Electronic Arts To Acquire Warner Bros Games' Playdemic for $1.4 Billion in Cash

Video game giant Electronic Arts has struck a deal with AT&T and its WarnerMedia unit to acquire Warner Bros. Games' mobile games studio Playdemic for $1.4 billion in cash. From a report: "Playdemic is a premier mobile gaming company founded in 2010 and known for its popular, award-winning game Golf Clash," EA said on Wednesday. "Golf Clash is one of the leading mobile games in the U.S. and U.K. and has more than 80 million downloads globally to date."

"We have enjoyed working with the talented team at Playdemic as they have grown Golf Clash beyond all expectations into a hit mobile game with tremendous longevity," said David Haddad, president of Warner Bros. Games. "While we have great respect for the Playdemic team, our decision to divest is a part of our overall strategy to build games based on Warner Bros. storied franchises." EA said the acquisition is part of its mobile growth strategy focused on delivering new experiences for EA's network of nearly half a billion players around the world.

Re:

[GoTeam]

Yep, vomit. My kids haven't ever played playdemic, but we all know what EA does... (ruining the games and adding microtransaction (which also helps to ruin the games)). Damn, our game has problems. I know, add more features that will cause more problems!!!!

Re: *vomit*

[Malays2 bowman]

I think it's time to check out Good Old Games ( gog.com ) for your next purchases so your kids' minds don't get warped with the drek they put out today "You mean I can go to level 2 without paying anything? Cool!"

Golf Clash?

[Bigbutt]

Never heard of it. Clearly I'm out of the loop or something. My wife plays a few of the mobile games. I'm more on the desktop for gaming or the VR headset.

[John]

Re:

[VeryFluffyBunny]

Yeah, what does $1.4 billion look like? How much does it weigh? How many people would they need to move it around? How long would it take to count it? Will they live stream the transaction so we can see?

Re: Style

[calicuse]

It looks like 0101 0011 0111 0010 0100 1110 0000 0000 because all they really did was move some bits around.

Re:

[VeryFluffyBunny]

The article did specifically mention cash.

Re: Style

[calicuse]

Cash doesn't have to be actual dollar bills. The term cash is used to denote ready money or its equivalent. In this case the equivalent of 30,000 lbs. of $100 bills, i.e. $1.4B, was paid by moving bits around.

Re:

[smooth wombat]

Yeah, what does $1.4 billion look like?

See the link below for the pallets of bills. Another visualization can be found at this link [demonocracy.info].

How much does it weigh?

$1.4 billion in 100 dollar bills would weigh 30,864.17 pounds.

How many people would they need to move it around?

Depends on how it's loaded. The picture in this article [interactiveadvisors.com] says you'd need a forklift to move 10 pallets of $100 bills which equal $1 billion. For $1.4 billion you'd need to use 14 forklifts.

How long would it take

Re:

[VeryFluffyBunny]

Thanks!

There's a misspelling in the link; $1 billion doesn't weigh 10 tons (imperial), it weighs 10 tonnes (metric), i.e. 10,000kg. That means it'd weigh 14 tonnes. How many armoured vehicles would it take to carry that much?

Apparently, most bill counters count at 1,000 bills per minute (by no means the fastest). Assuming you only use one counting machine,14 million bills = 14,000 minutes or just under 14 weeks. Of course, with that much money it'd be practical to run out & buy maybe 100 machines, which

Playdemic?

[backslashdot]

That name aged well.

Re:

[Ostracus]

This is the delta variant.

That's Par

[calicuse]

for the mobile game maker's back nine strategy. Drive downloads through bogie ads and then chip it to the majors. Make lots of green. Rinse and repeat.