Virtual Economy podcast

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תוכן מסופק על ידי Michael Futter and Amanda Farough, Michael Futter, and Amanda Farough. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Michael Futter and Amanda Farough, Michael Futter, and Amanda Farough או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

<div class="span index">1</div> <span><a class="" data-remote="true" data-type="html" href="/series/exile-3411195">Exile</a></span>

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Exile

בטל רישום

לפני 10 ימיםלפני 10d ago

בטל רישום

חודשי

Welcome to Exile, a podcast about Jewish lives under the shadow of fascism. Narrated by award-winning screen and stage actor, Mandy Patinkin. Untold stories and firsthand accounts drawn from intimate letters, diaries and interviews found in the Leo Baeck Institute’s vast archive. Each episode, a story of beauty and danger that brings history to life. Because the past is always present. Starting November 1, episodes are released weekly every Tuesday. The Leo Baeck Institute, New York | Berlin is a research library and archive focused on the history of German-speaking Jews. Antica Productions produces award-winning non-fiction podcasts, films and series which inform and inspire audiences around the world.

Virtual Economy

שתפו

בית הסדרות•Feed

The business of video games can be complicated. In each episode of Virtual Economy, hosts and analysts Amanda Farough and Michael Futter break down the biggest business news in the video game industry.

131 פרקים

#Tech #Business #Entertainmentbusiness #Videogamebusiness #Michael Futter and Amanda Farough #Amanda Farough #Michael Futter #Videogame

Virtual Economy

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updated לפני 9 ימים

שתפו

בית הסדרות•Feed

131 פרקים

#Tech #Business #Entertainmentbusiness #Videogamebusiness #Michael Futter and Amanda Farough #Amanda Farough #Michael Futter #Videogame

ทุกตอน

Virtual Economy

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Episode 188: We’re Getting Tired of Clowns in the C-Suite (News Show) 1:18:53

לפני 9 ימים1:18:53

הפעל מאוחר יותר

רשימות

לייק

אהבתי

1:18:53

Despite mounting evidence that Games as a Service are struggling, executives continue to go back to that empty well. Also: A ton of earnings reports (Nintendo, EA, Paradox, Square Enix, Sega, Ubisoft, Remedy, Embracer Group, and Sony), the labor picture worsens, and Niantic may be exiting the gaming space. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:01:58] - Nintendo Q3 FY25 Earnings [00:16:07] - EA Q3 FY25 Earnings [00:30:18] - Paradox FY24 Earnings [00:34:40] - Take Two Q3 FY25 Earnings [00:36:46] - Square Enix Q3 FY25 Earnings [00:40:17] - Sega Q3 FY25 Earnings [00:42:52] - Ubisoft Q3 FY25 Earnings [00:44:49] - Remedy FY24 Earnings [00:47:15] - Embracer Group Q3 FY25 Earnings [00:50:18] - Sony Q3 FY25 Earnings [00:54:11] - Investment Interlude [01:01:38] - Quick Hits [01:05:18] - Labor Report SOURCES Consolidated Results for the Nine Months Ended December 31, 2023 and 2024 | Nintendo Electronic Arts Reports Q3 FY25 Results | EA Battlefield Labs | EA END OF KAIZEN REVIEW | EA Year-end report January – December 2024 | Paradox Paradox Interactive acquires Haemimont Games | Paradox Consolidated Financial Results for the Nine-Month Period Ended December 31, 2024 | Square Enix Consolidated Financial Results for the Nine-Month Period Ended December 31, 2024 | Sega UBISOFT REPORTS THIRD-QUARTER 2024-25 SALES | Ubisoft Remedy Entertainment Plc: Financial Statements Release January-December 2024 | Remedy Embracer Group publishes Interim Report Q3 | Embracer Group Q3 FY2024 Consolidated Financial Results | Sony INVESTMENT INTERLUDE Dead Astronauts Secures €4M In Oversubscribed Seed Round | Dead Astronauts nDreams establishes new internal studio, shutters two others | GamesIndustry GameStop Announces Plan to Pursue a Sale of French and Canadian Operations | GameStop ‘Pokémon Go’ Maker Nears $3.5 Billion Deal to Sell Games Unit | Bloomberg (Paywall) LABOR REPORT Sumo Group is Refocusing and Undergoing Layoffs | Sumo Group on LinkedIn Iron Galaxy Layoffs | Iron Galaxy on LinkedIn Report: ProbablyMonsters conducting more layoffs after pledging to build 'stable home for developers' | Game Developer Report: Hi-Rez Studios laid off dozens of developers from Smite team | Game Developer Crytek is Laying Off 15% of its Workforce | Crytek on LinkedIn VR dev Toast Interactive lays off majority of staff | Game Developer Liquid Sword makes "deeply regrettable" job cuts for "the studio's long-term sustainability" | GamesIndustry Netflix has laid off staff at Oxenfree developer Night School Studio | Game Developer Bossa Games Layoffs | Bossa Games on LinkedIn EXCLUSIVE: 10:10 Games Employees Offered No Severance, Layoffs Happened While On Holiday, And More | Insider Gaming Layoffs at NetEase on the Marvel Rivals team | Jack Burrows on LinkedIn Layoffs at NetEase on the Marvel Rivals team | Thaddeus Sasser on LinkedIn…

