Hello Hello, Happy Monday and welcome to this week’s edition of The Game Business Micro.
This is the paid subscriber-only newsletter and Show designed to offer you a brief and insightful look at the biggest news stories of the previous week.
It’s post-Tokyo Game Show, so there were not so many game reveals. Instead, there was a major acquisition, a big price rise, layoffs at European studios, a rebrand and a new major player in the web store space.
So, why not grab a cup of tea or coffee, and let’s dive in.
Industry fearful over $55bn EA deal
In Brief: Video game analysts predict EA will need to lay-off staff, and sell some of its IP and studios, following the $55 billion acquisition by private equity firms.
This is because the buyout by Saudi Arabia’s Public Investment Fund, Silver Lake Management and Affinity Partners includes $20 billion in debt. Analysts, including Ampere Analysis, Super Joost and Nicholas Lovell anticipate rationalization in a bid to service the debt.