So wait a minute,
Company gets bought off to private equity, strips the assets until bankrupsy. The government steps in and wants to support the employees to take the gutted business.
Im all for support of workers owned businesses.
But seems like the government isn’t dealing with the root cause here.
End result: Private equity made money. Good business was stripped out of assets. Tax payers to support rebuilding.
Just tax the private equity firms more.
Also, which devs?
Just about anyone who worked at Bioware during the golden era has long since moved on and gotten other work, so who would get the IP? Just a studio made up of whichever random people happened to be left when it shut down? If that’s the case, I don’t think that will accomplish anything because the last several Bioware games sucked and nobody liked them, which is a big part of why they’re being shut down in the first place.
If the goal is to get Mass Effect back on track, I think it’d be much more effective to sell the IP to a good studio that knows what to do with it, rather than just give it back to the existing devs so they can take 8 years to make a new game that has a good chance to bomb anyway.
And all that’s assuming that EA is even willing to part with the IP anyway. For all we know they might just want to sit on it forever/hand it off to one of their other internal studios, in which case that’s the end of that.
The NDP aren’t the government and never have been.
The problem is it’s not a private equity firm incorporated Canada. Like most things, a lot of the private owners of Canadian businesses, are American. We do the the work, they make the profits. We want to tax them? They’ll just shut down all their Canadian “investments.” Until we get it through our thick skulls we don’t need a rich American to own us and can run a company just fine without them, carefully leveraging crown corps as a public investment vehicle until a company can stand on its own legs and be privatized is a useful way to disentangle us from our current status as a resource colony for other countries.
funny how Politicians know that Private Equity is bad in this case but the equivalent for Real Estate (REIT) is a sacred cow.
“Politicians” aren’t one hive mind. I assure you that this particular politician certainly does not see REITs as a sacred cow.
“Politicians” aren’t one hive mind.
YET. Vote Borg 2029!
Vote Borg 2029!
Assimilate the means of production? Central planning? From each according to their abilities, to each according to their needs?
Got my vote.
Assimilate the means of production?
Yes
Central planning?
Yes
From each according to their abilities, to each according to their needs?
No, everyone is expendable, and your needs are irrelevant.
No, everyone is expendable, and your needs are irrelevant.
Ah, so basically the best of both worlds between communism and capitalism. Sign me up.
Better than real life communists because those tend to just be a dictatorship of the vanguard. A true hive mind where not a single person can have a differing opinion would be the best solution to a lot of things.
I dunno, can we do those little parasite guys from TNG “Conspiracy” instead? At this point, I’m kinda willing to listen to their plan.
Honestly I’d take the BORG over this triple class system we’ve got now.
This is the NDP, our lefty party, it most definitely isn’t for them either.
Not to defend anything, but the writing was on the wall long before Saudi Arabia got its grubby oily hands into it. People made games not logos and EA has treated them so spectacularly shit that they ensured that none of the people who made good games remained.
That could change. EA is barely 1 step away from being the gaming industry’s equivalent of a Private Equity firm itself. It’s less of a publisher and more of a vulture that runs promising companies into the ground for profit. The old crew is still around. I understand a lot work for Archetype Entertainment now under Wizards of the Coast. Would they be willing to come home under new management? It’s worth asking.
I’ve got a whole lot of hate for private equity turning everything they touch into shit but this with EA, the closure was a decade in the making with how EA treated all of its acquisitions, drastically changing their culture, and forcing them produce quantity over quality.
Uhh the opposite actually. BioWare used to make a ton of games. For the last decade, they’ve made just a few games. They did better when they had a game out every 1-2 years rather than 4-5.
Let’s stick out heads in the sand and blame everything on publishers instead of the studios themselves.
Some development studios aren’t supposed to last forever, Bioware is one of those studios.
Bioware, you made some of my favorite games of all time, but your time has been up for the past decade.
OK why not. Let the Canadian government own a videogame company.
A woke video game company
That would be so awesome
