Electronic Arts

EA has closed studio BioWare, cancelled its forthcoming Mass Effect project and will lay off more than 400 employees. The closure follows years without a major hit from the studio and comes as EA faces heavy debt after a leveraged buyout involving Jared Kushner and a Saudi wealth fund. Fans and industry figures mourn the loss of a studio credited with defining modern single‑player RPGs. » More on theguardian.com

Electronic Arts has closed the Edmonton studio Bioware, founded in 1995, and abandoned development of a new Mass Effect project. Bioware, known for series such as Dragon Age, Mass Effect and Baldur's Gate, is thus being shut down. EA cites a focus on fewer, but more extensive, initiatives as the reason for the decision. » More on finanzen.net

Electronic Arts will lay off 400 employees (about 3 percent of its workforce) as part of a restructuring and will close the Bioware studio. Work on the new Mass Effect has been halted; roughly 50 Bioware employees are directly affected. EA says it will focus going forward on high-revenue franchises such as FIFA and Madden; several projects like “Lotus” (The Sims) have been stopped, and the Skate team has been reduced. The measures come against the backdrop of high debt following a takeover by investors. » More on n-tv.de

Electronic Arts reported earnings per share of 157.00 ARS for the quarter ended 30 June 2026, compared with 64.82 ARS a year earlier. Revenue rose 47.28% to 2,822.08 billion ARS (previous year: 1,916.07 billion ARS). » More on finanzen.net

Electronic Arts closed a $55 billion go‑private sale to Saudi Arabia's PIF, Silver Lake Partners and Affinity Partners. The deal, the largest private equity‑funded buyout ever, includes about $20 billion in debt financing and pays shareholders $210 per share as EA stock is delisted. New owners say they will invest in growth and AI-driven game development, while critics warn of data, governance and human‑rights concerns and possible cost cuts under heavy debt. » More on finance.yahoo.com