inclementimmigrantIt turns out Saudi Arabia will own 93.4 percent of EA if the buyout goes through, which is effectively all of it
Effectively all it? That’s 93.4%, that’s more than 90%, and almost 95%, which is almost 100%, which would be all of it!
potoooooooo ✅️This guy maths.
But they’re not equal, hence the phrasing
Yeah but it isn’t really redundant (even if it could have been worded better). Someone might believe that the other shareholders have some say in how the company operates when they won’t.
So, as far as control over the company is concerned, the Saudis have 100% control even though they don’t have 100% of the shares.
If you haven’t noticed there’s a lot of people out there are incredibly dumb, and don’t understand basic math, let alone how a company like EA works.
I can guarantee you that there are more dipshits out there than you’d think who would look at that number and say “well it’s less than 100 percent, so they don’t have total control, so what’s the big deal?”
Now as for whether any amount of clarification is enough to convince those idiots that that’s not how things work, that’s a fair question.
seathru
Wilmo
gustofwindIf you still buy EA games at this point you better not tell anyone because you’re a braindead fuckwit for sending Saudis your money
poVoqSome people have no choice in what kind of car they can afford to drive.
We all have a very easy choice when it comes to choosing your video games
People commonly have a choice not to drive a car in the first place.
Though cultural pressures, as well as some specific areas being genuinely hard to reach, pushes many people towards it anyway. But if you have a choice, choose public.
People do not commonly have a choice here
In America there is near 0 public transit outside of a few major cities
Have you seen North American public transportation?
Yeah, I have a “choice”, but it’s 60-85 minutes on 3 busses or a 12 minute drive to get to and from work.
Yeah, North America and US specifically is one of these hard to reach places
Also, 12 minutes drive is a biking distance - if you have any semblance of bike infrastructure, that is. Surprisingly though, even American cities have that sometimes.
alkI’d have to ride several blocks on a 4 lane stroad to go anywhere outside of my neighborhood. It’s so depressing.
AniviaAlso, 12 minutes drive is a biking distance
My 15 minute car commute would take over an hour with a bicycle, lead me over multiple busy and dangerous country roads, has three mountains with over 20% elevation that I have to pass, and would be incredibly unsafe in the winter even with studded tires.
Don’t get me wrong, I actually do take my bicycle when I’m not in a hurry and the weather is right. But it’s a huge time sink and doesn’t absolve my of my dependency on a car.
The same commute takes 2 hours with public transport btw so that’s even worse
As much as I hate the ruling family of Saudi Arabia… get off it:
bts.gov/…/us-petroleum-use-domestic-supply-and-ne…
reuters.com/…/how-much-crude-oil-does-us-import-b…
Your information is dated. We are net exporters of crude oil for the past 15-years with majority of import from Canada and Mexico
But for what it’s worth - fully believe renewables are the way forward for geopolitical and ecological stability. This is the more important narrative
Because there exists only one place in the world and that is called US of A? 🙄
Saudi Arabia is still the biggest oil exporter in the world (as of 2024). If you drive an internal combustion car anywhere, chances are high that you paid the Sheiks at least some money for doing so.
Touché 😅
☂️-Wait, you think the Saudis buying EA have anything to do with profit? EAs profits and earnings are meaningless to them.
magnetosphereDoes EA own any other companies/brands that we should be aware of?
Yes, they’ve been buying up smaller studios for decades and shutting them down.
There’s an entire wikipedia page about it.
The only EA franchise I’ve cared about in the last 15 years was Mirrors Edge. Would love another but I’ve long given up hope on that.
Unfortunately they have an exclusive publishing deal with the guys who made it takes two and split fiction.
Take a gander
US companies by foreign companies all the time, look at the food and drink corporations.
This is not a new or strange thing
It’s definitely not new, but it’s time to start thinking about how strange it is, and start pulling these assholes off their money-merry-go-round.
titanicxIt’s a world economy. What are you, some sort of maga twit America first and only bullshit?
That is some very black or white, us or them, red team vs blue team thinking. It’s very interesting that you immediately jump to that conclusion when I am not even from the US at all. The answer to your question is absolutely not, and the fact that it’s a “world economy” doesn’t and shouldn’t mean any people are obligated to do business with and accept the controlling interest of literal monsters fueled by oil and oil money. Ethics must also be allowed to control the economy, not just money. The world’s financial systems have consequences beyond just the economy.
lololaUS Steel is now a Japanese company
You seem to be under some misconception regarding why actually wires our laws. Hint: they’re called lobbyists to get people to ignore the rampant bribery.
Bribery? They are buying a company. That’s it. There isn’t anything special about it. It’s like any other company out there.
And I was talking about the so-called legality of the situation. So, pretty clearly not referring to the headline…
KrompusEA (Respawn) peaked at Titanfall 2 and hasn’t released anything good since. I set them to Ignore on Steam a few years ago.
real_squidsAnd even then they massively fucked up by ignoring all the ddosing for years. It gave us Northstar but it’s a paid fucking game, come on man.
Yeah the kushner share is a bribe to bypass regulatory oversight, didn’t you know?
w3dd1eDo they need Kushner for that? They done a pretty good job funneling money to Him over the last 8 years.
As long as the money keeps coming there won’t be any problems.
That’s always how it’s been!