Somehow, EA gets worse…
Given how useless EA is these days - I’d say the valuable part is simply the monopoly of sports game licenses they have.
They must still own the IP for the thousands of studios they’ve cannibalised.
I’m hoping this will be one of those private acquisitions where they sell off all the assets they’re not interested in actively developing, to squeeze all the value they can out of what they’ve bought as quickly as possible. The studios themselves will be shut down, sure, but at this point all the ones associated with IPs I’m interested in have been so thoroughly gutted that there’s not really any difference anyway.
All three outlets cite anonymous sources in reporting that the deal could be announced next week, with Silver Lake, Saudi Arabia’s Public Investment Fund (PIF), and Jared Kushner’s Affinity Partners reportedly interested in investing. The Wall Street Journal says the move “would likely be the largest leveraged buyout ever.”
It’s as if satan were being bought out by the lawyers infesting hell.
