this post was submitted on 29 Sep 2025
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[–] WhatDoYouMeanPodcast@hexbear.net 31 points 3 months ago (1 children)

“This investment embodies Silver Lake’s mission to partner with exceptional management teams at the highest quality companies. EA is a special company: a global leader in interactive entertainment, anchored by its premier sports franchise, with accelerating revenue growth and strong and scaling free cash flow. We are honored to invest and partner with Andrew – an extraordinary CEO who has doubled revenue, nearly tripled EBITDA, and driven a fivefold increase in market cap during his tenure,

The whole article sounds like this. It's fucking written in thieves' cant. But basically Saudi Arabia wants to infini-profit off of video games and paid more for a company in cash than anyone's ever paid cash for before. Can't imagine that means they'll put more sovl into the games. It's probably more gacha. freeze-gamer s have really taken center stage as of late

[–] Le_Wokisme@hexbear.net 16 points 3 months ago (3 children)

how have other saudi soft-power investments been doing?

Newcastle is in the UCL 2 years in a row, and won the League Cup last season.

[–] ThermonuclearEgg@hexbear.net 6 points 3 months ago* (last edited 3 months ago)

Unfortunately Microsoft isn't giving up Minecraft so they had to do this instead of making a Pokémon GO-Minecraft crossover

[–] BelieveRevolt@hexbear.net 6 points 3 months ago (1 children)

They bought SNK and released a massive flop of a Fatal Fury sequel with Christiano Ronaldo as a character.