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The sale of Electronic Arts has been finalized

bbc.com

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Re: The sale of Electronic Arts has been finalized

#21

Post by Morromist »

charcircuit wrote: post #13
nick486 wrote: post #8

Earlier quoted context omitted.

>They're buying influence. Buying EA for influence? With the reputation EA has in gaming? They're a joke - they're not influencing anything. Its like buying a violin to fix a flat tire.

>They're a joke They are known for making games that sell to a mass audience and monetizing them well. It's like calling McDonald's a joke. It doesn't take away that they are a successful business affecting many people in the world.

I agree they're good at making games that sell to a mass audience - but I really think that a lot of franchises have wasted a ton of money partnering with EA, which makes poor quality games that are exactly the same as the one they printed out 12 months ago. I haven't heard anyone talking about an EA sports game since the PS1 era and they seem to have completely missed the e-sports era where DOTA and Fortnight made vast sums of money. Don't get me wrong, they've made a ton of money, but I think they could have made still far more in more competant hands.

Fabulously greedy FIFA seems to have realized this and is no longer partnering with them.

Re: The sale of Electronic Arts has been finalized

#23

Post by nick486 »

charcircuit wrote: post #13
nick486 wrote: post #8

Earlier quoted context omitted.

>They're buying influence. Buying EA for influence? With the reputation EA has in gaming? They're a joke - they're not influencing anything. Its like buying a violin to fix a flat tire.

>They're a joke They are known for making games that sell to a mass audience and monetizing them well. It's like calling McDonald's a joke. It doesn't take away that they are a successful business affecting many people in the world.

Yes, and buying McDonald's to influence anything would be a joke too. In fact EA is the McD of gaming, thats a perfect metaphor.

If you want influence, there are waaay better value propositions.

Re: The sale of Electronic Arts has been finalized

#27

Post by LocalH »

krige wrote: post #19
LocalH wrote: post #14

Earlier quoted context omitted.

I disagree. They're not gonna give up the brand recognition to rename it. They specifically wanted "Electronic Arts". EA has Battlefield, FIFA, The Sims, and Madden. Those four alone are probably responsible for 90% of the company's revenue. If anything, now you can say that EA is doubly the worst company, especially in gaming.

EA lost FIFA a few years ago. The games are now "FC". They still sell though.

Shit. I had a feeling I was fucking up on one of those. The other three are still massive franchises, though.

Re: The sale of Electronic Arts has been finalized

#28

Post by hgomersall »

whatever1 wrote: post #16
krige wrote: post #6

Because the Saudis leveraged this buyout via a massive loan from JP Morgan, EA's debt is now 10 times higher than it was when it was a publicly traded company: $2.2b to $22b. Turns out the notion that they wouldn’t need humans to make games and they would use AI for most things was a pipe dream and firing staff to be profitable with the huge loan didn't work. Now they are fucked. Every company that spends money to bu…

Fuck this corrupt system. You want to buy a company? Bring your own fucking money. Why do we have to pay for this shit?

What? This is JP Morgan on the hook for it if the loan goes bad.

Re: The sale of Electronic Arts has been finalized

#30

Post by lazide »

hgomersall wrote: post #28
whatever1 wrote: post #16

Earlier quoted context omitted.

Fuck this corrupt system. You want to buy a company? Bring your own fucking money. Why do we have to pay for this shit?

What? This is JP Morgan on the hook for it if the loan goes bad.

Too big to fail eh? Do you really think if it blows up, the public won’t get sucked in?
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