EA taken private by Saudi Arabia, GTA marketing jumps the shark, and Devolver's huge mistake - Patch Notes #64
Electronic Arts has been taken private by an investor consortium led by Saudi Arabia's Public Investment Fund for $55 billion. Devolver Digital is seeking to delist from the London Stock Exchange due to the incompatibility of short-term investor demands with the volatile video game industry. Additionally, the next trailer for Grand Theft Auto VI will premiere exclusively on Netflix before a wider release.
- Entities
- Company: King
- Company: Electronic Arts
- Company: 343 Industries
- Topic: Publishing
- Company: Coffee Stain
- Person: Todd Green
- Company: Motive Studios
- Game: Halo
- Company: Saudi Arabia
- Game: Assassin's Creed Origins
- Platform: Roblox
- Topic: Marketing
- Game: Grand Theft Auto VI
- Topic: Layoffs
- Company: Netflix
This article was reported and published by gamedeveloper.com. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.