All articles tagged with #electronic arts
Saudi Arabia’s sovereign wealth fund, via Savvy Games Group, is reportedly considering merging Electronic Arts into Savvy to centralize its growing gaming assets; no decision yet, with a hold potentially tied to Savvy’s planned $6 billion Moontown acquisition, and concerns about antitrust risk and possible EA layoffs if pursued.
A leaked, unfinished trailer for Motive and EA's Iron Man game has revived anticipation for the project, which was announced in 2022 and has been quiet since; EA and Motive acknowledged the leak and promised more details, while the game remains slated for PC and console releases, with Marvel titles like Black Panther and Marvel 1943 in development limbo.
Electronic Arts’ Madden NFL 27 will include an 80-track soundtrack spanning rock, rap, country, pop and EDM, led by Ozzy Osbourne, The Who, Styx, Metallica and the White Stripes. The soundtrack drops August 6 on Apple Music and Spotify, ahead of the game’s August 13 release on PS5, Windows, Xbox Series X/S and Switch 2. EA describes Stadium Mode as a curated classic-rock playlist that enhances gameplay, featuring stadium-ready anthems such as Crazy Train, Renegade, Won’t Get Fooled Again, For Whom the Bell Tolls and Seven Nation Army.
Electronic Arts completed a $55 billion leveraged buyout led by Saudi Arabia's Public Investment Fund, taking the company private at $210 per share and delisting from NASDAQ. CEO Andrew Wilson named Cam Weber as chief studios officer and David Tinson as COO (and presidents) as part of a leadership overhaul to drive growth and innovation, including AI initiatives.
A Saudi-led consortium led by the Public Investment Fund, with Silver Lake and Affinity Partners (led by Jared Kushner), completes a $55 billion cash acquisition of Electronic Arts, delisting the stock from Nasdaq. The deal, one of the largest leveraged buyouts ever, funds roughly $20 billion of debt via JPMorgan, and analysts expect EA to focus on its strongest franchises to service the debt while navigating potential IP and workforce implications.
Electronic Arts has been fully taken private by a consortium of investors—the Public Investment Fund of Saudi Arabia (PIF), Silver Lake, and Affinity Partners—for $55 billion, delisting its stock and paying shareholders $210 per share. The record-breaking all-cash deal ushers EA into a new chapter, but the future of certain studios and projects remains uncertain even as 2026 sports titles (Madden 27, FC 27, NHL 27, Star Wars Zero Company) and other planned releases are expected to proceed under the new ownership.
A Saudi-led consortium including the Public Investment Fund completes a $55 billion leveraged buyout to take Electronic Arts private, one of the largest such deals in history, with financing borrowed to close the deal and ongoing questions about debt, governance, and potential changes to the company’s strategy and content.
Electronic Arts has completed a $55 billion leveraged buyout to become a private company, with Saudi Arabia’s Public Investment Fund owning roughly 93.4% and $20 billion of debt financing—the largest LBO on record. The deal is expected to push EA to rely more on bankable, big-franchise releases (Battlefield, EA Sports, The Sims) and less on smaller, experimental titles as it charts its next chapter.
Ferguson Enterprises will join the S&P 500 before the market open on Aug. 5, replacing Electronic Arts, which is being taken private, and its shares jumped about 9% after hours on the news. The Newport News-based distributor — valued around $45 billion — beat out Reddit and Bloom Energy for the spot, with Q1 sales of $7.5 billion and expected Q2 sales around $8.7 billion, after last year's $31.3 billion in revenue. Inclusion broadens Ferguson's access to index funds and other investors.
Electronic Arts will complete a $55 billion deal to go private by Aug. 4, 2026, ending its 35-year run as a publicly traded company. The acquisition by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners has cleared regulatory approvals and will keep EA's leadership in place with CEO Andrew Wilson in Redwood City, CA. The deal, the largest leveraged buyout on record, follows a turbulent period for EA that included layoffs and canceled projects, even as Battlefield 6 performed strongly and the company posted around $7.5 billion in revenue last year.
Electronic Arts is set to close its $55 billion go-private merger next week after obtaining all regulatory approvals, with completion targeted around the close of trading on August 4, 2026. The Redwood City, California–based publisher will stay headquartered there and remain led by CEO Andrew Wilson, in a deal backed by Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners.
Electronic Arts CEO Andrew Wilson earned about $38.7 million in stock awards and bonuses for FY2026 after Battlefield 6 met milestones, despite layoffs at multiple Battlefield studios; the 10K highlights strong company performance, milestone achievements across games, and an ambitious AI strategy.
Criterion marks its 30th anniversary with a rebrand to “A Battlefield Studio,” signaling a stronger, ongoing focus on EA’s Battlefield franchise while vowing not to erase its Burnout legacy. The move underscores the multi‑studio Battlefield setup, ongoing collaboration challenges and recent layoffs, and Criterion’s aim to keep racing know‑how alive through Battlefield’s vehicle-centric gameplay even as the studio prioritizes Battlefield’s live-service roadmap.
EA executive Laura Miele says AI removes friction in development, enabling faster prototyping and a real rise in creativity across its studios, a claim set against industry debate over AI's role in game creation amid ongoing acquisition discussions.
EA reportedly began another round of layoffs targeting recruitment, customer support, trust and safety, and IT staff, with an internal email saying roles will be adapted and moved to other teams or partners. Kotaku notes 12 public postings from affected employees, and this follows earlier layoffs at Battlefield 6 studios and the Skate developer Full Circle as part of ongoing restructuring.