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Frank Gibeau, President of EA labels

On Bloomberg today,¬†President of EA labels Frank Gibeau says that the company is planning on “three to five new IPs” for the next generation of consoles “within the first twenty-four months” after their release. He also says that EA expects the new consoles “in about a year’s time.” This revelation comes after Microsoft and Sony have stayed notoriously tight-lipped about the consoles that everybody and their brother expects are in the works.

Gibeau also commented on EA’s “missteps” at the start of this console generation. However, by coming out and saying they’re working on new games and IPs, it looks like EA hopes to avoid the same mistakes. Gibeau says that this is “a big investment” for the company because they’re going to go after this “transition in a big way.”

[Bloomberg]

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