Comment on Bloodbath Ahead For EA As It Looks To Cut $700 Million In Annual Costs Under Saudi Arabia

sp3ctr4l@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

• auzy1@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  It takes a lot of money to make the same games for 25 years straight, change the front logo, the names of the players, make tiny tweaks and market it.

  Maybe they need to start releasing Sims 2025, 2026, etc.

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  • sp3ctr4l@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

    I will never forgive EA for destroying Maxis.

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  • Johanno@feddit.org ⁨3⁩ ⁨weeks⁩ ago

    The problem is that they actually needed that much money for such mediocre games. They poured money into it and still made it an inferior game.

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    • auzy1@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Sims was actually fun at the time… Until they did all the expansions

      But, I really wish it was black and white. That was the best game

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      • Soggy@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Black & White would have worked so well with VR.

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• Nilz@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

  They are in a lof of debt because of the buy out.

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  • PhoenixDog@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    They’re also in a lot of debt from making dog shit for the last 15 years.

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    • TwodogsFighting@lemdro.id ⁨3⁩ ⁨weeks⁩ ago

      They’ve been making dogshit for a lot longer than that.

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      • boonhet@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

        They used to have good games in addition to the dogshit ones. Now it’s just the dogshit. Though to me the cutoff was 14 years ago, when they made the last Mass Effect game.

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      • PhoenixDog@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Touché.

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  • sp3ctr4l@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

    Kind of yes, but actually no.

    We just see that debt now, its explicit.

    EA … was subject to a leveraged buy out, that they sought out. They did this… because they needed cash, now.

    What that means is that their internal financials were an absolute shit show… that they had, up untill that point, basically just legally lied about, hid, downplayed.

    They fluffed up their balances and returns and cashflows in ways that are legal to do, but if you actually do due dilligence, you could read the writing on the wall.

    Its basically the same as any other US company that got bought out / sold itself to private equity in the last 10 or 15 years.

    Difference is, EA is so huge, it had to be bought out by essentially a sovereign wealth fund.

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• FerrisEuler@programming.dev ⁨3⁩ ⁨weeks⁩ ago

  They’ve not had a lot of success in the 2020s except for sports games they obviously pay a lot of money in licensing fees for.

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  • sp3ctr4l@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

    The Sims.

    You do not want to know how many ‘dlc’ there are for your digital dollhouse.

    As well as entire community of enthusiastic corporate boot lickers with a ‘cozy’ aesthetic.

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