Gaming

EA's New Owners May Be Considering An Even Bigger Gaming Empire

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Saudi Arabia’s Public Investment Fund, now the majority owner of EA, is reportedly exploring a merger with its Savvy Games Group. This move would consolidate numerous gaming assets under one entity, including significant stakes in Nintendo, Capcom, and mobile game developers like Scopely, potentially creating a massive global gaming powerhouse. Concerns are rising among employees about potential cost-cutting measures and layoffs as the PIF seeks to streamline operations and address substantial debt incurred during EA’s acquisition.

Read the full article at GameSpot

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