Video Games 🎮

As I posted above, not only is a Private Equity Group (PEG) buying out EA, it also sounds like they are going to fire a lot of people and replace them with AI.

Most of the time these PEGs cut all the costs (people) and then sell the remaining assets piecemeal to maximize their profits. They destroy most of what they buy.

This is the same kind of entity (PEG) that is trying to get involved in College Football.

Let that sink in.