EA Update: Burnout Paradise downloaded 20,000 times, 600 jobs cut, Q2 loss reported

Just three weeks after its launch for digital distribution via the Playstation Store, Burnout Paradise has been downloaded 20,000 times at $30. That’s $600,000 both EA and Sony get to see and retailers don’t. The report comes via an earnings call that was picked up by Joystiq who quoted EA CEO, John Riccitiello saying:

In the future we see slower growth in the basic packaged goods business, and higher margins, greater growth and reduced cyclicality [sic] with these new direct-to-consumer businesses.

With these numbers in such a short time frame, it’s not hard to see why…