3 ms·

I guess no one (yet so far) has read the article because this would be the largest single LBO ever. EA would get saddled with the debt used to acquire it, it wi

I guess no one (yet so far) has read the article because this would be the largest single LBO ever. EA would get saddled with the debt used to acquire it, it will amass more debt, workers will be laid-off, and games will disappear and enshittify rapidly. Private equity needs to be razed and liquidated because these people are nothing but economic vampires who produce nothing except extraction and destruction.

NemoNobody 1y ago
I did not read the article - that's actually exactly what ought to be done with a paper tiger at this point - investors are just brutally quick to extract all the assets, value, wealth and leave bad, broken stuff and mountains of debt - thats business 101 almost. It's a $50 Billion dollar company only bc we aren't over it yet - it's just seasonally refreshing the same games, for almost 20 years. Microsoft will swoop in and buy ALL the valuable titles and leave the rest - Microsoft already has a giant staff, so it doesn't need all the people from EA - prolly less than 1/3 would come along... What is EA going to do? Haha, release a revolutionarily familiar form of Madden that they think (pretend) the whole world will buy all the micros of?? Buckle up for Battlefield 7!!! Yay!!! FR - smh for EA's bs all these years. It's not the only "giant" like this either. Most of these companies coughSonycough - depends on the gaming world being independently competing walled garden platforms with a dedicated player base - Sony requires that. So does Nintendo. Microsoft thought that too - before all devices could be an Xbox. They jumped on that despite being the very last to the mobile market - the company will now just envelop all of it. Why buy a switch or PS5 - why buy any console? Everything has to move about - we can do that now. If Microsoft advantage is that the Xbox platform is all PCs, Phones, TVs, etc - its in the Company interest to make the world a game - AR/VR, so more like Sword Art movie, Ordinal Scale than OG Sword Art - if you consider the almost universal business market penetration for many Microsoft products, the Company wins if we do more stuff like Pokemon go, etc. I don't know how great it will be for gaming but I'm spelling this all out for a reason. It's obvious - hence EA's fate. What does Sony do? If Sony was Samsung w/Galaxy and PlayStation - that would be a bit better of a position but... This will be like Windows - we will all think of playing games as something done on Game Pass or Xbox - (the rebranding will be later) except for the small % of holdouts that eventually carve out a niche for their failed platform as "it's purposely superior thing" so tp be all smug. I'll stop now.
johnnyanmac 1y ago
Paywall doesn't help, thus is all I can read: >Videogame maker Electronic Arts is in advanced talks to go private in a roughly $50 billion deal that would likely be the largest leveraged buyout of all time, according to people familiar with the matter. A group of investors including private-equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Jared Kushner’s investment firm Affinity Partners could unveil a deal for the publisher best known for its sports games as soon as next week, the people said. But I'm not particularly surprised. It was either Vulture Capitalists or techno-trillionaire. There were rumors buzzing about Apple and Amazon swooping in for years (probably because there were talks, but nothing concrete came of it). And not to get too political (though at this point I really don't care about avoiding the subject), there's some interesting irony about all this "America first initiatives", and meanwhile one of our largest entertainment companies is being bought out by Saudi Arabia, likely leading to thousands more workers out of a job. But that's just 2025 for ya.

NemoNobody 1y ago

I did not read the article - that's actually exactly what ought to be done with a paper tiger at this point - investors are just brutally quick to extract all the assets, value, wealth and leave bad, broken stuff and mountains of debt - thats business 101 almost. It's a $50 Billion dollar company only bc we aren't over it yet - it's just seasonally refreshing the same games, for almost 20 years. Microsoft will swoop in and buy ALL the valuable titles and leave the rest - Microsoft already has a giant staff, so it doesn't need all the people from EA - prolly less than 1/3 would come along... What is EA going to do? Haha, release a revolutionarily familiar form of Madden that they think (pretend) the whole world will buy all the micros of?? Buckle up for Battlefield 7!!! Yay!!! FR - smh for EA's bs all these years. It's not the only "giant" like this either. Most of these companies coughSonycough - depends on the gaming world being independently competing walled garden platforms with a dedicated player base - Sony requires that. So does Nintendo. Microsoft thought that too - before all devices could be an Xbox. They jumped on that despite being the very last to the mobile market - the company will now just envelop all of it. Why buy a switch or PS5 - why buy any console? Everything has to move about - we can do that now. If Microsoft advantage is that the Xbox platform is all PCs, Phones, TVs, etc - its in the Company interest to make the world a game - AR/VR, so more like Sword Art movie, Ordinal Scale than OG Sword Art - if you consider the almost universal business market penetration for many Microsoft products, the Company wins if we do more stuff like Pokemon go, etc. I don't know how great it will be for gaming but I'm spelling this all out for a reason. It's obvious - hence EA's fate. What does Sony do? If Sony was Samsung w/Galaxy and PlayStation - that would be a bit better of a position but... This will be like Windows - we will all think of playing games as something done on Game Pass or Xbox - (the rebranding will be later) except for the small % of holdouts that eventually carve out a niche for their failed platform as "it's purposely superior thing" so tp be all smug. I'll stop now.

johnnyanmac 1y ago

Paywall doesn't help, thus is all I can read: >Videogame maker Electronic Arts is in advanced talks to go private in a roughly $50 billion deal that would likely be the largest leveraged buyout of all time, according to people familiar with the matter. A group of investors including private-equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Jared Kushner’s investment firm Affinity Partners could unveil a deal for the publisher best known for its sports games as soon as next week, the people said. But I'm not particularly surprised. It was either Vulture Capitalists or techno-trillionaire. There were rumors buzzing about Apple and Amazon swooping in for years (probably because there were talks, but nothing concrete came of it). And not to get too political (though at this point I really don't care about avoiding the subject), there's some interesting irony about all this "America first initiatives", and meanwhile one of our largest entertainment companies is being bought out by Saudi Arabia, likely leading to thousands more workers out of a job. But that's just 2025 for ya.