The blockbuster buyout of Electronic Arts has been completed, with Saudi Arabia's Public Investment Fund taking ownership of the gaming giant in the biggest leveraged buyout (LBO) in the history of commerce.
The $55 billion deal includes billions in debt for EA, which has prompted fears of massive cost-cutting with projected layoffs, studio closures, and game cancellations. Nothing has been confirmed as of yet, but a Bloomberg story from earlier this year said EA would look to have $700 million
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EA Has Officially Been Sold, With Trump’s Son-In-Law Taking A Stake And Mass Layoffs Expected To Come
via gamespot.com -
EA Has Officially Been Sold, With Trump’s Son-In-Law Taking A Stake And Mass Layoffs Expected
via gamespot.comThe blockbuster buyout of Electronic Arts has been completed, with Saudi Arabia's Public Investment Fund taking ownership of the gaming giant in the biggest leveraged buyout (LBO) in the history of commerce.
The $55 billion deal includes billions in debt for EA, which has prompted fears of massive cost-cutting with projected layoffs, studio closures, and game cancellations. Nothing has been confirmed as of yet, but a Bloomberg story from earlier this year said EA would look to have $700 million -
EA Has Officially Been Sold, And What Comes Next Could Be Painful
via gamespot.comThe blockbuster buyout of Electronic Arts has been completed, with Saudi Arabia's Public Investment Fund taking ownership of the gaming giant in the biggest leveraged buyout (LBO) in the history of commerce.
The $55 billion deal includes billions in debt for EA, which has prompted fears of massive cost-cutting with projected layoffs, studio closures, and game cancellations. Nothing has been confirmed as of yet, however.
"This moment recognizes the extraordinary people whose creativity, ambition, -
Riftbound Directors Says Game Used To Be A Lot Like Magic: The Gathering–Until Players Rejected It
via gamespot.com
In recent years, the trading card game (TCG) environment has seen a boom of new games entering the market. There are still genre mainstays, like Magic: The Gathering, Pokemon, and Yu-Gi-Oh!, which continue to receive support and feature a thriving secondhand market. However, new original IP TCGs like Flesh and Blood and Sorcery are making rounds at the local game store level and beyond.But licensed IP TCGs, like One Piece and the upcoming Cyberpunk TCG, have also taken the tabletop world by stor -
How To Cancel PlayStation Plus
via gamespot.com
Life is expensive these days. If you're looking to cut back on spending and want to do away with your PlayStation Plus membership, it's very easy to do so.There are plenty of reasons why you might want to cancel PlayStation Plus, just like there are numerous reasons for cancelling Xbox Game Pass. Below you can find instructions on how to cancel PlayStation Plus, as shared by PlayStation.
https://www.youtube.com/watch?v=WiwBu7M023s
How to cancel PlayStation Plus from the internet
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Turns Out, The Team Behind Riftbound Is Shockingly Small
via gamespot.com
During last week's Gen Con, Riftbound, the League of Legends trading card game (TCG), boasted a massive presence. Fans were able to enter two different booths to get their hands on cards and exclusive merchandise, as well as meet some of the talent behind the game's creation and design.GameSpot was onsite for the show, and had the opportunity to interview Riftbound Game Director Dave Guskin, during which we learned that the team behind the popular TCG is significantly smaller that you might thin -
Riftbound Director Says TCG Will Eventually Include All League Of Legends Champions
via gamespot.com
After launching in English late last year, Riftbound, Riot Games' League of Legends trading card game (TCG), has quickly grown into one of the most popular TCGs to date. The game had a big presence at this year's Gen Con, featuring not one but two large booths that fans could stop by to learn to play, meet some of their favorite creators, and buy convention-exclusive merch.During the show, GameSpot had the opportunity to sit down with Riftbound game director Dave Guskin to chat about some of the -
Borderlands Movie Director Discusses The Mega-Flop And What Went Wrong
via gamespot.com
The 2024 Borderlands movie had a cast full of big names, including multiple Oscar winners, and was based on a popular franchise with countless fans. But the film was a critical and commercial disaster. So what happened?Director Eli Roth told Variety said that the film, which cost a mighty $120 million to produce, was pared back to something that did not line up with his original vision. He said he wants to make things that are "left of center" because this worked for him in the past. However, "A -
Marvel Rivals’ New Hero Looks Like He Walked Straight Out Of Chainsaw Man
via gamespot.com
Marvel Rivals has consistently expanded its roster ever since it went live, and for Season 9.5: The Mystery of Thebes, a sinister underworld figure is being added to the live-service game. Voiced by WWE star Damian Priest--AKA Luis Berrios--The Hood is bringing some demonic energy to Marvel Rivals and some Chainsaw Man vibes.
https://youtu.be/YMweqIzyB7s
Stepping into the Vanguard role, The Hood balances mobster energy with demonic powerhouse skills. He can easily switch between his hu -
Fire Emblem: Fortune’s Weave Has Guns Now, Nintendo Just Won’t Admit It
via gamespot.com
Ahead of its launch in September, Nintendo broadcast a new deep dive on Fire Emblem: Fortune's Weave today. So far, it looks like tried-and-trusted Fire Emblem with its mix of turn-based strategy and character buildcrafting, but the biggest surprise was the reveal of the ultimate weapon class in the game--that's right, the new Fire Emblem is packing heat.Always bring a gun to a swordfight.While they aren't explicitly referred to as guns, the livestream did describe gauntlets as weapons that "loo -
Xbox Game Pass Loses This Perfect Organism And Three More Games In August
via gamespot.com
Xbox Game Pass giveth, and it taketh away in August. Fortunately, not too many games are going to be exiting the subscription service in the first half of August, as only four titles are on their way out on August 15.This month, you can say goodbye to Menace--which was available via Game Preview on PC,--Atlas Fallen, Aliens: Fireteam Elite, and Firewatch. As a reminder, Game Pass subscribers can save 20% on these titles before they leave, so if you like what you've been playing, this is a l -
This Game Was Labeled A Success. Its Developer Laid Off 85% Of Staff 2 Months After Release.
via gamespot.com
In June, Netflix released an officially licensed FIFA World Cup game, and while it was not a critical success, Netflix management later singled it out as a successful release. Now, however, the studio behind the game, Refactor Games, has enacted a round of mass layoffs affecting the majority of the studio.Cofounder Nathan Burba told GamesBeat that the studio has laid off 85% off its staff. This amounted to about 80 people, according to Insider Gaming. The studio's co-owner, Delphi Interactive, w -
Xbox Game Pass Reveals First Wave Of August 2026 Games
via gamespot.com
August has just begun, and like clockwork, the first batch of games headed this month to Xbox Game Pass has been revealed. Here's a closer look at what you can expect to play in the first half of the month.Xbox Game Pass August wave 1 gamesAvailable today, you can jump into some old-school first-person spellcasting action with Heretic + Hexen. A re-release of the classic shooters, each game has been updated with several new features and enhancements. While we weren't bowled over by it, you can s -
Xbox Could Be Planning To Make Xbox 360 Games Playable On PC
via gamespot.com
Xbox 360 games could be coming to PC, as a new report claims that Microsoft is aiming to bring classic titles from a bygone era to new platforms.According to the document (via The Verge), Xbox 360 games will also be playable on "Xbox PCs," handheld gaming PCs, and Microsoft's upcoming Xbox Series X|S successor, Project Helix. This expanded backwards compatibility will tie into a larger roadmap for upcoming features. The report also claims that developers who make their Xbox 360 games compatible
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