Canadian NDP leader blames private equity for BioWare closure, backs employee buyback
NDP leader Avi Lewis blamed private equity for BioWare's closure and said employees should get the first chance, with federal support, to buy and run the studio themselves. EA shuttered BioWare after a record leveraged buyout by Savvy Games Group and Jared Kushner's private equity firm, with 400 jobs lost across its studios.
- Lewis urged giving BioWare developers the first chance to buy the studio
- BioWare closed after EA's record leveraged buyout
- 400 jobs were cut across EA studios including Respawn and Maxis
- Politicians are increasingly weighing in on games industry issues
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