Jared Kushner’s firm and the Saudis are taking video game maker EA private in a massive deal
https://edition.cnn.com/2025/09/29/investing/electronics-arts-private-deal
Posted by BabylonianWeeb
Jared Kushner’s firm and the Saudis are taking video game maker EA private in a massive deal
https://edition.cnn.com/2025/09/29/investing/electronics-arts-private-deal
Posted by BabylonianWeeb
10 comments
I’d say I am going to boycott EA but I already did that 🤷
To me, $55 billions of leveraged buyout seem just completely crazy. It’s even worse when you consider the videogame industry is undergoing a full crisis. I guess the silver lining would be that this might invert the trend of layoffs, shutdowns and general divesting from the industry, but that would require thinking that these people know what they’re doing and are not just getting into $55 billions of debt out of sheer idiocy.
And I’m afraid I’m leaning on the idiocy here.
Especially after the Saudi already gutted Embracer by pulling out last minute off of a $2 billion acquisition. Guess they figured those guys were too cheap.
Does anyone actually think this is about games?
Does anyone think this is a business transaction?
This is about information and about grift. It gets data on users, and it’s an opaque way to move money from one dictatorship to another.
The worst of both worlds.
Can rich assholes just leave the art to us, for fucks sake
Boycotting EA has been the easiest boycott of my life, and it sounds like it will continue to be the easiest boycott of my life. My favorite was when they delisted themselves from Steam. I hope they do that again.
>”The deal is expected to close in the first quarter of fiscal year 2027 and is subject to ***regulatory approval.***”
I think we all know how that’s gonna go. It’s already approved.
So the Presidents son in law who took 2+ billion dollars and lord knows what else from nation states while acting as the liaison to the ME is now doing a joint venture to buy an American company full of data on all its users… America 1st indeed
Does anyone have theories as to what they plan to do with a private EA? From a business perspective, why would Kushner and Saudi Arabia be interested ina video game company?
Battlefield 7 – Israeli edition.
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failure to purchase this game will result in your passport being stripped and loss of current employment.
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