They’re owned by private equity firm CVC Capital Partners. It’s just their way of saying they’re gutting the staff to increase profits for shareholders.
In 2006, CVC and Permira were accused by Labour MP Gwyn Prosser in the House of Commons of “greed” and “blatant asset stripping” of The AA “to borrow £500m on the basis of The AA’s assets in order to pay themselves a dividend.”
There’s been some pretty clear cases where the OSRS team has been forced to look into microtransactions, or profit-focused mechanics that have had huge pushback by the player base and they know that.
They can only fight the shareholders for so long, jagex is on its way out.
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They’re owned by private equity firm CVC Capital Partners. It’s just their way of saying they’re gutting the staff to increase profits for shareholders.
PVE will destroy companies wherever it touches eventually. rs3 is like on its 3rd owners right now.
There’s been some pretty clear cases where the OSRS team has been forced to look into microtransactions, or profit-focused mechanics that have had huge pushback by the player base and they know that.
They can only fight the shareholders for so long, jagex is on its way out.
Sucks but that’s capitalism baby!