Public Investment Fund
Saudi Wealth Fund Reportedly Weighing Merger of EA and Savvy Games Group
A Bloomberg report says Saudi Arabia's Public Investment Fund is considering merging newly acquired Electronic Arts with Savvy Games Group, though no final decision has been made and any move would likely wait until Savvy closes its $6 billion Moonton acquisition.
3 outletsBusinessEA CEO's Pay Jumps to $38.6 Million Amid Record Battlefield 6 Sales — and Layoffs of the Devs Who Made It
A newly filed EA financial report shows CEO Andrew Wilson's total compensation rose to $38,649,984 in fiscal year 2026, driven largely by the success of Battlefield 6 — even as EA laid off developers who worked on the game earlier this year.
4 outletsBusinessEA Now Officially Owned by Saudi Arabia's PIF, Silver Lake and Jared Kushner's Affinity Partners After $55 Billion Deal Closes
Electronic Arts has gone private in the largest leveraged buyout in history, with Saudi Arabia's Public Investment Fund taking a 93-94% stake alongside Silver Lake and Jared Kushner's Affinity Partners, raising concerns over layoffs, creative direction and human rights.
6 outletsBusinessEA Goes Private in $55 Billion Saudi-Backed Buyout, Fueling Fears of Mass Layoffs
Electronic Arts has officially completed its $55 billion leveraged buyout by Saudi Arabia's Public Investment Fund, Silver Lake, and Jared Kushner's Affinity Partners. The deal, which loads EA with $18 billion in debt, has sparked widespread fears of mass layoffs as the publisher looks to cut $700 million in annual costs.
6 outletsBusinessElectronic Arts Officially Goes Private in $55 Billion Deal, Raising Layoff Fears
After nearly 36 years as a public company, Electronic Arts has completed a $55 billion buyout led by Saudi Arabia's PIF, with Silver Lake and Jared Kushner's Affinity Partners also involved. The deal delists EA from Nasdaq, and reports suggest the $18 billion in debt taken on could lead to significant cost cuts and layoffs.
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