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EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

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Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#451

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Also, even the US is not in danger of becoming a theocracy.

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When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."

https://news.ycombinator.com/newsguidelines.html

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#452
post #319

Earlier quoted context omitted.

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You can't comment like this on Hacker News, no matter what you're replying to.

Phrases like "You've bought into multiple cults" and "I think you're pretty lost. Study some history. Seek help!" are never acceptable on HN, no matter the context.

And, really, are we still arguing about masks in 2025? Nobody is changing their mind about it now. Please just let it go.

Discussion like this is not what this site is for, and destroys what it is for.

If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.

https://news.ycombinator.com/newsguidelines.html

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#453
post #319

Earlier quoted context omitted.

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Please don't engage in flamewar about the relative merits of nations or regions (or COVID masks in 2025) on HN. It's not what HN is for and it destroys what it is for. This article is about the acquisition of a computer games company. The discussion ended up in a completely irrelevant and toxic place. Please remind yourself of the guidelines and make an effort to heed them in future.

https://news.ycombinator.com/newsguidelines.html

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#454

Like them or not, EA has been a major force in gaming for over 40 years (I used to work there). They invented the term "Game Producer". Their early vision for promoting Game Designers like hollywood Directors was ahead of its time. They have a hallway lined with gold discs of million seller hit games. They basically created the casual gaming industry (The Sims Division, Pogo, Casual Divisions) in a time when games we…

It seems like these types of buys are often associated with offloading debt to the bought company so that it can be shed to a company that they can then let bankrupt and then pay pennies on the dollar of their debt, if they have to pay anything. EA seems like a prime candidate for that.

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#455
post #13

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I didn’t think EA could get more evil but here we are. I remember when they were the good guys. I’d see that EA logo on my Commodore 64 load up and I knew I was in for something amazing like Archon. https://en.wikipedia.org/wiki/Archon:_The_Light_and_the_Dark

Company is worth of 50 billion, while everyone hates it these days?

It was already dislike because video game fans are a fickle bunch. Now it's own by investors that are likely to run it into the ground, and maybe add some politics to the whole affair while they ride the crashing plane

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#456
post #79

AAA gaming feels so tired (and tiresome) that this news barely registers for me. The last EA game I played was the excellent C&C remaster - and EA's main contribution was getting out of the way of the project. They still own the rights to a ton of legendary IP - SimCity, Command & Conquer, Battlefield, but I don't have illusions that new iterations of that IP will be any good. I know this is probably part of the Saud…

To their credit, the new Battlefield had an extremely well recieved beta and feedback from ongoing private tests is overwhelmingly positive. They're even shipping Godot based modding tools.

Except that it enforces kernel-level anticheat, and hence is incompatible with Linux.

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#457
post #452

Earlier quoted context omitted.

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You can't comment like this on Hacker News, no matter what you're replying to. Phrases like "You've bought into multiple cults" and "I think you're pretty lost. Study some history. Seek help!" are never acceptable on HN, no matter the context. And, really, are we still arguing about masks in 2025? Nobody is changing their mind about it now. Please just let it go. Discussion like this is not what this site is for, and…

Calling cargo cultists to get back to data and science is absolutely something for Hackers.. This is the only thing that might help them. - and they need help - If nobody can find keywords about those subjects to get started researching, they'll end up like the women in Iran. In Iran it was more difficult to argue against some vague will of god. But the modern western cargo cults go openly against hard data. So it's a lot easier - at least for people with a bit of skill in math in physics.

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#458
post #235

Am I wrong in reading this will add 20b in debt to EA the company, and not the purchasers? Because it seems like just servicing that debt will immediately put the company in a bad position.

Step 1. Take out a giant loan. Step 2. Buy a company on credit. Step 3. Stick company with the loan used to buy it. Step 4. RIF, cut costs, reduce quality, break contracts, and discontinue goods and services. Step 5. Sell everything of value. Step 6. Send that company into bankruptcy. Step 7. Rinse, lather, and repeat.

I don't understand why the creditors agree to this.

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#459
post #124

Earlier quoted context omitted.

I assume the acquisition is mostly about the sports games and Battlefield but EA really is sitting on some fantastic IP: Bioware, Westwood, and Maxis were all great studios.

I think "were" is the correct tense. EA's dictates for SimCity (2013) ended up crashing that franchise entirely, and a decade into The Sims 4, EA has admitted it's planning on endless expansion packs for Sims 4 rather than making a Sims 5, with the community largely debating whether or not the best Sims game is Sims 2 or Sims 3.

The Sims 4 was a shockingly awful product, being a retool of an in-development Sims MMO after the dramatic failure of the always online SimCity (2013) it lacked (and probably still does lack) the majority of features from the previous installation, such as an open world.

Re: EA Announces Agreement to be Acquired by PIF, Silver Lake, and Affinity Partners

#460

Earlier quoted context omitted.

Step 1. Take out a giant loan. Step 2. Buy a company on credit. Step 3. Stick company with the loan used to buy it. Step 4. RIF, cut costs, reduce quality, break contracts, and discontinue goods and services. Step 5. Sell everything of value. Step 6. Send that company into bankruptcy. Step 7. Rinse, lather, and repeat.

I don't understand why the creditors agree to this.

1) the creditors package up that debt and then sell it off to the next batch of suckers 2) the creditors are first in line to be reimbursed if the company goes belly up, so they are fine with it as long as the assets the company owns are worth more than the debt
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