There is nothing wrong with that. I also got the console just to play certain PS4 games better, because I considered the PS4 PRO a waste of money.I've still only played 1 PS5 game on my PS5 thus far, after over 2 1/2 years of owning it. It's good for PS4 games, though.
Except that Saudi Arabia has enough money not to need to do a leveraged buyout, which is the kinda buyout you do if you are probably going to gut the company you are purchasing.Saudi Arabia buying EA isn't bad. Because they want to make money and increase influence in the long run, and whereas many firms want to sell the company assets and bail.
Just to put some scale to this: The net worth of the Saudi Public Investment Fund is ~ $1 trillion, meaning the entirety of the $55 billion purchase price of EA is pretty much a drop in their bucket. They're not doing a leveraged buyout because they're short on cash.Except that Saudi Arabia has enough money not to need to do a leveraged buyout, which is the kinda buyout you do if you are probably going to gut the company you are purchasing.
With how much they have in it, doing a leveraged buyout is even more suspicious since it would just make people panic and make headlines. If they wanted to be sneaky and use the existing company to further their goals of rehabilitating their image then a normal buyout would have been better.Just to put some scale to this: The net worth of the Saudi Public Investment Fund is ~ $1 trillion, meaning the entirety of the $55 billion purchase price of EA is pretty much a drop in their bucket. They're not doing a leveraged buyout because they're short on cash.
There's never "enough" money for some people. It's kinda the nature of the beast, otherwise they'd have stopped well before reaching a trillion dollars.Except that Saudi Arabia has enough money not to need to do a leveraged buyout, which is the kinda buyout you do if you are probably going to gut the company you are purchasing.
See, that's the thing with the graphics hitting the plateau, there's little reason to make most games ps5 exclusives if they're not going for FFXVI tier graphics and limit your potential audience when the ps4 had like over a hundred million units out there or something around that number and most of those people haven't bought a ps5 yet, so smaller studios made games for ps4 and ps5 both since they're not going for super crazy graphics anyways so might as well capitalize on the large existing install base. Also most games offer cross buy so even if you buy the ps4 game you get it for ps5 too in case you ever get one, so people have nothing to lose.I've still only played 1 PS5 game on my PS5 thus far, after over 2 1/2 years of owning it. It's good for PS4 games, though.
Not to mention, COVID fucked everything up and Sony especially did not want to miss out on most people who still owned a PS4/PS4 Pro, and could not afford a PS5.See, that's the thing with the graphics hitting the plateau, there's little reason to make most games ps5 exclusives if they're not going for FFXVI tier graphics and limit your potential audience when the ps4 had like over a hundred million units out there or something around that number and most of those people haven't bought a ps5 yet, so smaller studios made games for ps4 and ps5 both since they're not going for super crazy graphics anyways so might as well capitalize on the large existing install base. Also most games offer cross buy so even if you buy the ps4 game you get it for ps5 too in case you ever get one, so people have nothing to lose.
Is exactly why Saudi Arabia and its government can fuck off. I stopped caring about EA years ago, and they have not much to offer at all. The Saudis buying makes them even more worthless.There's never "enough" money for some people.
I still have some hope in my heart for another, good dragon age that harkens back to origins. Forever the optimist. Other than that and I guess Diablo I don’t really care about EA either (that Berserk homage they did for d4 was great though) but that’s the thing with having no expectations, things can only go up from there.Not to mention, COVID fucked everything up and Sony especially did not want to miss out on most people who still owned a PS4/PS4 Pro, and could not afford a PS5.
Is exactly why Saudi Arabia and its government can fuck off. I stopped caring about EA years ago, and they have not much to offer at all. The Saudis buying makes them even more worthless.
Diablo's Blizzard, not EA.I still have some hope in my heart for another, good dragon age that harkens back to origins. Forever the optimist. Other than that and I guess Diablo I don’t really care about EA either (that Berserk homage they did for d4 was great though) but that’s the thing with having no expectations, things can only go up from there.
That is Activision-Blizzard's. A reminder: Microsoft bought them out, so thus it's theirs now. You're never getting that next game for a long time, or it's going to be horribly compromised if it ever comes out.still have some hope in my heart for another, good dragon age that harkens back to origins. Forever the optimist. Other than that and I guess Diablo I don’t really care about EA either
Yep.Diablo's Blizzard, not EA.
Oh right I forgot. And no I’m real busy with other stuff. Been getting back into reading too, Wind and Truth (stormlight archive book 5) has gripped me and refuses to release, also the new digimon rpg is spectacular too, should post about that some come to think about it.That is Activision-Blizzard's. A reminder: Microsoft bought them out, so thus it's theirs now. You're never getting that next game for a long time, or it's going to be horribly compromised if it ever comes out.
Did you get to playing Lost Soul Aside yet?
Yep.
They've been done that already. They put out five total. The game was already running good, but it was mainly some glitches they had to iron out. You do whatever on your time and whenever it works for you. I'm busy with Yotei, and I gotta pick up Ninja Gaiden 4 and Double Dragon Revive in two weeks.heard lost soul had technical issues so decided to wait a bit until they patch em out.
Its doubtful that they are buying someone like EA to make money, the money is helpful, but this isn't them preparing for the end of oil. This would much more likely be about them trying to rehabilitate their image by controlling media. Even with the better current leader, he's still known as 'bonesaw' for a reason. But, while this would be the expected reason for them to buy someone like EA, what makes it weird is that its a leveraged buyout, which are notorious for being used to just gut the companies your buying.You guys miss the point. If I were Saudi Arabia, I wouldn't want to produce fossil fuels alone, even if in the long run it will get replaced, as there's a high probability based on advancements in nuclear that it may. Even if it doesn't, you're basically putting all of your eggs in one basket. The Saudis, led by MBS, have both liberalized their country, opened it up for investment, and used their oil wealth to buy out revenue-generating assets of all types in including American companies, for both influence and revenue. Whereas some PE firms may view American game devs as too expensive given American salaries, and could just offshore it, or sell bits of it to make quick cash, given that many PE firms make more money than the S&P500 returns.
You called it. I was wrong and I'm happy to be wrong.Well, barring any actual new entries, I’d still like to see at least the first couple Silent Hill’s get the REmake treatment.