Virtual Economy

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Episode 187: When A Publisher Won’t Use the Word ‘Layoff’ (News Show) 1:55:29

לפני 4 weeks1:55:29

1:55:29

There are few things worse than yet another company laying people off… and EA has committed the sin of obfuscating job losses. Also: Earnings season is underway, the Circana report for December 2024 and the full year, a recap of the GDC State of the Industry report, and more. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:00:49] - EA Takes a Tumble [00:12:58] - Microsoft Q2 FY25 Earnings [00:19:38] - Capcom Q3 FY25 Earnings [00:25:39] - Circana Report on U.S. Video Game Spending for December 2024 and Full Year 2024 [00:35:25] - Learnings from the GDC State of the Industry Report [01:05:38] - Investment Interlude [01:14:06] - Quick Hits [01:25:21] - Labor Report [01:38:15] - Listener Questions [01:50:18] - FAFO SOURCES Electronic Arts Pre-Announces Preliminary Q3 FY25 Results | EA Electronic Arts EVP Jacob Schatz sells shares worth $215,174 | MSN Earnings Release FY25 Q2 | Microsoft Consolidated financial results for the 3rd Quarter of FY2024 | Capcom Meta Reports Fourth Quarter and Full Year 2024 Results | Meta The drone pilot who took out an LA firefighting plane pleads guilty to escape prison | The Verge INVESTMENT INTERLUDE Pocketpair launches publishing business [Pocketpair Publishing] and announces first publishing partnership with SURGENT STUDIOS. | Pocketpair Virtuos acquires three studios to 'significantly augment' development support capabilities | Game Developer Board game distribution major Alliance gets $39m buyout bid as owner Diamond Comics files for bankruptcy protection | BoardGameWire Closing of Easybrain divestment | Embracer Group LABOR REPORT BioWare Studio Update | BioWare Blog Reflector confirms more layoffs after Unknown 9 falls short of expectations | Game Developer Phoenix Labs Lays Off Most of Its Staff | Phoenix Labs on LinkedIn Ubisoft Layoffs and Closures | Ubisoft Leamington on LinkedIn Fast Travel Games Lays off 30 People | Fast Travel Games on LinkedIn Studio co-founded by Dr Disrespect closing after three years working on new FPS | PCGamesN…

Virtual Economy

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Episode 186: Unalive Service (Season Premiere - News Show) 1:09:01

