Electronic Arts

Money Moves

Closed BioWare and canceled the next Mass Effect in October 2026

EA closed BioWare on October 21, ending early work on the next Mass Effect game and cutting about 400 jobs across the company, roughly 50 of them at the Edmonton studio. The closure came less than three months after a $55 billion buyout took EA private.

Updated Nov 2

Money Moves

As of August 2026: Now privately owned after 37 years public

Electronic Arts has been a public company since 1989. On August 4, 2026, that ended. A group led by Saudi Arabia's Public Investment Fund bought the maker of Madden, The Sims, and Battlefield for about $55 billion and took it private.

Updated Aug 4