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According to a news article at the New York Post, gaming giant Electronic Arts is quietly exploring sale options. With the rumors flying today, EA's stock has risen about 10%. EA is reportedly in early talks with KKR and Providence Equity Partners.
Providence is the owner of Bethesda.
Like its rivals, 30-year-old EA has been challenged by the changes roiling the traditional gaming business. Sales of hardware consoles and software have slumped along with the rise in popularity of mobile and casual games that users can play for free online. Consumers are also buying fewer $60 games.
Read more at the New York Post.
Comments
I wouldn't mind EA getting dominated/devoured by another company, but I'm not sure if this is a reliable source. The New York Post is rather famous for it's sensationalism. And unsurprisingly, the Post doesn't bother telling us how it acquired this information.
It will remove what little humanity that may still remain.
***** Before hitting that reply button, please READ the WHOLE thread you're about to post in *****
Well said, depending on who buys them it could get much worse.. the group that owns Bethesda seems less hostile, but if they take over Ea I know they'll cut some development house along with games.
"Small minds talk about people, average minds talk about events, great minds talk about ideas."
<blockquote><i>Originally posted by desiriel</i>
<br><b><blockquote><i>Originally posted by snapfusion</i>
<br><b>If you guys think the suits at EA are bad now then just wait until they get bought by a pure investment group.
It will remove what little humanity that may still remain.</b></blockquote>
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God only knows if I'm not for EA hate and on but I agree with this one.
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<p> </p>
<p> yep completely agree, all souls will be lost on this deal. </p>
<p> UGH this editor is killing me, literally!</p>
This can not possibly be good for Swtor. On the other hand this is great for Funcom fans! It doesn't look like EA will be buying them or anything anytime soon. FC gets to stay the independent developer fighting against the man!
Ah, M. Pachter again...the guy really enjoys publicity.
And he loves EA, oh yes, he loves it soooo much... : /
This have been a good conversation
Smile
Hey, it's right there:
I am also wondering where this comes from:
Revenue FYI 2011 - 3,589.00
Revenue FYI 2012 - 4,143.00
There you go with TSW again... Jeeze if TSW was an actual person you'd be considered a stalker, I'm fairly sure.
Smile
I hope all these bloated behemoths fall
A 100 smaller companies is better then a monstrosity any day. Corporate culture suck's A$$
"Be water my friend" - Bruce Lee