. Live the program: Return EA to its glory in fiscal year 2011.
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