Comment on Electronic Arts nears roughly $50 billion deal to go private, WSJ reports
ampersandrew@lemmy.world 2 days agoThe Saudi part matters a lot, as they’ve been grabbing lots of the gaming industry in their diversification efforts.
It also moves what their incentives and goals are. They’ll still try to make money, which means Ultimate Team isn’t going away without legislation, but when they’re private, they can probably afford to burn through some war chest searching for new franchises to replace their defunct franchises, and perhaps public investors wouldn’t be interested in losing that money in the short term.
Agent_Karyo@lemmy.world 2 days ago
I don’t really see why public or private status matters in the picture. It will be still be the same culture (and leadership?). They try something new, but if will still be the same old IMO.
I could be wrong though, I don’t really have much interests in AAA outside of a few exceptions.
ampersandrew@lemmy.world 2 days ago
Truthfully, you’ll likely see very little change in the next few years, but they wouldn’t do it if they didn’t see an advantage to it. The article outlines some of them.
shani66@ani.social 2 days ago
Being publicly traded means you don’t follow any sort of ethics, mission statement, or even actual business metrics anymore, you chase incredibly toxic and self destructive short term profit over all else. Being private means they might be and to recover from their bullshit, especially since a death spiral for a corpo is centuries long apparently.