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Protesters 'raid' EA to oppose Saudi Arabia acquisition
Protesters gathered at Electronic Arts headquarters to oppose the acquisition of the company by Saudi Arabia's Public Investment Fund. The group attempted to deliver a petition signed by over 70,000 people but was denied direct access by security. Concerns were raised about potential layoffs, studio closures, and content restrictions due to the leveraged buyout and foreign influence.
Cosplayers plan to storm EA headquarters today to protest Saudi Arabia buyout
Cosplayers are planning to protest at Electronic Arts headquarters against a proposed $55 billion buyout by a consortium including Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners. The protest aims to deliver a 70,000-signature petition and raise concerns about potential staff layoffs, increased monetization, and studio closures.
Cosplaying Gamers Will Raid EA HQ To Protest Saudi Arabia's $55 Billion Buyout
Gamers are planning a cosplay protest at Electronic Arts' headquarters on May 11 to oppose Saudi Arabia's Public Investment Fund's proposed $55 billion buyout. The Players Alliance HQ group aims to deliver over 70,000 petition signatures and raise awareness about potential negative consequences like layoffs and increased monetization due to the debt burden on EA.
EA boasts record year thanks to Battlefield 6 and EA Sports FC
Electronic Arts reported record net bookings of $8 billion for the fiscal year ended March 31, 2026, driven by the successful launches of Battlefield 6 and EA Sports FC 26. Despite the record financial performance, the company also conducted layoffs affecting Battlefield developers. EA is currently undergoing a pending acquisition by an investor consortium including Saudi Arabia's Public Investment Fund.
CWA Canada president says Saudi buyout of EA should trigger 'virtually every alarm bell'
CWA Canada president Carmel Smyth has urged the Canadian government to scrutinize the proposed $55 billion buyout of Electronic Arts by a consortium including Saudi Arabia's Public Investment Fund due to national security risks. Concerns include potential data misuse, surveillance, and the transfer of sensitive AI technology to a foreign state. The union also highlighted potential job losses for Canadian EA workers due to the deal's financing structure.
Saudi Investment Firm Has Increased Its Stake In Capcom
Saudi investment firm Electronic Gaming Development Company (EGDC) has increased its stake in Capcom to 6.04%, making it the fourth-largest shareholder. This investment, valued at approximately $617 million, follows EGDC's previous acquisition of a 5.03% stake. Capcom also announced plans to reveal more games before the end of fiscal year 2027, focusing on both new and established franchises.
Saudi Arabia’s EGDC Raises Ownership Stake in Capcom, Now Owns 6.04 Percent
Saudi Arabia's Electronic Gaming Development Company (EGDC) has increased its ownership stake in Capcom to 6.04 percent, acquiring an additional 1.01 percent. The EGDC, owned by Crown Prince Mohammed bin Salman, also holds a majority stake in SNK and is involved in the proposed acquisition of Electronic Arts by the Public Investment Fund, Silver Lake, and Affinity Partners.
Savvy Games Group to acquire Moonton Games for $6 billion
Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, has agreed to acquire Moonton Games for $6 billion. This significant acquisition marks a major move in the gaming industry.
Savvy Games acquires Mobile Legends developer Moonton for $6 billion
Savvy Games has acquired Mobile Legends developer Moonton from ByteDance for $6 billion, aiming to expand its mobile gaming division and esports presence. Separately, Roblox announced plans to charge creators for brand integrations starting in 2027, framing it as an evolution of user, creator, and brand responsibility rather than a revenue-driven move.
Top 12 Most Expensive Video Game Buyouts Of All Time
This article lists the top 12 most expensive video game buyouts, with Microsoft's $75.4 billion acquisition of Activision Blizzard topping the list. Other major deals include EA's $55 billion sale to an investor consortium and Take-Two's $12.7 billion purchase of Zynga. The analysis highlights trends of industry consolidation and significant investment from entities like Saudi Arabia's Public Investment Fund.
