EA Buys Company for $55 Billion, Shapes Gaming Future
Reading
Electronic Arts may be sold for a lot of money. The price could be around $55 billion dollars for the company. This sale could change the video game business a lot.
Saudi Arabia wants to invest more in video games. Their fund might buy Electronic Arts with other companies. The deal needs to be approved, and it could happen in 2027.
Many big investors are putting money into video games. Electronic Arts is a good target because they have popular games. Another company, Activision Blizzard, was bought by Microsoft in 2023.
Buying Electronic Arts could give them more freedom. They can make games without worrying about some rules. Some experts think this could make the games better.
Saudi Arabia is investing in video games because they are popular. Many young people in Saudi Arabia like games. Some groups are not happy with Saudi Arabia's investments in sports and games.
Questions
How much could Electronic Arts be sold for?
$55 billion dollars.
Who wants to invest more in video games?
Saudi Arabia.
Why are some groups unhappy with Saudi Arabia's investments?
They are not happy with Saudi Arabia's investments in sports and games.
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