Riccitiello achieved the essential job of reforming EA, now the firm must be led by a gamer at heart, writes Rob Crossley.
When the dust settles on the $55 billion leveraged buyout of Electronic Arts, Saudi Arabia will be its only true owner, despite a “consortium” of investors being involved in the deal. Saudi Arabia's Public Investment Fund will control 93 percent of the company, according to filings with Brazil’s antitrust regulator.
Technically speaking, Saudi Arabia and TENCENT can buy the entire USA. ANf Democrat and Republican will not do crap!
Letting foreign entities own half of American businesses is liberal and very progressive. So is bringing in all that talent from outside the States to replace the talentless and lazy American workers. And here I thought the Trump administration wanted to border is up but nope. We're supposed to worry bout them "radical Muslims" minding their own here and ignore China/Saudi/Israel taking over.
Another thing I hate hearing is "liberal and very progressive"
It's 2025 and that stuff is outdated. Everything and everyway is literally the same thing wheter it's progressive, conservativ. Because they all wants the same thing have, king unlimited oney buy everything including your house.
Now they making mainstream media news that it's AI Bubble justify to highjack the price of RAM.
Another excuse for inflation!
"here I thought the Trump administration wanted to border is up but nope"
Lol, you actually bought what he was selling? Let's see this week alone...
Yesterday he pardoned an international drug lord, while allowing the murder of random fishermen on boats. Remember drain the swamp? He pardoned a Democratic Congressman jailed for bribery just today, nevermind that fraudulent drag queen republican that was kicked out of Congress and imprisoned for their fraud. It's so petty they're picking fights on social media with pop stars while using their music, and even using Franklin the damn Turtle to cartoonify their murders.
People I do not use /s to point out my sarcasm. Should be obvious I don't believe anything coming out of Trump's mouth or any politicians mouth.
its quite ridiculous that they were able to do that. or even allowed to.
but saudis even have their grabby hands in nintendo stocks.
Looking on the bright side, the games may be patched to remove any ideologies that are incompatible for the majority of the world.
Electronic Arts says it will retain creative control if sold to a Saudi-backed group, assuring staff its values and vision stay the same.
EA announced its financial results for the second quarter of its fiscal year 2026, related to the period between July and September.
I think EA is already back at his roots which is to try and squeeze every penny out of its customers.
Back in the PS2 days they published games for every platform under the sun just to get money from everybody no matter what platform they were on.
Riccitiello changed all that when he first started. He got developers making new IPs which in turn lowered the stock price. Shareholders must have pressured him to get more money in and we got this mess we see before us. EA is back at its roots raking in the money by squeezing every penny out of everyone.