Do EA buyout talks hint at bigger industry troubles?
In Brief Why is Electronic Arts, one of the biggest names in the video game business, reportedly in talks to go private? Bloomberg’s Jason Schreier notes that video game companies are moving towards consolidation and that the deal could reflect EA executives’ broader concerns over the future of the industry. Following a period of rapid growth in the 2010s and during the pandemic, Schreier said gamers in recent years have “tended to stick with old favorites rather than purchasing new titles.”