It’s official: EA is going private.
The leveraged buyout will be financed by a staggering $20 billion of debt, which likely means some *aggressive* cost cutting is ahead for EA in the coming months and years.
https://www.businesswire.com/news/home/20250929186526/en/EA-Announces-Agreement-to-be-Acquired-by-PIF-Silver-Lake-and-Affinity-Partners-for-%2455-Billion
In a deal involving a company owned by Jared Kushner, a company that is basically just the Saudis, and $20B of debt.
Could it be that these guys are going to “Where are we going, Papa EA?” them in a few years?
(Can’t find a link to the referenced comic on my phone but basically EA is known for buying up smaller studios and then closing them only a few years later after sucking them dry. This led to a comic of them taking little unsuspecting companies into the dark woods to end them.)
There’s other versions around as well and I have no idea which is the original. Just replace “Bioware” with any studio that EA has purchased and chances are there is a version of this comic that followed that news.
Could it be that these guys are going to “Where are we going, Papa EA?” them in a few years?
(Can’t find a link to the referenced comic on my phone but basically EA is known for buying up smaller studios and then closing them only a few years later after sucking them dry. This led to a comic of them taking little unsuspecting companies into the dark woods to end them.)
Got you covered, fam.
There’s other versions around as well and I have no idea which is the original. Just replace “Bioware” with any studio that EA has purchased and chances are there is a version of this comic that followed that news.