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submitted 2 months ago by ampersandrew@lemmy.world to c/games@lemmy.world

In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.

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[-] Tronn4@lemmy.world 1 points 2 months ago

EA, Its not in the game

[-] Kyrgizion@lemmy.world 1 points 2 months ago

Luckily EA hasn't published anything I care about in over a decade. No big loss.

[-] DaddleDew@lemmy.world 1 points 2 months ago

EA has been dead to me since the mid 2000's when they turned Battlefield 2, which I had purchased at full price, into a severely unbalanced Pay-To-Win game.

It only went downhill since then.

[-] gerryflap@feddit.nl 1 points 2 months ago

As a big Star Wars fan this hurts though. The Jedi: Fallen Order and Survivor games where my favorite Star Wars content after Andor since Disney took over. I was looking forward to the last game in the trilogy. But I don't want these people to get any money and I'm also afraid that the project will be affected anyways :/

[-] PalmTreeIsBestTree@lemmy.world 1 points 2 months ago

Guess I am not playing Battlefield 6 then…

[-] Truscape@lemmy.blahaj.zone 0 points 2 months ago

Hop on the finals, my man, it's made by ex-DICE employees.

[-] Psythik@lemmy.world 0 points 2 months ago
[-] Truscape@lemmy.blahaj.zone 0 points 2 months ago

It's crossplay, so it's harder to directly estimate, but using SteamDB (so not counting being matchmade with console players) roughly 15-20k playing at any given time.

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What difference does this make honestly? They’re already a shit company, what do I care who owns them?

[-] CosmoNova@lemmy.world 1 points 2 months ago

So basically EA got tired of watching Ubisoft and Nintendo fight over who is worse and dropped a nuke.

[-] 13igTyme@piefed.social 1 points 2 months ago

Weird how everyone is mad or upset about EA going out of business. I look at this as a positive. EA makes 90% shit games and 10% games that are unique or could be good that I refuse to buy on the grounds that it is still owned by EA.

If the few decent IPs get sold off to a different company I might actually buy it as long as it's not one of the other mega shit companies. At least now there's a chance.

[-] LordOfLocksley@lemmy.world 1 points 2 months ago

So how long before the private equity firms strip mine EA for all it's worth, and force it to rent back it's offices, which force it to bankruptcy?

[-] frongt@lemmy.zip 0 points 2 months ago

What do you mean "before"? This right now is the start of that.

[-] Big_Boss_77@lemmynsfw.com 1 points 2 months ago

I think they were asking for a timeline... you gotta start the popcorn at just the right time so it's nice and hot when shit starts to get good... you don't want it during the previews.

[-] nocturne@slrpnk.net 1 points 2 months ago* (last edited 2 months ago)
[-] ampersandrew@lemmy.world 1 points 2 months ago

It was pretty dry, so I opted for the skeet instead.

[-] Quacksalber@sh.itjust.works 1 points 2 months ago

You can bid the chance of having (good) Mass Effect games good bye.

[-] expatriado@lemmy.world 1 points 2 months ago* (last edited 2 months ago)

going private with debt is a sign of upcoming bankruptcy, possibly dissolution. but with Kushner and the Saudis, probably more a sign of money laundering

[-] someguy3@lemmy.world -1 points 2 months ago* (last edited 2 months ago)

Nah the Saudis are desperate to diversify. And they have the money to do it. I know it's leveraged but they'll see it through.

[-] Master@sh.itjust.works 1 points 2 months ago

Meme:

Ea: was I a good game company.

Grim Reaper: No!

[-] Tigeroovy@lemmy.ca 1 points 2 months ago

Just when you thought EA couldn’t suck worse they find a way!

[-] flemtone@lemmy.world 1 points 2 months ago

I gave up on EA a long time back, and them not making Alice: Asylum was the final nail in their coffin.

[-] Senf@feddit.org 1 points 2 months ago

EA has not been able to send the Auth Codes 2-factor to my e-mail with my own domain for ages.

The support (probably AI) sends me a link to a support article about 2-factor authorisation every time. EXACTLY THE ARTICLE WHERE YOU HAVE TO SCROLL ALL THE WAY DOWN TO CONTACT SUPPORT.

[-] dependencyinjection@discuss.tchncs.de 1 points 2 months ago* (last edited 2 months ago)

Hopefully it’s a leveraged buyout and this is the death of EA.

Edit: Haha I clicked the link and it really is an LBO.

[-] ampersandrew@lemmy.world 0 points 2 months ago

Yup I added an edit. LBOs should be illegal man. Just search how many companies have been bought like this and then driven out of business.

[-] ghosthacked@lemmy.wtf 0 points 2 months ago

For a preview of what happens, look at the embracer buyouts. This is essentially a funeral

Yup. Or Toys R Us, or Debenhams (UK), or any other number of LBOs which led to the death of the company.

[-] desmosthenes@lemmy.world 0 points 2 months ago

they don’t make good games anymore anyway

[-] Duamerthrax@lemmy.world 0 points 2 months ago

They've never made good games. They sometimes allowed one of their devs to make a good game when they weren't looking, but no one is perfect.

[-] psycho_driver@lemmy.world 1 points 2 months ago

Eh some of their stuff from the 80s was pretty groovy.

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[-] vga@sopuli.xyz 0 points 2 months ago

Is this better or worse than being a public company?

Depends. This is a leveraged buyout and there are countless examples of other companies bought like this and they don’t last long.

They take on massive debt to buy it. Then they shift that debt to the company they bought and away from the individuals. Then that company is crippled paying down interest so they can’t innovate (not that EA did), then they’ll have to cut costs and the product will diminish. Likely pay out billions in dividends to the buyers can make profit and in 5-10 years EA will go bust or get sold again.

The banks will be left holding the bag, but probably covered their loses by that time so can write off the rest of the debt.

[-] mintiefresh@piefed.social 0 points 2 months ago

Damn, it really happened. Crazy.

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this post was submitted on 29 Sep 2025
64 points (100.0% liked)

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