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

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

Big business.

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

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

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

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

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

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

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

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

investors to the tune of $55 billion.

...