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Supply Chains

Electronic Arts, a leading video game company, is nearing a deal valued at nearly $50 billion to transition from a publicly traded entity to a privately held firm. This information has been confirmed following initial reports from the Wall Street Journal.

A consortium of investors, which includes private-equity firms Silver Lake, Saudi Arabia’s Public Investment Fund, and Jared Kushner’s Affinity Partners, is in discussions with the creators of popular franchises such as The Sims, Battlefield, and Madden to facilitate this change. If successful, this deal could mark the largest leveraged buyout in history, given EA’s current market capitalization of $48.38 billion.

Representatives from Electronic Arts and Silver Lake have not yet responded to requests for comments. In its latest quarterly earnings report for the period from April 1 to June 30, EA reported a non-GAAP diluted earnings per share of 79 cents on $1.3 billion in net bookings, which translates to $1.67 billion in revenue. The company noted that it experienced better-than-expected contributions from various segments of its portfolio, including EA Sports, Apex Legends, and its game catalog.

While EA did not provide specific sales figures for its games, it highlighted that EA Sports achieved a record quarter for FC Mobile sales. Under the leadership of CEO Andrew Wilson, EA’s primary focus is the upcoming release of Battlefield 6 on October 10. The company also boasts a diverse catalog of game franchises, including Skate (which recently entered early access), EA Sports FC (formerly known as FIFA), Apex Legends, The Sims, EA Sports, Madden NFL, EA Sports College Football, Need for Speed, Dragon Age, Titanfall, Plants vs. Zombies, and EA Sports F1, among others.

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