ByteDance Sells Mobile Legends: Bang Bang Dev Moonton to Saudis for $6b
ByteDance has agreed to sell Moonton, the developer of Mobile Legends: Bang Bang, to Saudi Arabian-owned Savvy Games Group for over $6 billion. This acquisition is part of Saudi Arabia's significant investment in the gaming sector. Moonton's parent company, ByteDance, previously acquired the studio in 2021 but has since been divesting from its gaming ventures.
The Sims 4's Maker Marketplace Is An Insult To Both Players And Modders
Electronic Arts and Maxis have faced backlash for introducing The Sims 4 Marketplace, a system for paid mods and microtransactions. Players are frustrated by additional monetization in a game already laden with DLC, and creators receive only 30% of sales, with EA taking 70%. The article criticizes this model as predatory and an insult to both players and modders, especially given the long-standing player request for a color wheel customization feature that EA claims is technically impossible.
ByteDance is selling its Moonton game unit to Savvy Games for a cool $6 billion
ByteDance has agreed to sell its mobile game developer Moonton, known for Mobile Legends: Bang Bang, to Savvy Games Group for $6 billion. This move is part of ByteDance's strategic shift away from gaming towards AI, while Savvy Games Group, backed by Saudi Arabia's Public Investment Fund, continues its expansion in the gaming sector.
One Of The Top 10 Biggest Gaming Buyouts In History Just Happened
Savvy Games Group has confirmed its acquisition of Moonton Technology, the developer of Mobile Legends: Bang Bang, for over $6 billion USD. This deal marks the sixth-largest buyout in video game history, with ByteDance making a $2 billion profit from its 2021 purchase. Savvy Games Group has been active in acquisitions, previously buying Scopely and Niantic's gaming division.
Crown prince of Saudi Arabia's Electronic Gaming Development Company acquires 5% stake in Capcom
Saudi Arabia's Electronic Gaming Development Company (EGDC), a subsidiary of the Misk Foundation, has acquired a 5% stake in Capcom, reportedly as a pure investment. This follows a similar acquisition of Capcom shares by the Public Investment Fund (PIF) in 2022. The article also includes commentary from Hasbro CEO Chris Cocks on the challenges and future of the video game industry, including cost inflation, talent acquisition, and the potential of AI.
Saudi Arabia now owns just over 10% of Capcom, national investment company scoops up more shares
Saudi Arabia's Public Investment Fund has increased its stake in Capcom, now owning just over 10% of the Japanese game developer. This move signifies significant foreign investment in the video game industry.
The Saudi company that owns SNK disclosed a 5% stake in Capcom
The Electronic Gaming Development Company (EGDC), a subsidiary of Saudi Arabia's Public Investment Fund through its MiSK Foundation, has disclosed ownership of 26,788,500 shares in Capcom. This move indicates a significant investment by the Saudi entity into the Japanese game developer.
Saudi Arabia now owns just over 10% of Capcom, as another national investment company scoops up more shares in the Resident Evil and Street Fighter publisher
An investment fund connected to Saudi Arabia's Public Investment Fund, the Electronic Gaming Development Company, has acquired approximately 5.03% of Capcom's shares. This brings Saudi Arabia's total ownership in the Resident Evil publisher to just over 10%, with the fund also holding full ownership of SNK. The EGDC stated the purchase is purely for investment purposes, aiming to profit from stock valuation increases.
Another Saudi Firm Has Acquired Stake in Capcom
Saudi investment firm EGDC has acquired a 5.03% stake in Capcom, marking the second Saudi entity to invest in the company. Capcom also announced plans to reveal more games before the end of fiscal year 2027, focusing on both new and established series.
Scopely hits $15 billion in lifetime revenue
Scopely has announced it has surpassed $15 billion in lifetime revenue after 15 years in the mobile gaming industry. The company's portfolio includes major titles like Pokémon Go and Monopoly Go, contributing to over 150 billion hours of playtime. Scopely has grown to over 3,000 employees globally and has made significant acquisitions, including Niantic and Loom Games, with the Public Investment Fund of Saudi Arabia now holding a majority stake.
