EA has announced in their latest quarterly fiscal report that Bioware's new will indeed be delayed into the next financial year.

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EA boss also defended the project over rumours that the game was running up unprecedented costs. He said that the game would be able to reach profitability with half a million subscribers.

Riccitiello explained: "500,000 subscribers saw the game is substantially profitable but it's not the kind of thing that we would write home about. Anything north of 1m subscribers is a very profitable business."

EA CFO Eric Brown added on the rumours of the cost of development of The Old Republic: "There's been a fair amount of talk on various blogs, describing spends that are vastly higher than anything we've ever put in place. Some of them, they bring a chuckle but they also bring a frustration for those that are being responsible in the management of EA's R and D dollars when they read sort of falsehoods out of the press."

Thanks GamesIndustry.biz.

By Ewan Aiton