Private Equity 101, “buy” a business using borrowed money, put all the debt on the company you “bought”, slash costs, sell off assets, have the company declare bankruptcy and take all the debt with it, rince and repeat… Profit.
Well when you say it like that it just sounds dumb.
Nobody has ever been able to explain to me why this is legal
And as if that wasn’t an insult to the middle class, people like Elon Musk and Jeff Bezos can borrow against their stock holdings as if they were real assets, yet never be taxed on the value. But if you borrow against the value of your house, YOU get taxed on that value.
It makes rich people richer
Trump fail son in law and journalist murderer
And nothing of real value to gamers will be lost.
EA, it’s in the grave.
Once again, the fucking suits.
“We’re going to have AI write all the games now”
~ some execThey’re not a game company anymore. It’s getting the Toys R Us treatment. They’re a debt vehicle. They’re gonna borrow against its value, place all the debt into EA while pocketing the cash, and let it die.
If we’re lucky, they’ll sell off the studios and IP before cutting it loose.
AI told me we can do it!
In this whole ordeal that has been EA … I can’t remember a single instance where they tried to do the right thing by listening to the consumer, or employees for that matter.
It’s amazing they are still around even. Die quicker pls.
They own the rights to madden and college game day, those two alone can keep the doors open
The sheer power of licensing hey
Fifa games…
And Madden, EA Sports, it’s in the game
Been playing Electronic Arts games since the 1980’s.
Even if they are a shit company, Nice knowing ya.
🤞please sell off BioWare so i can play Mass Effect again.
Nothing’s stopping you from playing mass effect.
Why does everyone want sequels so badly? Are you all so attached to your nostalgia?
The majority of the series was great, but ME3 left a fair bit of unanswered questions at the end and Andromeda only added them.
I’d want a sequel because personally the series still feels unfinished
Without more content, the franchise will die.
Found Jared Kushner.
The Mass [Layoff] Effect
The offices are now just a Dead Space.
Former engineers are referred to as Apex Legends.
Just trimming some fat (and a leg or two)
People are still buying EA:s unfinished games? Wow.
I admit that they got me a few times, but I quickly learned not to buy from them again.
But what was the last time you bought a finished game? PS2?
The sports games keep the lights on.
Sims is also an absolute juggernaut in very different circles from Madden and FIFA
I never forgot how EA destroyed battle field
Oligarchs oligarching. Every “publisher” and “developer” is firing everyone and are gonna very quickly vanish once it’s remembered that perpetual motion is impossible.
This is great news, soon there will be no EA!
EA died a long time ago.
Yet the zombie still harasses us.
It think they were talking about the undead monster one.
I know, I know and everyone defines a different time when it happened. But it’s time for the zombie to… leave.
Perfect timing and a fitting fate, considering they are now owned by blood oil kings and nazi’s
So no change, really.
It would be if not all the wrong people profited from it.
Maybe that’s a good thing. Maybe the last thing they would do is sell off the up to better firms.
I just realized I haven’t played an EA game in over a decade. SW Battlefront II was the last one, and it felt like a downgrade from the 2005 version.
I mean, are there any of their titles that have made an impact in the last decade? I can’t think of any other than sports and racing games.
It Takes Two and Split Fiction were published by EA.
I also played Titanfall 2 which was a great little campaign.
That’s about it for me.
Once upon a time when Infinity Ward’s founders left Activision because of “Activision”, and formed Respawn with EA, I felt EA were still the good guys in the industry. The Titanfall games were amazing.
After APEX Legends came out, I feel EA used up most of their Good Karma that they had built in the past.
The Star Wars Jedi games are genuinely good self-contained no bs single player games.
I can’t comment on anything else.
I was gonna throw Star Wars Outlaws in there, but surprisingly that one was ubisoft.
Self-contained? Don’t they require a verified online account and an internet connection?
I’m referring to the way the game lets you earn everything. There is no upsell after you buy the game. If you want something from the game, you get it by playing.
I don’t believe so, but don’t quote me on that, haven’t played either in a very long time.
(EA has a habit of adding such requirements many years after the game was made, btw).
Their new owners pretty much only care about the sports games
I got Madden last year so I could get my kid into football. Figured if there was a video game, he’d be interested in learning more about the game, and it worked. Having said that, I’m not buying any new ones for updated rosters, so they won’t be seeing another dime from me.
Battlefield 6 is a new one that comes to mind - heard good things, might try it in the “perpetual demo” mode
I was looking at that recently as well, but saw the reviews are at mixed now…
All the more reason to go sailing
