Say you wake up one morning, and find out that EA has collapsed. The money that it had previously possessed is distributed evenly between the companies it owned. All the IP's it had in it's possession revert to their original owners. Other consequences can be speculated by you. How do you think this would effect the gaming landscape?
Edit: Due to repeated statements of pity for lost jobs: Everyone working for EA who has knowledge or expertise in directly how to make games will be hired by the companies EA had previously owned. Everyone else will be hired in jobs according to their expertise elsewhere, outside the gaming industry. That would include whoever was involved in making the decisions regarding online passes, successively poorer yearly releases, and shoehorning multiplayer into EVERYING, for starters.