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Why Electronic Arts Shut Down BioWare
(www.bloomberg.com)
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this post was submitted on 30 Oct 2026
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Games
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Official company statements are what they want the public to hear and are often not the whole truth. In this case, I'd bet its not the truth at all.
Why the fuck would they not produce both?
Because they're so strapped for cash in servicing the debt for the leveraged buyout that they're looking for more predictable successes, as outlined in the article.
Also, to be clear, this isn't an official statement from them. It's from Schreier's sources. EA wouldn't say this officially as they have not officially acknowledged Battlefront 3.
How are leveraged buyouts even legal.
See also; McDonnell-Douglas acquiring Boeing, Skydance acquiring Paramount then WB, Private Equity in general.
The industry is in crisis from multiple angles. AI speculation is hoovering up their investment capital. Development costs are through the roof as games get more complicated and require more specialized labor. And despite some companies still spending those hundreds of millions in costs, they're finding that rarely correlates to hundreds of millions+ of revenue.
There isn't the risk tolerance to just let dev teams do whatever anymore. And Bioware's "whatever" has been three? flops in a row.
This is accurate, if Bioware were still the golden goose they would have let them do whatever representation they wanted.
Without regular wins, it's easier for executives to meddle and that's normally going to make things worse.