EA Makes Promises to Retain Creative Control Despite Saudi Sale
3 Articles
3 Articles
News from HD Tecnología. Visit www.hd-tecnologia.com for the latest news. Although the purchase of Electronic Arts by a group of investors led by Saudi Arabia has not yet been completed, within the industry they have begun to be afraid about the future of some of their most important franchises. Among them is Charles London, former creative director and artist of Los Sims, who expressed his concern that the central values of the game, such as di…
EA makes promises to retain creative control despite Saudi sale
Announced earlier this year, the Saudi Arabian Public Investment Fund (PIF) is looking to purchase EA with the help of a wider group of investors. If successful, this will be the largest leveraged buyout ever, and is sure to send ripples across the games industry and beyond. As part of the buyout, EA has submitted a regulatory filing to the US SEC (Securities and Exchange Commission) that outlines some of the potential risks. Chief amongst these…
Electronic Arts has assured its employees that the company will maintain total creative control after the purchase by the Saudi Arabian Public Investment Fund and other private investor groups. Read more
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