this post was submitted on 05 Aug 2026
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[–] buddascrayon@lemmy.world 24 points 3 days ago (2 children)

Private Equity 101, "buy" a business using borrowed money, put all the debt on the company you "bought", slash costs, sell off assets, have the company declare bankruptcy and take all the debt with it, rince and repeat... Profit.

[–] muusemuuse@sh.itjust.works 13 points 3 days ago (2 children)

Nobody has ever been able to explain to me why this is legal

[–] buddascrayon@lemmy.world 14 points 3 days ago

And as if that wasn't an insult to the middle class, people like Elon Musk and Jeff Bezos can borrow against their stock holdings as if they were real assets, yet never be taxed on the value. But if you borrow against the value of your house, YOU get taxed on that value.

[–] btsax@reddthat.com 6 points 3 days ago (1 children)

It makes rich people richer

[–] muusemuuse@sh.itjust.works 1 points 2 days ago

It doesn’t though it’s just another way of lying about the math. Line goes up because it’s doesn’t actually represent what it’s supposed to.

[–] mirshafie@europe.pub 2 points 3 days ago

Well when you say it like that it just sounds dumb.

[–] acosmichippo@lemmy.world 117 points 4 days ago (1 children)
[–] nullspace@lemmy.world 38 points 4 days ago (1 children)

The offices are now just a Dead Space.

[–] criss_cross@lemmy.world 7 points 3 days ago

Former engineers are referred to as Apex Legends.

[–] rizzothesmall@sh.itjust.works 43 points 4 days ago* (last edited 4 days ago) (2 children)

"We're going to have AI write all the games now"
~ some exec

[–] NekoKoneko@lemmy.world 19 points 4 days ago

AI told me we can do it!

[–] chiliedogg@lemmy.world 10 points 3 days ago

They're not a game company anymore. It's getting the Toys R Us treatment. They're a debt vehicle. They're gonna borrow against its value, place all the debt into EA while pocketing the cash, and let it die.

If we're lucky, they'll sell off the studios and IP before cutting it loose.

[–] warmaster@lemmy.world 86 points 4 days ago (4 children)

This is great news, soon there will be no EA!

[–] empireOfLove2@lemmy.dbzer0.com 40 points 4 days ago (1 children)

Perfect timing and a fitting fate, considering they are now owned by blood oil kings and nazi's

[–] nullspace@lemmy.world 16 points 4 days ago

So no change, really.

[–] Strider@lemmy.world 9 points 4 days ago (2 children)
[–] Aceticon@lemmy.dbzer0.com 9 points 4 days ago (1 children)

It think they were talking about the undead monster one.

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[–] FreddiesLantern@leminal.space 33 points 4 days ago (4 children)

In this whole ordeal that has been EA ... I can't remember a single instance where they tried to do the right thing by listening to the consumer, or employees for that matter.

It's amazing they are still around even. Die quicker pls.

[–] Krudler@lemmy.world 11 points 4 days ago

The sheer power of licensing hey

[–] Polisheocket@lemmy.zip 9 points 4 days ago

They own the rights to madden and college game day, those two alone can keep the doors open

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[–] YouTalkinToMe@lemmy.wtf 66 points 4 days ago

Wouldn't that be just the CEO, then?

[–] CarpalTunnelButt@sh.itjust.works 1 points 2 days ago* (last edited 2 days ago)

Fuck EA they've been shit forever.

[–] arotrios@lemmy.world 43 points 4 days ago (7 children)

I just realized I haven't played an EA game in over a decade. SW Battlefront II was the last one, and it felt like a downgrade from the 2005 version.

I mean, are there any of their titles that have made an impact in the last decade? I can't think of any other than sports and racing games.

[–] Blackmist@feddit.uk 26 points 4 days ago (1 children)

It Takes Two and Split Fiction were published by EA.

I also played Titanfall 2 which was a great little campaign.

That's about it for me.

[–] mudmaniac@lemmy.world 7 points 4 days ago

Once upon a time when Infinity Ward's founders left Activision because of "Activision", and formed Respawn with EA, I felt EA were still the good guys in the industry. The Titanfall games were amazing.

After APEX Legends came out, I feel EA used up most of their Good Karma that they had built in the past.

[–] MentalEdge@sopuli.xyz 22 points 4 days ago (6 children)

The Star Wars Jedi games are genuinely good self-contained no bs single player games.

I can't comment on anything else.

[–] FippleStone@aussie.zone 1 points 2 days ago (1 children)

They are incredible, but they came out two decades ago and everyone who worked on them is long gone, nothing morally gray about pirating them...

[–] MentalEdge@sopuli.xyz 1 points 2 days ago* (last edited 2 days ago)

What games are you thinking of?

Fallen Order is 2019 and Survivor is 2024. I'm specifically commenting on recent EA games.

Star Wars Jedi is the title of this most recent series by Respawn, currently with two entries.

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[–] ripcord@lemmy.world 11 points 4 days ago

Their new owners pretty much only care about the sports games

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[–] Binturong@lemmy.ca 12 points 3 days ago

EA, it's in the grave.

[–] Donebrach@lemmy.world 28 points 4 days ago

Oligarchs oligarching. Every “publisher” and “developer” is firing everyone and are gonna very quickly vanish once it’s remembered that perpetual motion is impossible.

[–] D_C@sh.itjust.works 19 points 4 days ago (3 children)

People are still buying EA:s unfinished games? Wow.

I admit that they got me a few times, but I quickly learned not to buy from them again.

[–] village604@adultswim.fan 4 points 3 days ago (1 children)

The sports games keep the lights on.

[–] Trainguyrom@reddthat.com 4 points 3 days ago

Sims is also an absolute juggernaut in very different circles from Madden and FIFA

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[–] Dadifer@lemmy.world 22 points 4 days ago

Can't wait for them to destroy it like they destroyed their golf league.

[–] caut_R@lemmy.world 8 points 4 days ago

Just trimming some fat (and a leg or two)

[–] crusa187@lemmy.ml 14 points 4 days ago

EA sucks ass, hopefully this is the beginning of the end.

Been playing Electronic Arts games since the 1980’s.

Even if they are a shit company, Nice knowing ya.

[–] BC_viper@lemmy.world 10 points 4 days ago* (last edited 4 days ago) (1 children)

Yah, i expect not to buy anymore EA games. They had a good run i guess.

Mind you I haven't played many anyway lately.

[–] LemmyPlaceDN@europe.pub 12 points 4 days ago (1 children)

A good run that ended a long time ago

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[–] Snapz@lemmy.world 2 points 3 days ago

Trump fail son in law and journalist murderer

[–] MBech@feddit.dk 10 points 4 days ago (1 children)

So which studios will die this time?

[–] Kojichan@lemmy.world 11 points 4 days ago
[–] flop_leash_973@lemmy.world 2 points 3 days ago

And nothing of real value to gamers will be lost.

[–] W3dd1e@lemmy.zip 3 points 3 days ago (1 children)

🤞please sell off BioWare so i can play Mass Effect again.

[–] mriormro@lemmy.zip 4 points 3 days ago (3 children)

Nothing’s stopping you from playing mass effect.

Why does everyone want sequels so badly? Are you all so attached to your nostalgia?

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