3d ago

After splurging on EA, Saudi Arabia's Public Investment Fund is reportedly tightening its pursestrings, due to 'financial distress' caused by numerous troubled projects

www.pcgamer.com

I'm not comfortable having a unitary absolute monarchy sticking their fingers in my hobby.

21 comments

I can see how buying EA could be the harbinger of doom for an unwise purchaser.
- EA, do your thing!
- Saudi Arabia: "I am assuming direct control."
  EA: "Wait, I know this line..."
  SA: "I am the vanguard of your destruction. This corporation is over."
  EA: "Fffffuuuuuuuck..."
- If ea is the god of shit, and SA is the titan of shit...
No surprise they’re running out of cash with the number of absurd mega projects they’re involved with. The EA purchase is pretty minor compared to those shambles.
- I would even go as far and say that the EA purchase (price aside) is one that kind of makes sense compared to some other projects like the line or the absurd sums they are paying to individual athletes.
  With all their sports washing and involvement in that area there might be synergies with all the sport game franchises EA has that can be leveraged.
  And with them being focused quite a bit on tourism and hosting events having EA also helps on the esports side. Buying the publisher is basically buying the sports federation. Usually they can just bribe those, not straight up buy them outright.
- I just hope their mega-city bankrupts them to hell and back, twice.
I am if it finally kills EA. The irony for them to be bought and then shortly killed as they've done themselves to so many other developers would be too good.
- It would be sad in the same way THQ dying was sad, just for the unknowns of where the IPs, studios and employees end up- but also really funny and very fitting.
  
  where the IPs......end up
  Abandonware sites! 😎👉👉
...or just liquidate the company's assets outright.
Dooooo it
It's worth noting that none of these distressed investments are directly related to gaming.
The irony is thick and frothy, a magnificent head.
OP your username is amazing 👏
- Keyboard Superstar
Does a fund run by despots even have to worry about financial solvency? They have no problem oppressing more people to continue funding evil as they wish, and our leaders practically cheer and lick their assholes clean while they do it.
- Yes, kings who couldn't pay their debts lost the ability to finance the ability to project force. Sure you can discharge your debts, but eventually the money lenders stop lending. Money is a representation of value and must correlate to the price of labor and goods, otherwise the army starts asking why they don't have the ability to buy food. A monarch or two can get away with it by kicking the can down the road, but lenders are in the business of making safe bets.
I stopped playing sims when it was announced. I started playing Sims 3 15 years ago, and ran a whole Sims 4 simblr for the last 10. Not even mentioning my love affair with Mass Effect and Dragon Age...
- I dropped sims 4 too. If you like to build, I've found recently House Flipper 2 is everything I ever wanted in a building game. Not a life sim, but still pretty cool
  
  oo nice, thanks for the recommendation!
Man, I'm just hoping that a sequel to Jedi Survivor comes out at some point. Maybe it'll get sold to another publisher, idk how this shit works.

21 comments