Mmastodon CultureGaming first seen 4 d ago, last 4 d ago, peak #1

Critics blast private equity over BioWare's treatment

Original: This is private equity, this is what it does. Buy up businesses, run them into the ground, and rip them apart for short-

A criticism is circulating that private equity firms buy up businesses, run them into the ground and strip them for short-term profit, with BioWare cited as an example. The argument holds that the studio's own developers know best how to make the games fans love and should be given the first opportunity to run it, amid ongoing concern over layoffs and management decisions at the games studio.

Why now: Ongoing frustration over layoffs and corporate management at BioWare has renewed debate about private equity's role in gaming.

BioWareprivate equityElectronic Arts

Open on mastodon →

Evidence

• This is private equity, this is what it does. Buy up businesses, run them into the ground, and rip them apart for short-term profit. The developers at BioWare know how to run the studio. They know how to make the games we all love. They should be given the first opportunity -… · avilewis@mstdn.ca · 1

API: https://socialmediatrends-api.osmike.com/v1/trends/3156722