Electronic Arts asserts that it will "maintain creative control" and retain "creative freedom" if the proposed sale to a consortium proceeds
Electronic Arts (EA) has stated it will retain "creative control" and "creative freedom" if its acquisition by a consortium of investors proceeds as planned.
At the end of September, Electronic Arts announced its intention to be acquired by a consortium including Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The PIF is led by Saudi Arabia's Prince Mohammed bin Salman Al Saud, while Affinity Partners was founded by Jared Kushner, son-in-law of Donald Trump.
The group plans to purchase the entirety of the company, with PIF integrating its existing shares. This would become the largest all-cash private acquisition when finalized in six to nine months.
According to a set of Frequently Asked Questions shared with employees and published by Game File, EA emphasized that its "mission, values, and dedication to players and fans worldwide remain unchanged," affirming that "EA will retain creative control, ensuring our legacy of creative freedom and player-centric values continues."
EA expressed the consortium's support for its strategy by stating, "The Consortium shares our vision and belief in our leadership, and is committed to fostering creativity that resonates with our global player community." The company further clarified there are no financial issues, stating: "This collaboration enables us to accelerate and seize new opportunities worldwide," without any "immediate" impacts on staffing, teams, or daily operations.
Additionally, EA confirmed Andrew Wilson will continue as CEO with "no changes" to its executive leadership.
Recently, the president of the Communications Workers of America (CWA) urged the Federal Trade Commission (FTC) and the Committee on Foreign Investment in the U.S. (CFIUS) to thoroughly review the recently declared EA buyout to safeguard workers, consumers, and the future of the gaming industry.