לפני 6 weeks1:09:01

1:09:01

The year has begun, and the industry is already off to an intense start. On this episode, we discuss the business decisions behind the Switch 2’s departure from “Weird Nintendo,” Ubisoft’s precarious position, the U.S. ruffling Tencent’s feathers, and the Consumer Financial Protection Bureau’s move to regulate premium game currency. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:03:27] - The Switch 2 has finally been announced [00:19:11] - The United States labels Tencent a military asset [00:22:16] - The U.S. Consumer Financial Protection Bureau turns its eye to premium game currency [00:26:15] - The U.S. Federal Trade Commission sets new precedent regarding sales of loot boxes [00:37:16] - Investment Interlude [00:48:47] - Quick Hits [00:54:39] - Labor Report SOURCES US designates Tencent and CATL as Chinese military companies | The Verge LFG (Looking for gamers): CFPB wants to hear about your video game loot | Consumer Financial Protection Bureau CFPB Seeks Input on Digital Payment Privacy and Consumer Protections | Consumer Financial Protection Bureau Banking in video games and virtual worlds | Consumer Financial Protection Bureau Genshin Impact Game Developer Will be Banned from Selling Lootboxes to Teens Under 16 without Parental Consent, Pay a $20 Million Fine to Settle FTC Charges | U.S. Federal Trade Commission INVESTMENT INTERLUDE Ex-Annapurna Video-Game Staff to Absorb Former Take-Two Indie Label | Bloomberg (Paywall) Strategic Update | Ubisoft ANALYSIS: Ubisoft Faces Its Most Challenging Year in its History | Insider Gaming Tencent, Guillemot Family Said to Mull Ubisoft Asset Venture | Bloomberg (Paywall) NetEase pulls funding for another studio: Former Halo Infinite design head says Jar of Sparks is 'halting work' while it looks for a new publisher | PC Gamer Maximum Entertainment divests Merge Games assets to Silver Lining | GamesBeat LABOR REPORT Suicide Squad: Kill the Justice League developer Rocksteady hit by end-of-year layoffs | Eurogamer The First Gaming Layoffs Of 2025 Have Happened | Insider Gaming via YNA EXCLUSIVE – Cloud Imperium Games Undergoes Major Shake-Up to Hit Deadlines | Insider Gaming GameStop is Silently Shutting Down More US Stores | Insider Gaming Robocraft 2 developer Freejam shuts down | Game Developer Splash Damage is Ending Development on Transformers: Reactivate and Scaling Down | Splash Damage on Twitter Toadman Interactive has been Closed by Daybreak | Senol Kandemir on LinkedIn Microsoft conducts 'small' layoffs across various divisions | Game Developer VR studio Soul Assembly has laid off 15 percent of its workforce | Game Developer Group Customer Harassment Policy | Square Enix STJV union calls for extended strike at Don't Nod with layoffs looming | Game Developer…

Virtual Economy

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Episode 185: Survive Through ‘25 (News Show) 1:05:08

לפני 10 weeks1:05:08

1:05:08

34,000. That’s how many jobs have been lost in our industry since the start of 2022. We recap the year, discuss PAX Unplugged and The Game Awards, and look ahead at what to expect in 2025. We did a deep dive on tabletop card game trends and the looming tariffs for all of our fellow tabletop gaming nerds, too! You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:05:17] - Reflecting on PAX Unplugged 2024 [00:27:44] - Our Time at the TGAs [00:32:54] - Circana Report on U.S. Video Game Spending for November 2024 [00:39:23] - Gamestop Q3 FY24 Earnings [00:41:30] - Investment Interlude [00:47:21] - Quick Hits [00:55:50] - Labor Report SOURCES GameStop Discloses Third Quarter 2024 Results | GameStop INVESTMENT INTERLUDE KADOKAWA and Sony Agree to Form Strategic Capital and Business Alliance | Sony Cooldown Games Formed by WB, Gearbox, and id Software Veterans | Cooldown Games on LinkedIn Reforged Studios acquires Yellow Lab Games | GamesIndustry LoopMe Acquires Chartboost from Zynga, Accelerating its Mission to Power Brand Advertising Across the Digital Ecosystem | Business Wire Build a Rocket Boy acquires PlayFusion | VGC Dark Passenger Receives $3M Investment from The Games Fund | Ilia Eremeev on LinkedIn LABOR REPORT In what will surely come as no surprise at all, the end of Suicide Squad means layoffs at Warner Bros. | PC Gamer People Can Fly hit with another round of layoffs | GamesIndustry Glow Up Games is shutting down | Mitu Khandaker on LinkedIn Layoffs at Deck Nine Games | Deck Nine Games on Twitter Hothead Games is Shutting Down After 18 Years | Hothead Games on LinkedIn ZeniMax Online Studios workers form their own union | Engadget…

