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Translation: Saudi Arabia (PIF), a private equity firm, and Jared Kushner (Affinity Partners).
Was it paid for in DLCs?
Although I'm not optimistic, there's a small chance this might shake up the sorry state of EA Sports. The incessant focus on microtransactions and features that are essentially just sports themed slot machines over actual solid gameplay has kept me far away from those games for a long time.

EDIT: I think I might have worded that poorly. I do NOT think a change is going to happen, at least not one for the better, especially considering the actors involved in the buyout. I think it's optimistic to think that it will.

Lol. Well someone at EA saw the writing on the wall. This is going to be a bad acquisition by these vultures.
AAA gaming feels so tired (and tiresome) that this news barely registers for me. The last EA game I played was the excellent C&C remaster - and EA's main contribution was getting out of the way of the project. They still own the rights to a ton of legendary IP - SimCity, Command & Conquer, Battlefield, but I don't have illusions that new iterations of that IP will be any good.

I know this is probably part of the Saudi strategy of "sportswashing"[1], but I don't really care about EA or their legacy anymore.

[1] https://www.eurogamer.net/ea-sports-fc-24-boss-on-sportswash...

RIP Bioware. This will probably be the final stage of its long, painful death.
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For the FIFA series basically.
I am finding myself having some conflicted feelings on this.

First, I absolutely hate who is buying them. Especially as a huge Bioware fan with a Mass Effect tattoo.

That being said, putting aside who is buying them for a moment. I would actually be happy to see more gaming companies going fully private. I feel like the need for constant growth (instead of just sustainability) is what has caused much of the issues in the current gaming market.

So not exactly super excited about how exactly this is happening, but I do hope that we can see other gaming companies do it with better sources.

Cannot public company just pay dividents? Then there can be no pressure to constant growth.
Sportswashing is coming to video games.
They basically bought FIFA (now called FC).

It's a very simple money-printing machine, with plenty of people addicted to it with its gambling/gache style game.

All the other IP barely make any revenue and will likely get even less attention. RIP Bioware.

I know a lot of people think FIFA is everything, but in my era it was Pro Evolution Soccer or Winning Eleven.

Modern Games also lack the Game and Fun part. They either make something super complex I no longer have the time to dive in, or pay to win.

[flagged]
Please don't comment like this on HN. It set off a generic flamewar about the relative merits of nations/regions in the world, which is the last thing we want here. The guidelines ask us to avoid this:

Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.

Eschew flamebait. Avoid generic tangents.

Please don't use Hacker News for political or ideological battle. It tramples curiosity.

https://news.ycombinator.com/newsguidelines.html

Like them or not, EA has been a major force in gaming for over 40 years (I used to work there). They invented the term "Game Producer". Their early vision for promoting Game Designers like hollywood Directors was ahead of its time. They have a hallway lined with gold discs of million seller hit games. They basically created the casual gaming industry (The Sims Division, Pogo, Casual Divisions) in a time when games were mostly marketed to boys.

I respect this company a lot, even though they always seem to do things that embitter the gaming community against them.

Unfortunately these types of buyouts usually come with layoffs, after a year of tough layoffs in games. I hope anyone who will be affected can land somewhere safe.

The campus has a labyrinth with a plaque that's always inspired me: "As in life, the walls are only in your mind."

Isn't The Sims Division just rebranded Maxis?
It seems like these types of buys are often associated with offloading debt to the bought company so that it can be shed to a company that they can then let bankrupt and then pay pennies on the dollar of their debt, if they have to pay anything. EA seems like a prime candidate for that.
My made up history of EA is that EA was acquired because a Saudi princling's Dad got mad at him for becoming a whale for EA. So in order to cut costs at home, he just told PIF to buy EA so he can defraud his money back.
Then I will never buy EA again, because there is no way I will ever support Saudi Arabia in any capacity
Is it just me, but PIF owning EA is the next (and gigantic) step in the middle east's sport washing strategy?
The biggest problem I had with EA was that their client (EA, EA Origin, etc) operated like spyware.

What will PIF, Silver Lake and Affinity partners do to monetize such client software, beyond games, that is pre-installed on 1 billion devices?

Spyware isn't a problem with a company. It's a symptom of the company.
My chief thought about this deal is that Silver Lake ripped off the Skype employees with a claw back clause.

Good luck to the EA workers.

Being acquired by private equity is a surefire way to recreate the EA Spouse era.
Maybe they'll sell off the C&C IP?

One can hope.

And maybe that makes that one person realize they still have a backup disk of the source code of Red Alert 2.