Why is an anti-Semitic meme the picture for this post? Did a Jewish CEO buy the company?
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I gave up on EA a long time back, and them not making Alice: Asylum was the final nail in their coffin.
EA has basically been dead to me for a very long time, even though I know a couple of people who work there.
While the whole Saudi Arabia / Private Equity angle is terrible, part of me thinks/hopes/wishes that this is part of their whole sports-washing angle - and there is a slim but non-0 chance that there will be an improvement in the quality of their studio output over the next few years.
I’ll continue to avoid buying their games, but it would be nice to see those that still do not getting nickel-and-dimed as hard as they currently are.
Who knows, there is also the potential that this buyout backfires and Saudi’s human rights abuses become even more public knowledge as a result?
When times are as bad as they currently are, we have to hope.
Oh, cool, another buyout where the buyer doesn't have to actually pay for it, they just take out a loan and magically make the company pay for it.
Basically Tesla, oof
Y'all shouldn't be buying EA games anyway.
At this point, I see pirating The Sims as a moral imperative. There’s no reason the full game should be ~$1500.
$1500‽ What the fuck‽
The franchise basically created the microtransaction.
As much flak as Oblivion got for horse armor, the Sims did it first.
Due to Steam’s Autumn Sale putting the DLC anywhere from 30-50% off, you can currently get the complete game for the low price of only… $993.79.
I wish I was kidding.
Oh yeah, they milked that shit as much as they could. Really ruined the franchise with their bullshit.
I couldn't be more excited about what's ahead,” said Jared Kushner, Chief Executive Officer of Affinity Partners.
Because it just wouldn't be a story without a Trump family angle.
It saves so much time for him to be buying a failed company. It cuts out all the leg work he has to do.
If a company bought EA it would make sense if they were buying it for the IP. Someone who actually knows how to run a business could probably turn it around, but why is he buying it does he have another game studio that I'm not aware of?
I was thinking about this deal and... I guess it makes sense the Saudis want in on the gaming industry. I recall a long while ago an old article about the industry (probably second hand via Polygon) that noted just how much Saudis whale on mobile and loot box games. It was so disproportionate, their nobility was like 2% of a mobile title's revenue... literally just a few big families.
So my thinking is, EA, being the kind of shitty company it is, is actually probably pretty popular among Saudi nobility. That and FIFA, of course
imagine pay to win when you have infinite money.
They lost the FIFA games...
"Lost".
They lost the fifa name, but fc is basically the same, and it still has all the players and club's in it soooo... Its just a name change sadly
Truly sad times
Not because of EA, but because of the private equity shit. They want to control everything
Just when you think EA can't get any shittier, they find another way to lower the bar.
Going private could have been a net positive. But, not from venture capitalists, and certainly not from the Saudis.
Also, taking on this much debt as part of the buyout is just asking to be gutted and carved out, complete with record-breaking layoffs.
Toys R Us anyone?
Saudi owning FIFA is hilarious seeing most of its profit comes from gambling. Muslims my ass 😂 Not that they ever practiced what they preached anyway—Islam or not, religion has always been nothing but a tool of oppression to rulers.
Why do people always connect saudi to Islam when it's pretty obvious no muslim other than Saudis likes the Saudi family as they are infamous for their practises. While even a slight hint at israel and Judaism or rich jewish assholes with judaism would get you down voted to the ground even when it's an appropriate callout.
Edit: I am not challenging the comment, i am just curious as to why. One reason I could think of is that jews are considered an ethnic group so they may not be religious at all but that could apply to any religion no?
Instead of lootboxes, you cut open journalists to get your prizes.
Buy now 20 Jamales one gold drops guaranteed 40% discount.
Wait, can I still play Skate or Die! on my Commodore 64?
Just when you thought EA couldn’t suck worse they find a way!
they don’t make good games anymore anyway
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.
FIFA 99, Need for Speed : Underground, The Sims 2, C&C : Red Alert 2, SSX3, Black and White, LOTR 2 & 3, Burnout 3, Battlefield Vietnam, ...
There was a time when they were good, but they fell out of grace in the second half of the 2000s
They had a reputation for buying better companies to own the IPs and gutting the teams before the late 2000s. It's sort of cathartic seeing that happen to them now, but not really because all the shitheels who made those decisions will probably be getting a nice payout while the actually workers will just get kicked to the curb.
No, they made some bangers before going evil.
Holy shit, that is a lot of debt... EA is going to be absolutely gutted. I imagine the ones gutting it will be paid generously for the trouble though.
I haven't bought an EA game since Mass Effect 3. This is just one more reason to never give them my money.
The idea of playing a new Mass Effect owned by Jared Kushner.
I’m surprised that there isn’t any government organization that controls or oversees this kind of buyout, especially when so many billions are involved.
Huge fucking yikes on the privacy side of things, if you didn’t learn from the other 100 negatives about this company…. Enjoy fucking yourself and the world. Stop feeding evil.