EA is going private
(www.zerohedge.com)
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Things must be dire if EA can't make their numbers look good even with Trump wanting to get rid of quarterly reports in favor of semiannual ones.
It makes me wonder just how badly Veilguard had to do, amongst other potential failures they have had in recent months.
Since we know that they are no longer going to be funded by the stock market, how will that impact the company? In theory I feel that being private means investors won't be calling the shots anymore (I don't know how different a private company is in function and funding compared to a public one), but I think the general pessimism about modern gaming will still cloud any change until further notice.
Veilguard was nothing to them. It's just pocket change. Their company is entirely dependent on the success of Madden and (soccer game formerly known as) FIFA.
Losing the FIFA license was a huge blunder by them. And both of their tent pole franchises are struggling to do anywhere near as well as they usually do. If it continues, they will eventually lose their NFL exclusivity deal (really they should lose it regardless) and will be absolutely fucked.
The only silver lining for them is that they actually had to try this year with EA Sports FC (that's what they call FIFA now) 26, which shows with how people think of the gameplay. But we shall see. I wish they didn't kill Need for Speed though.
EA has cash cows and pay pigs. I'm sure they could buy a few publishers and destroy every one of their studios and still come out on top. Could Veilguard really hurt them that bad?
They could probably buy Sony. Not just PlayStation but the actual multinational conglomerate, replace every product they manufacture with jar of piss and still make the money back with fifa and Madden.