You get an E! And you get an A! Everyone gets an EA!
Free Step Dodge
Lorenzo Buti
inochinagi
I wish it was as simple as that (and I don't even care about EA), but this isn't like when MISK (the Saudis) bought SNK. It's worse. This is PIF (also the Saudis), along with Affinity Partners (Jared Kushner), lead by Silver Lake (a private equity firm) doing a LBO (limited buyout) on EA. It's gone from publicly traded to private.
inochinagi
What these groups are doing is shockingly similar to venture (AKA vulture) capitalism.... what happened to Sears and Toys R Us. They buy it, along with $20B of debt, which EA is expected to pay back, not them, and then use it to make quick profit at any cost, turning EA either into a zombie company or a carcass. Creativity or putting consumers over profit goes out the window.
inochinagi
If these corpos outside the games industry find this very lucrative, it could set a new precedent, which could mean after EA they'd do the same with a company with games we do still care about.
KasumiLover
I hope this doesn't impact a Sims 5, if it is its the end of an era for me xD
GreatDarkHero
EA games.... This is going to get weird.