Virtual Economy

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Episode 184: Call of Duty Saves the Month… On PlayStation (News Show) 51:48

לפני 13 weeks51:48

51:48

We now know that Microsoft wasn’t kidding when they said they had no intention of pulling Call of Duty from PlayStation. Whether the Game Pass Gambit pays off or not, Black Ops 6 is selling great on Sony’s console. Also: the rest of the Circana report on U.S. Video Game Spending for October, a pair of Mass Effect alums run into funding trouble, and more. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:] - Ubisoft Shutters Three Studios and Ends XDefiant Development [00:] - Circana Report on U.S. Video Game Spending for October 2024 [00:] - Investment Interlude [00:] - Quick Hits [00:] - Labor Report SOURCES Ubisoft Discontinues Development on XDefiant | Ubisoft Thought Pennies cuts headcount as project loses funding | GamesIndustry Heart Machine is Undergoing Layoffs | Sol Brennan on LinkedIn A Message to the Reflector Community | Reflector Humanoid Origin, the Studio Co-Founded by Mass Effect Director Casey Hudson, is Shutting Down | Humanoid Origin on LinkedIn BioWare alum Mac Walters freezes indie studio Worlds Untold amid funding search | Game Developer Report: Kwalee lays off "at least 10" people | GamesIndustry Torn Banner is Undergoing a Restructure and Layoffs | Torn Banner on LinkedIn Report: Lilith Games cuts 40 staff as Project Party undergoes changes | PocketGamer 2K Games' motion capture studio votes to unionise | GamesIndustry INVESTMENT INTERLUDE Exclusive: Sony is in talks to buy media powerhouse behind 'Elden Ring' | Reuters FromSoftware parent Kadokawa confirms buyout interest from Sony | GamesIndustry Play Ventures raises $140m in third gaming fund | GamesIndustry Tencent acquires majority stake in Kuro Games | GamesIndustry Bandai Namco subsidiary Bandai Namco Online to be dissolved and merged with parent company | GamesIndustry My.Games sells hyper-casual game publisher Mamboo | GamesIndustry…

Virtual Economy

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Episode 183: The Cold Embrace(r) (News Show) 52:40

לפני 15 weeks52:40

52:40

Another bad quarter for Embracer could have ripple effects throughout the industry. Also: Sony, Nintendo, Sega, and Square Enix earnings, legal trouble for NetEase executives, a strike at Activision Blizzard, and more. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:01:12] - Sony Q2 FY25 Earnings [00:08:11] - Nintendo H1 FY25 Earnings [00:23:09] - Sega H1 FY25 Earnings [00:27:17] - Square Enix H1 FY25 Earnings [00:31:18] - Embracer Group Q2 FY25 Earnings [00:34:27] - Investment Interlude [00:35:50] - Quick Hits [00:41:10] - Labor Report [00:46:22] - FAFO SOURCES Consolidated Financial Summary for the Second Quarter Ended September 30, 2024 | Sony Consolidated Results for the Six Months Ended September 30, 2023 and 2024 | Nintendo Report on Patent Infringement Lawsuit | Pocketpair Consolidated Financial Results for the Six Months Ended September 30, 2024 | Sega Consolidated Financial Results for the Six Months Ended September 30, 2024 | Square Enix Embracer Group publishes Interim Report Q2 | Embracer Group Thunderful Group Interim Report January–September 2024 | Thunderful Rime developer Tequila Works files for insolvency | Games Industry More layoffs at Payload Studios | GamesIndustry America's Biggest Video Games Union Goes on Strike | Inverse NetEase employees have allegedly laundered up to $139.3 million in a trading scheme that involves nearly 30 companies | PC Gamer INVESTMENT INTERLUDE Modern Times Group buys Plarium for $620M | GamesBeat…

Virtual Economy

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Episode 182: We Carry On… Together (News Show) 1:33:23

