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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

#11

Post by ReactiveJelly »

nick486 wrote: post #8
bestouff wrote: post #3

Earlier quoted context omitted.

It's not a financial investment. They're buying influence.

>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 make all the sports games. Have you noticed all the sports and Mr. Beast type slop that's like "Wow and here we are inn Dubai / Saudi Arabia whatever and it's beautiful and luxurious and we're driving in Lambos waooowww"

If product placement didn't work it wouldn't be an industry

Re: The sale of Electronic Arts has been finalized

#13

Post by charcircuit »

nick486 wrote: post #8
bestouff wrote: post #3

Earlier quoted context omitted.

It's not a financial investment. They're buying influence.

>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.

Re: The sale of Electronic Arts has been finalized

#14

Post by LocalH »

tomkarho wrote: post #7

End of an era. Who do we vote as the worst company ever now?

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.

Re: The sale of Electronic Arts has been finalized

#16

Post by whatever1 »

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?

Re: The sale of Electronic Arts has been finalized

#17

Post by krige »

neilfrndes wrote: post #9
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…

Bending Spoons seems to be doing fine

I meant in the videogame industry.

Re: The sale of Electronic Arts has been finalized

#18

Post by krige »

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.

If they sold games and were well monetized (not to be confused with heavily monetized), they wouldn't be in this situation in the first place.

Re: The sale of Electronic Arts has been finalized

#19

Post by krige »

LocalH wrote: post #14
tomkarho wrote: post #7

End of an era. Who do we vote as the worst company ever now?

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.

Re: The sale of Electronic Arts has been finalized

#20

Post by DimmieMan »

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.

The 'core gamer' bubble has always been bad for this.

Sports games sell like hotcakes and have people buy them every year religiously but you never hear about them, sims too. Their other titles were heavy hitters.

Their just a seperate audience; EA certainly has influence, just not with people that talk about games.

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