Saudi Arabia PIF
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Cancelling Mass Effect And Closing BioWare Was An Obvious Thing For EA To Do, Experts Say
Electronic Arts has confirmed the closure of BioWare and the cancellation of its upcoming Mass Effect game. Analysts suggest this drastic measure was predictable due to EA's significant debt following a leveraged buyout by Saudi Arabia's PIF, Silver Lake, and Affinity. The studio's recent commercial disappointments, including Dragon Age: The Veilguard, Mass Effect: Andromeda, and Anthem, contributed to the decision.
Bioware Shut Down by EA With 400 More Jobs Cut
Electronic Arts is shutting down BioWare and cutting approximately 400 jobs as part of a cost-cutting measure, also canceling the next Mass Effect game. The company cited a need to align talent and investments for long-term growth, with the closure of BioWare potentially linked to recent financial pressures and past game performance.
Evening Reading - July 13, 2026
This edition of Shacknews Evening Reading covers various gaming news items including QuakeCon 2026, Games Done Quick, and updates on games like Palworld and Soulframe. It also touches on the revival of the Turok franchise and mentions the cancellation of an SNK-sponsored stream due to ownership concerns.
