Do you know, why EA is the worst company in the whole US of A? It's because Ubisoft is in France.
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Good one!
They paid 53 bil for something that has only 300 mil /year in profits?
A 200 year ROI (interest on the 20 bil loan for the leveraged buyout that ea itself will need to pay) doesn't seems too bad
CEO Andrew Wilson is set for a massive payday. The company’s last SEC filing before going private pointed to a $77 million payout for the last fiscal year, double the number that was previously reported.
One of the finer aspects of unfettered capitalism.
That's actually crazy.
For reference, Split Fiction's development cost was ~$40 million USD over ~3-4 years, ~75 devs. That's one of EA's better games, and not cheap.
Yearly, $77 million could basically fund Battlefied development (with BF6 rumored to cost $400 million, maybe?).
It's 11% of what they're looking to cut!
Even if the rationale for the bonus is "Andrew Wilson put Battlefield back on track," that's still a good chunk out of the profits of ~500M of BF6 game sales so far.
It's 1% of EA's entire yearly revenue they last reported, $7.84B.
Leveraged buyouts should be illegal
Bloodbath... Saudi Arabia
How literally are we talking here?
Unnecessary employees will be invited to the nearest consulate
So, destroy its game making capabilities and just make money for the next 20 years from of microtransaction on existing content.
Kinda of a natural progression of AAA game publishers given the way things are nowadays.
Though how many devs does it take to increment one number for the new version of the game?
It massivelly depends on what changes and how well in terms of software design the whole is done, and judging from what I've seen, for multiple reasons (it's easier to exploit yound and naived developers and those don't know how to do good software design; performance tends to be a big thing in games dev and performance optiomizantion generally goes against good software design; it's an area that tends towards experimentalism rather than well though integrated software design) gamedev isn't an area of software development were software design tends to be good.
It's EA. Just search for "2026" replace with "2027".
And? What fucks are there left to give about a publically malicious/murderous government buying a publically malicious company which publically destroys their creatives ability to stay alive in this capitalist shitscape?
I want the heart and soul of those studios (the creatives) to create a tsunami of indie studios to revive the long lost connection between the gamers and the makers.
We have to support indie devs if we want gaming to be better for all involved.
Sell 700 one million dollar skins
Don't tempt the whales
KSA is staggeringly rich but can't pay for their purchase.
Finally, some good news. Maybe Saudi Arabia bought EA to burn it down and make the world a better place.
Well that’s the end of EA. The owners will tear it apart and bleed it dry.
Well, the natural evolution from "keep on squeezing existing IP without inventing anything new" is ""keep in squeezing long published games without publishing any new games" .
People have been predicting the death of EA for over twenty years.
Meanwhile, they release another Madden and another FIFA and another Sims and another Star Wars, then mint themselves another $7B. Nevermind that all of these games are just reskinned copies of the games they've been releasing going back to the mid-90s.
I don't care what they do. Even if I hadn't already been boycotting EA for 10+ years, I'd never install Saudi-owned ring-0 "anticheat" software on any of my computers.
Well my days is not buying EA products are certainly coming to a middle.
Shit company gets worse