לפני 17 weeks1:33:23

1:33:23

It’s earnings season, so we’re digging into the numbers to help us understand if “Survive until ‘25” is still realistic or if things are going to remain difficult through next year. Also: Circana report on U.S. video game spending for September 2024, a few bright investment items, and a labor report that still shows bumpy roads ahead. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. TIME STAMPS [00:03:56] - Desert Bus for Hope [00:05:05] - Circana Report on U.S. Video Game Spending for September 2024 [00:14:26] - EA Q2 FY 25 Earnings [00:27:11] - Microsoft Q1 FY24 Earnings [00:35:45] - Ubisoft Q2 FY25 Earnings [00:39:51] - Remedy Q3 FY24 Earnings [00:45:24] - Capcom Q2 FY25 Earnings [00:51:07] - Take-Two Q2 FY25 Earnings [00:58:35] - Video Game History Museum - Statement on DMCA 2024 Ruling [01:05:14] - Investment Interlude [01:12:06] - Quick Hits [01:14:54] - Labor Report SOURCES Electronic Arts Reports Strong Q2 FY25 Results | EA Earnings Release FY25 Q1 | Microsoft UBISOFT REPORTS FIRST-HALF 2024-25 EARNINGS FIGURES | Ubisoft Business Review: January - September 2024 | Remedy Consolidated financial results for the 2nd Quarter of FY2024 | Capcom Take-Two Interactive Software, Inc. Reports Results for Fiscal Second Quarter 2025 | Take-Two Interactive Second Quarter Fiscal FY25 Results and Guidance Summary | Take-Two Interactive Statement on the DMCA 2024 triennial review ruling | Video Game History Foundation INVESTMENT INTERLUDE ‘Happy Hunting’ Filmmaker Launches Wolf Haus Games With Funding From ‘PUBG’ Developer Krafton | Variety Radical Forge raises £2.6m | GamesIndustry The End of the Beginning | Space Ape Squido Studio raises $3M for social XR game DigiGods | GamesBeat Amplitude Studios is Independent after Sega Split | Romain de Waubert de Genlis on LinkedIn…

Virtual Economy

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Episode 181: Roblox Remains Icky as Heck (News Show) 1:33:05

לפני 19 weeks1:33:05

1:33:05

A scathing report from Hindenburg Research surfaces shocking realities about Roblox’s investor relations and massive failures to protect youth on the platform. Also: Circana Report U.S. video game spending for August 2024, Google is now required to make external app stores more viable, and more. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. TIME STAMPS [00:01:26] - Circana Report on U.S. Video Game Spending for August 2024 [00:13:02] - Google Suffers Key Loss in Epic lawsuit [00:18:53] - Roblox Accused of Investor Malfeasance and Failing to Protect Kids [00:37:58] - Investment Interlude [00:47:58] - Quick Hits [01:06:01] - Labor Report [01:18:16] - Listener Question SOURCES Google must crack open Android for third-party stores, rules Epic judge | The Verge Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids | Hindenburg Research Bandai Namco Cuts Jobs, Culls Titles as Game Sector Woes Deepen | Bloomberg (Paywall) More Embracer Group layoffs: Star Trek Online developer Cryptic Studios is cutting jobs for the second time in a year | PC Gamer Don't Nod admits "challenging times" as "reorganisation project" puts up to 69 jobs at risk | GamesIndustry An Update on How We're Evolving League | Mark Merrill (@MarcMerrill) on Twitter Tequila Works lays off "small number" of staff, cancels unannounced game | GamesIndustry Surgent Studios Puts Games Division on Hiatus | Surgent Studios (@surgentstudios) on Twitter NCSOFT spins off 4 subsidiaries for AI, game development | The Korea Times Scoop: Netflix shuts down 'AAA' Team Blue gaming studio, amid gaming shake-up | Game File INVESTMENT INTERLUDE Ex-Disco Elysium devs announce two rival studios | Game Developer Saudi Arabia trims stake in Nintendo | GamesIndustry Keywords Studios to acquire US-based studio Certain Affinity | Keywords IOI Partners and Leslie Benzies’ Build A Rocket Boy enter a Worldwide Publishing and Distribution Agreement for AAA New Console and PC Game, MindsEye | IOI…

