Comment on Electronic Arts has launched EA Advertising, a way for brands to integrate ads in games
dis_da_mor@anarchist.nexus 22 hours ago
reminder that saudi arabia’s public fund has bought ea. they’re trying to squeeze out all the revenue they can. tumble down the enshittification pyramid
Airfried@piefed.social 21 hours ago
That’s true, although very oversimplified. The slightly less simplified version is that the Jared Kushner’s private equidy firm and the Saudis took a huge loan to buy EA then loaded the company with that debt. EA will be forced to sell a huge chunk of their portfolio and layoff thousands of people. If they survive this somehow they will be a shadow of what once was but more likely they’ll simply vanish soon. This shit should be completely illegal but I would lie if I said I’ll miss EA. A few people at the top getting filthy rich by destroying the company seems like a very fitting end for them.
nogooduser@lemmy.world 11 hours ago
It should be illegal to buy a company on loan and transfer that debt to the company. You should be required to get your money back via dividends or by building the company up and reselling it.
Jiral@lemmy.world 11 hours ago
They won’t be missed, destroyer of game franchises, studios and pioneer in anti-consumer stuff and transforming games into gambling, children welcome.