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What Next | Daily News and Analysis

TBD | Saudi Arabia Gets into EA’s Games

What Next | Daily News and Analysis

Slate

News, Daily News, News Commentary, Politics

4.62.3K Ratings

🗓️ 5 October 2025

⏱️ 27 minutes

🧾️ Download transcript

Summary

How one of the largest video game companies was bought for $55 billion by a group that includes Saudi Arabia’s sovereign wealth fund and Jared Kushner. Guest: Jason Schreier, Bloomberg reporter Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Podcast production by Evan Campbell, and Patrick Fort. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Bloomberg reporter Jason Schreier has covered video games for a long time.

0:09.0

Sometimes, that means reviews, but more often it means business.

0:13.9

Big business.

0:18.5

According to the Entertainment Software Association, the U.S. video game market is valued at nearly $60 billion.

0:26.0

That's more than the American film, music, and book publishing industries combined.

0:33.3

So when there's a big sale, it's a big deal.

0:36.6

And when that big sale involves electronic arts, aka EA, it's huge.

0:43.8

What was your first reaction when you saw that electronic arts was being sold?

0:49.9

My first reaction was, oh my God, this is bad news.

0:55.0

EA has about 14,500 employees, and I think after the closing of this deal, that number will go down significantly.

1:08.0

So that was my first reaction was like, oh, God, this could mean bad things.

1:13.3

Last week, the company behind games like Madden and The Sims was bought by a group of private

1:18.6

investors to the tune of $55 billion. But the surprising part is just who those investors are.

1:27.8

The biggest player here is Saudi Arabia's sovereign wealth fund, the PIF.

1:32.7

Saudi Arabia has a ton of investments in the video game industry,

1:35.8

and they've also made big plays in the e-sports field in the competitive gaming world.

1:42.1

There's also a private equity firm and Jared Kushner. Yes, that Jared Kushner.

1:49.6

It's not super shocking. Gaming has been a pretty good investment over the last few years,

1:56.2

so it's never really shocking to see money people trying to get involved. Given all of the people that are involved in this deal, is it fair to say that there are some

2:07.3

rather big implications here, both economically and politically, but as well as culturally?

2:13.6

I think it's too early to say. I've also, I've seen a lot of people kind of speculating,

2:19.2

oh, Jared Kushner, obviously Trump's son-in-law, is he going to get involved with the games in some way,

...

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