Tuesday, October 26, 2010

Zynga’s Value Tops Electronic Arts as Virtual-Goods Sales Surge - BusinessWeek

Strange days indeed

Zynga Game Network Inc.’s estimated worth surpassed Electronic Arts Inc.’s stock-market value, a sign of the ascendance of social-networking entertainment at the expense of traditional video games.

Zynga, the maker of such games as “FarmVille” and “FrontierVille,” is valued at $5.51 billion, according to SharesPost Inc., an exchange for shares of privately held companies. Electronic Arts, the second-largest game publisher by sales, is worth $5.16 billion on the Nasdaq Stock Market.

Zynga’s Value Tops Electronic Arts as Virtual-Goods Sales Surge - BusinessWeek

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