EA's new owners are making "a huge bet" on generative AI cost-cutting to help repay a $20 billion loan, claims report

Comments

• Visstix@lemmy.world ⁨2⁩ ⁨days⁩ ago

  This is gonna be so fucking funny

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  • 50MYT@lemmy.world ⁨2⁩ ⁨days⁩ ago

    The best part is the IP will go cheap in a few years.

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• Dragonstaff@leminal.space ⁨2⁩ ⁨days⁩ ago

  They’re cracking it open and sucking out the marrow.Just like every other time private equity has “leverage buyout”-ed a company into the ground.

  They’ll pay themselves billions in executive compensation and then move on like locusts.

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  • TheBat@lemmy.world [bot] ⁨2⁩ ⁨days⁩ ago

    They’re cracking it open and sucking out the marrow.

    Are they? EA isn’t some company that was on its last legs. They’re taking a healthy hog to slaughter. It is going to take some time to reach the marrow.

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    • Shirasho@lemmings.world ⁨2⁩ ⁨days⁩ ago

      They made 1.5b in revenue last year, and the company was bought for 55b. The math does not make sense.

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• sidebro@lemmy.zip ⁨2⁩ ⁨days⁩ ago

  I kinda hope EA doesn’t deliver much return on this bet. I sure won’t consume anything from them, anyway. Even put in a request to remove my EA Account.

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• BlameTheAntifa@lemmy.world ⁨2⁩ ⁨days⁩ ago

  I have some bad news for the new owners.

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• magnetosphere@fedia.io ⁨1⁩ ⁨day⁩ ago

  I can only imagine that the woman in the pic is laughing at this ridiculous headline. Guess what, EA, you’ve fucked yourself.

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• ZoteTheMighty@lemmy.zip ⁨2⁩ ⁨days⁩ ago

  Thanks for the warning I guess.

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• warmaster@lemmy.world ⁨1⁩ ⁨day⁩ ago

  I can’t wait until EA’s IPs gets sold and teams reassemble at better companies.

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