Bloodbath Ahead For EA As It Looks To Cut $700 Million In Annual Costs Under Saudi Arabia
Kotaku | 05.08.2026 20:15
Electronic Arts’ $55 billion sale to Saudi Arabia and a consortium of other investors, including Donald Trump’s son-in-law, Jared Kushner, officially wrapped up last night. Now comes the brutal part where the Battlefield and Madden maker restructures to service its enormous new debt load as part of the financial transaction. Bloomberg reports that the publisher is promising debt holders up to $700 million in annual cuts, leading to fears of another major bloodbath in the video game industry.