Virtual Economy

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Episode 180: Ubisoft in Freefall (News Show) 1:25:57

לפני 21 weeks1:25:57

1:25:57

Ubisoft has been under fire since a failed hostile takeover attempt in 2018. Since then, a toxic culture of misogyny and harassment was revealed in 2020 leading to an exodus of talent and a string of underperforming releases. Now, a critical game delay, a board review of operations, and a looming strike in France have tanked the share price as the company is fending off an activist investor bent on forcing the company to eject the Guillemot family and take private equity to save the ailing publisher. Also: Another very bad time for labor, another story reveals a power struggle inside Annapurna, and Behaviour acquires a new studio just one week after shutting another down. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:00:35] - Ubisoft is Having Some Trouble [00:23:56] - What Happened Inside Annapurna Interactive [00:35:56] - Investment Interlude [00:44:28] - Quick Hits [00:57:28] - Labor Report SOURCES Ubisoft updates its financial targets for FY2024-25 | Ubisoft Ubisoft employees in France called to strike over return-to-office mandate | Game Developer Tencent, Guillemot Family Are Said to Consider Buyout of Ubisoft | Bloomberg (Paywall) Inside Annapurna Interactive's Mass Walkout | IGN Annapurna Video-Game Division Imploded Because of Power Struggle | Bloomberg (Paywall) Layoffs at Smite Developer Hi-Rez | Stewart Chisam (@schisam) on Twitter UK studio nDreams confirms layoffs could impact 17.5 percent of workforce | Game Developer Airship Syndicate Lays off 16 People | Airship Syndicate on LinkedIn NetEase subsidiary Skybox Labs lays off 25 people | GamesIndustry Report: VR studio XR Games placing 72 employees at 'risk of redundancy' | Game Developer Redhill Enters Consultation in Advance of Layoffs | Matias Myllyrinne on LinkedIn Concord Director Steps Down As Studio Behind Historic PlayStation Flop Waits For Sony's Decision | Kotaku Gamurs Group employees reportedly hit with more layoffs | GamesIndustry Mountaintop Lays off 13 People | Nicole Carpenter (@sweetpotatoes) on Twitter Maximum Games has Closed Merge Games | Merge Games (@mergegamesltd) on Twitter Sharkmob London faces layoffs after game cancelled | GamesIndustry The Sea is Quiet | Studio Black Flag INVESTMENT INTERLUDE Notice to the Extraordinary General Meeting of Remedy Entertainment Plc | Remedy Future Trash raises $5M to build its IP within Fortnite’s platform | GamesBeat Absurd Ventures launches new studio with Ascendant Studios staff | GamesIndustry Playtika to acquire mobile game maker SuperPlay for up to $1.95B | GamesBeat Behaviour Interactive acquires Red Hook Studios | Behaviour Interactive Devolver launches Big Fan Games, a publishing label dedicated to movie, TV and comic book adaptations | GamesIndustry Red Dead Redemption Lead Designer and Writer Christian Cantamessa and Mario + Rabbids Creative Director Davide Soliani Launch Videogame Company Day 4 Night Studios | Day 4 Night…

Virtual Economy

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Episode 179: The $700 PS5 Pro Is An Act of Desperation (News Show) 1:35:00

