A group of investors including private-equity firm Silver Lake and Saudi Arabia’s Public Investment Fund could unveil a deal for the publisher best known for its sports games as soon as next week, WSJ said.
SA games, saw everything.
Electronic Arts nears roughly $50 billion deal to go private, WSJ reports
Submitted 6 months ago by ampersandrew@lemmy.world to games@lemmy.world
Comments
devolution@lemmy.world 6 months ago
rozodru@piefed.social 6 months ago
Saudi Arabia all of a sudden has become a Teenager from the late 90s/early 00s. Just buying Wrestlemania, Videogame companies and events, etc.
Next thing you know they’re going to buy Mountain Dew, Doritos, JNCO jeans and the band KoRn.
njm1314@lemmy.world 5 months ago
They’re just trying to diversify as much as they can because they know their entire nation is basically a ticking time bomb.
BurgerBaron@piefed.social 5 months ago
It won’t be, they’re doing a good job diversifying.
Unlike Alberta run by even bigger dipshits.
Blackmist@feddit.uk 5 months ago
“but his son will ride a camel…” vibes.
Agent_Karyo@lemmy.world 6 months ago
On one hand this big news, on the other hand, I don’t really see how this matters.
The last EA game that I bought was SimCity (2013) and that was comically bad.
ampersandrew@lemmy.world 6 months ago
The Saudi part matters a lot, as they’ve been grabbing lots of the gaming industry in their diversification efforts.
It also moves what their incentives and goals are. They’ll still try to make money, which means Ultimate Team isn’t going away without legislation, but when they’re private, they can probably afford to burn through some war chest searching for new franchises to replace their defunct franchises, and perhaps public investors wouldn’t be interested in losing that money in the short term.
Agent_Karyo@lemmy.world 6 months ago
I don’t really see why public or private status matters in the picture. It will be still be the same culture (and leadership?). They try something new, but if will still be the same old IMO.
I could be wrong though, I don’t really have much interests in AAA outside of a few exceptions.
acosmichippo@lemmy.world 6 months ago
given how terrible it has gone for ea over the past 15+ years maybe this is a good thing.
…oh saudi arabia, nevermind.
count_dongulus@lemmy.world 6 months ago
If EA weren’t already so bloated and full of suits, I might imagine this would allow them to pump the brakes on their scummy moneymaking policies.
rafoix@lemmy.zip 5 months ago
Private investors are just as greedy as publicly traded companies. They’re just trying to change from visible scumbags to hidden ones.
rising_man@lemmy.world 5 months ago
That means no more Diversity & LGBTQI+ in games? Well, at least Saudi Arabia aligns with the misogynistic views of teenage gamers.
Let’s if the main character in Battlefield 7 will be a suicide bomber rushing into Western soldiers.
Shezzagrad@lemmy.ml 5 months ago
Ah yes, Saudia Arabia is the gonna ruin games with racist tropes… Like any call of duty game or most western games set in the Middle East or anywhere in the world really making with racist tropes and stereotypes. Mate whether your from the UK or America the call is coming from inside the house with your awful fucking nations and their bullshit notion of “freedom of expression” remind me who was it that was crying about battlefield v having women and black people in it?
rising_man@lemmy.world 5 months ago
Who said it was better before. The problem is that every nation is pushing their agenda and we need truly independent games companies. Having video games owned by public funds is just bad. Like every medias owned for political reasons.
I’m not from UK or America. My country got stereotyped enough in games and medias don’t worry.