Saudi Arabia Gains Soft Power Through $55 Billion EA Acquisition
TL;DR Summary
Saudi Arabia, through a consortium including the Public Investment Fund and brokered by Jared Kushner, has acquired Electronic Arts for $55 billion, marking a significant cultural and geopolitical move to expand its soft power via investments in sports, entertainment, and gaming, amidst ongoing debates about ethics and influence in global culture.
- With the Purchase of EA, Saudi Arabia Wields Soft Power With a Game Controller The Ringer
- Business The Economist
- EA’s $55 billion deal delivers a win for investors, but raises uncertainty for gamers CNBC
- Video games maker Electronic Arts strikes $55bn deal to go private Financial Times
- How Does Silver Lake Exit That $55 Billion EA Leveraged Buyout? Bloomberg.com
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