לפני 24 weeks1:35:00

1:35:00

The PlayStation 5 Pro defies all logic, reaching deeper into diehards’ pockets in the worst economy we’ve seen in 15 years. We break down the challenging economics (while also admiring Mark Cerny’s ASMR-style presentation). Also: GameStop earnings tumble, more Microsoft layoffs, Unity reverses a terrible decision, and can AI companies just stop stealing our stuff? You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. TIME STAMPS [00:01:43] - A Quick Chat about PAX West [00:11:27] - The PS5 Pro Defies Logic [00:25:43] - Concord’s Short-Lived Life [00:35:41] - Take This is in Danger of Closing [00:39:54] - OpenAI and Microsoft are Scraping Game Dev Work [00:45:11] - Unity’s Road to Redemption [00:51:30] - Gamestop Q2 FY25 Earnings [00:56:40] - Investment Interlude [01:09:55] - Quick Hits [01:14:45] - Labor Report SOURCES Welcome PlayStation 5 Pro, the most visually impressive way to play games on PlayStation | PlayStation Blog An important update on Concord | PlayStation Blog Take This is in Danger of Closing Forever | Take This This was essentially a two-week long DDoS attack': Game UI Database slowdown caused by relentless OpenAI scraping | Game Developer A message to our community: Unity is canceling the Runtime Fee | Unity GameStop Discloses Second Quarter 2024 Results | GameStop Microsoft lays off 650 more Xbox employees | The Verge Tilting Point making layoffs that could impact 20 percent of global workforce | Game Developer Rocksteady hit by layoffs after Suicide Squad: Kill the Justice League underperforms | Eurogamer Helldivers 2 support studio Toadman Interactive to shut offices in Sweden and Norway | Games Industry Tencent, NetEase Rethink Japan Approach as Game Strategy Stalls | Bloomberg (Paywall) Lost Boys Interactive has Initiating Another Round of Layoffs | Lost Boys Interactive on LinkedIn Merge Games closes Chelford office and announces layoffs | Games Industry Until Dawn remake studio Ballistic Moon lays off staff ahead of the game's release in October | Eurogamer Incubator Dutch Game Garden shuts down in January 2025 | GamesBeat 3 months after firing Dr Disrespect, Deadrop developer Midnight Society confirms 'significant' layoffs | PC Gamer INVESTMENT INTERLUDE Remedy and Annapurna announce a strategic cooperation agreement on Control 2 | Remedy Annapurna Video-Game Team Resigns, Leaving Partners Scrambling | Bloomberg (Paywall) Hopoo Games (Risk of Rain) Developers Join Valve | Hopoo Games (@hopoogames) on Twitter Some Good News for Timbre Games | Joe Nickolls on LinkedIn Nexon to Establish MINTROCKET Corporation | Nexon Urgent Call for Strategic and Structural Changes at Ubisoft Entertainment | AJ Investments Embracer Group receives early payment for sale of Saber assets. | Embracer Group…

Virtual Economy

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Episode 178: EA Sports College Football Saves the Month (News Show) 1:35:49

לפני 27 weeks1:35:49

1:35:49

We had a hunch that EA Sports College Football was going to be big, and it seems to have single-handedly swung the U.S. video game spending report in a positive direction. Also: Lots of earnings, PS5 price hikes, some acquisitions, and more. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:01:46] - Circana Report on U.S. Video Game Spending for July 2024 [00:09:36] - Square Enix Q1 FY25 Earnings [00:16:53] - Nintendo Q1 FY25 Earnings [00:26:38] - Sony Q1 FY25 Earnings [00:36:43] - Remedy Q2 FY24 Earnings [00:44:59] - Sega Q1 FY25 Earnings [00:49:19] - Take-Two Q1 FY25 Earnings [00:57:16] - Embracer Group Q1 FY25 Earnings [01:02:14] - WB Eyes Games Division Sell-Off [01:11:39] - Investment Interlude [01:19:06] - Quick Hits [01:25:32] - Labor Report SOURCES Square Enix Financial Results Briefing Session | Square Enix Nintendo Consolidated Results for the Three Months Ended June 30, 2023 and 2024 | Nintendo Sony FY2024 Q1 Earnings Announcement | Sony Remedy Entertainment Plc: Half year financial report | Remedy Sega Q1 for the Fiscal Year Ending March 2025 Results Presentation | Sega Sammy Take-Two Interactive Software, Inc. Reports Results for Fiscal First Quarter 2025 | Take-Two Embracer Group publishes Interim Report Q1 | Embracer Group Report: WB Discovery looking to sell off games, other divisions to prevent total breakup | Game Developer Mobile dev Shipyard Games shuts down | Game Developer Meta shuts down Quest developer Ready at Dawn | Game Developer VR studio Archiact is closing down | GamesIndustry 5BY5 Interactive has Closed | Ty Buser on LinkedIn Ubisoft cuts 45 jobs across Cary and San Francisco teams | Game Developer Visual Concepts lays off staff at Lego 2K Drive South studio | Game Developer Payload Studios lays off 25% of staff | GamesIndustry INVESTMENT INTERLUDE KRAFTON Strengthens Global Presence Through Strategic Integration of Tango Gameworks and Hi-Fi RUSH IP | Krafton Virtuos expands into the UK with acquisition of Third Kind Games | Virtuous North Beach Games Opens Prague Studio; Announces Stranded Deep 2 | North Beach Games Publisher Headup Spins off Developer Goon Squad into Fully Independent Studio | Games Press Reforged Studios does a double acquisition, buys Ground Shatter and Extra Mile | Game Developer…

