kaychain.bsky.social
👤 Joined on 07 February 2024
Followers
Following
Total Posts
@kaychain.bsky.socialEA's annual Ebitda is around $1.5 billion, which should be enough to service the interest payments. But the publisher has told debt investors that it will cut $700 million in annual costs including $170 million in "organizational efficiencies," per Bloomberg. In other words: mass layoffs
Show PostEA officially goes private tonight, meaning: - EA will no longer trade on the NASDAQ for the first time in 36 years - All stockholders of EA (including many employees) will receive $210/share - EA will take on $18 billion (!) in debt, putting it on the hook to pay ~$1.8 billion/year in interest
Show PostI imagined the Chatsubo in 1984. 41 years later I opened its door. Neuromancer is in production.
Show PostAnyone who doesn’t see how very satisfied I’ve been throughout production doesn’t get what I most want out of an adaptatation. Mind you, that does tend to happen.
Show Post