EA said on Tuesday that it would pay $650 million in cash plus $100 million in stock for PopCap.

NEW YORK, May 24, 2011 /PRNewswire/ -- Spike TV, the #1 network for video game programming, today announced that it is working with leading game publisher Electronic Arts Inc., (NASDAQ: ERTS) for an exclusive live, commercial-free telecast of the company's 2011 showcase event at the Electronic Entertainment Expo (E3), the gaming industry's leading trade show.

Electronic Arts Inc predicts that their online and handheld games may become as commercially important as their traditional computer and game console titles.

Electronic Arts failed to quell concerns about the gaming industry's health as its shares slid nearly 7 percent on Wednesday.

Electronic Arts Inc. says the new U.S.