this post was submitted on 13 Sep 2023
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Unity bosses sold stock days before development fees announcement, raising eyebrows (www.eurogamer.net)
submitted 1 year ago by geosoco@kbin.social to c/games@sh.itjust.works
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Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it will soon charge developers when one of their games is downloaded.

The company has subsequently softened its stance slightly on a couple of aspects - but fury across the industry remains.

Behind the scenes, CEO John Riccitiello shifted 2000 shares last week on 6th September, as noted by Yahoo Finance, which noted this move was part of a trend over the past year where the exec has sold more than 50,000 shares in total and bought none.

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[–] Norgur@kbin.social 32 points 1 year ago (2 children)

Riccitiello made EA the money guzzling shithole it is today. Who thought he might change when he was given the reigns of unity?

[–] IWantToFuckSpez@kbin.social 20 points 1 year ago* (last edited 1 year ago)

Nobody at Unity expected him to change. It was the entire point that this shit heel got to helm the company. The three founders are billionaires now, that’s why. Two years ago one of the founders, Joachim Ante, sold $40million in stock. They dgaf anymore they just keep selling.

[–] Sanctus@lemmy.world 11 points 1 year ago

Remember when he wanted to charge players per digital bullet fired in FPS games?