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Electronic Arts, Spielberg in Game Sequel

Stock quotes in this article: ERTS , DWA , MSFT  

Updated from 12:01 a.m. EDT

Electronic Arts (ERTS Quote) is teaming up with Steven Spielberg to develop original video games, the game-publishing giant plans to announce later Friday.

Spielberg will collaborate with EA on the development of three titles under the deal. Although EA will own the intellectual property underlying the games, Spielberg will have the exclusive right to develop movies or television shows based on the titles.

Shares of EA moved higher in early Friday trading, up $2.37, or 4.5%, to $54.77. ...

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