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Bloodbath Ahead For EA As It Looks To Cut $700 Million In Annual Costs Under Saudi Arabia (kotaku.com)
submitted 1 week ago by to c/games@lemmy.world
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[–] 12 points 1 week ago (1 child)

CEO Andrew Wilson is set for a massive payday. The company’s last SEC filing before going private pointed to a $77 million payout for the last fiscal year, double the number that was previously reported.

One of the finer aspects of unfettered capitalism.

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  • [–] 6 points 1 week ago* (last edited 1 week ago)

    That's actually crazy.

    For reference, Split Fiction's development cost was ~$40 million USD over ~3-4 years, ~75 devs. That's one of EA's better games, and not cheap.

    Yearly, $77 million could basically fund Battlefied development (with BF6 rumored to cost $400 million, maybe?).

    It's 11% of what they're looking to cut!

    Even if the rationale for the bonus is "Andrew Wilson put Battlefield back on track," that's still a good chunk out of the profits of ~500M of BF6 game sales so far.

    It's 1% of EA's entire yearly revenue they last reported, $7.84B.

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