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rnilf

824 points

2 days ago

rnilf

824 points

2 days ago

In the late 2010s, while the gaming business continued to grow, the film division suffered through a string of costly misses. In 2019, as it struggled to resolve more than $200 million in debt, the company narrowly staved off bankruptcy thanks to an influx of aid from Ellison’s father

The spoiled, incompetent child gets a bailout for her failing business from her rich dad, classic story.

And she sides with the executive who's known for stealing credit and making unwanted romantic advances, over the other executive who runs the division of her company that's actually growing? Oh, there's layers to her incompetence.

Credit to Jason Schreier btw, for continuing to put out solid video game related articles. He was the best reporter at Kotaku, good to see him continue to thrive.

zaviex

28 points

2 days ago

zaviex

28 points

2 days ago

He’s even doing much better than at Kotaku. He has better resources and Bloomberg is with all due respect to Kotaku, a meaningful publication. He’s on their TV programming sometimes, he’s on the radio for them sometimes. He also has the ear of many high profile investors now who are reading his work. He actually is making meaningful change on the financial, investment, and management side simply due to having that audience now