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A Leveraged Electronic Arts Buyout, Saudi-Style | Sacred Symbols+, Episode 480

It's me, Colin. Please welcome SS+ regular Rick Hoeg back to the show. For the first time since Microsoft's purchase of Activision, Rick finds himself squarely in his element: Video game M&A. But this new deal has some interesting wrinkles. The target this time around is storied American publisher Electronic Arts, and the buyer is a consortium of financial interests led by none other than Saudi Arabia's sovereign wealth fund. Thus, what makes for a straight-forward leveraged buyout (the largest in history, in fact) quickly gets muddied with cultural, social, and political issues galore. Such is life! Let's get into it.

Comments

David Portnov

That was quick. Y'all really didn't want to hold this one for Saturday.

Jordan Falduto

This is a much needed shot in the arm for me, thank ya!!

Ahee & Patrick

LOVE having it early! Thank you!

NerfedNinja

Good call pushing this out. Glad to hear a fresh take.

Guybrush Threepwood

Not a fan of the Communist Party of China or the Saudi gvt being involved in our gaming industry. I agree with Colin, that its not about the Saudis censoring the games, they are obv hypocrites and will do whatever they can to make money. What I don't like is their culture. Women as slaves, killing journalists, executing you for being gay, etc. Those little things.

Devon McCarty

Exactly. That's why Bill Burr going over there bugs me. He wrote about having "a great time" over there...but who cares how much fun he had in a place that does horrible shit like that to its own people?