How Electronic Arts’ $55 billion go-private deal could impact the video game industry

How Electronic Arts’ $55 billion go-private deal could impact the video game industry

NEW YORK (AP) — In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion. And beyond the potentially record-breaking price tag, the deal could bring wider shifts in the gaming world. Electronic Arts owns popular titles like Madden NFL, Battlefield and The Sims — and going private could grant the company more freedom in developing and distributing these games. It also marks the latest move from Saudi Arabia’s sovereign wealth fund PIF to invest in gaming. If the transaction gets the greenlight, PIF would join Silver Lake Partners and Affinity Partners, which run by U.S. President Donald Trump’s son-in-law Jared Kushner, as Electronic Arts’ new owners.… Continue Reading

Angry Birds, Frogger and others are finalists for the World Video Game Hall of Fame

Angry Birds, Frogger and others are finalists for the World Video Game Hall of Fame

ROCHESTER, N.Y. (AP) — The World Video Game Hall of Fame has revealed its 12 finalists for 2025. Members of the public have a week to vote for their favorites online. The finalists are: Age of Empires, Angry Birds, Call of Duty 4: Modern Warfare, Defender, Frogger, Golden Eye, Golden Tee, Harvest Moon, Mattel Football, Quake, NBA 2K and Tamagotchi. The World Video Game Hall of Fame honors games that have achieved longevity, geographical reach and have influenced game design and pop culture. The Class of 2025 will be enshrined May 8 at the Hall of Fame’s new space inside The Strong National Museum of Play in Rochester, New York.… Continue Reading

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