EA Was Just Bought for $18 Billion. Your Favorite Games Are Already Dead.
Saudi Arabia’s Public Investment Fund just acquired EA, but they didn’t use their infinite oil wealth. They used $18 billion in private debt at a staggering 10% interest rate. That $1.8 billion annual interest payment means your favorite franchises—from Apex Legends to Madden—are now hostage to a balance sheet rigged for extraction, not creation.