Virtual Economy

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Episode 177: The Last Good Reason for GameStop to Exist is Gone (News Show) 1:40:41

לפני 30 weeks1:40:41

1:40:41

Amidst new allegations of insider training, GameStop CEO Ryan Cohen has shuttered Game Informer magazine after 33 years. Also: Earnings time is here, more Bungie layoffs, Netherrealm layoffs, Circana report for June 2024, voice actors on strike, IGN parent Ziff Davis does Humble Games publishing and its partners dirty, and more. This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:01:47] - Circana Report on U.S. Video Game Spending for June 2024 [00:11:02] - Ubisoft Q1 FY2025 Earnings [00:17:17] - Paradox Q2 FY2024 Earnings [00:20:55] - Capcom Q1 FY2024 Earnings [00:27:44] - Microsoft Q4 FY2024 Earnings [00:39:18] - EA Q1 FY2025 Earnings [00:49:38] - Investment Interlude [00:53:03] - Quick Hits [01:00:32] - Labor Report SOURCES Ubisoft Q1 FY2025 Earnings | Ubisoft Interim report January – June 2024 | Paradox Consolidated financial results for the 1st Quarter of FY2024 | Capcom Earnings Release FY24 Q4 | Microsoft EA Earnings Release Q1 FY25 | EA Bethesda Game Studios employees form a ‘wall-to-wall’ union | TechCrunch World of Warcraft developers form Blizzard’s largest and most inclusive union | The Verge MORTAL KOMBAT DEVELOPER NETHERREALM STUDIOS HIT WITH MASS LAYOFFS | Insider Gaming Jam City lays off nearly 85 employees as industry fails to hit 'upward trend' | Game Developer Axis Studios goes into administration | Televisual Armor Games Studios has seemingly laid off its publishing team | GamesIndustry Probably Monsters lays off incubation team | Brandi House on LinkedIn Forte shuts down Rumble Entertainment, its second studio closure in two months | GamesIndustry The New Path for Bungie | Bungie Game Informer is Gone | Game Informer INVESTMENT INTERLUDE Warner Bros. Games Acquires Player First Games | Warner Bros. via BusinessWire Look North World raises $4.5m in overall funding | GamesIndustry…

Virtual Economy

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Episode 176: Microsoft Holds a Knife to the Golden Game Pass Goose’s Neck (News Show) 1:17:50

לפני 33 weeks1:17:50

1:17:50

Microsoft is making sweeping changes to Game Pass, seemingly to avoid bleeding out on Call of Duty sales. Also: Circana report for May 2024, SAG-AFTRA updates, more Embracer and Paradox cuts, out of control EA executive pay in the face of layoffs, and more. This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:01:13] - SAG-AFTRA Updates Independent Development Contracts [00:06:42] - Circana Report on U.S. Video Game Spending for May 2024 [00:13:33] - Microsoft Makes Big Changes to Game Pass [00:28:56] - Investment Interlude [00:44:06] - Quick Hits [00:47:48] - Labor Report SOURCES Life By You is Cancelled | Paradox Forums Paradox Interactive to close down Paradox Tectonic | Paradox Former Paradox Dev comments on Life by You Cancelation | Willem Delventhal on LinkedIn Cities Skylines 2 - Console Development Status | Paradox Forums Pieces Interactive has Been Shuttered by Embracer Group | Pieces Interactive Embracer-owned Gothic, Risen and ELEX developer Piranha Bytes closes | Eurogamer Former Piranha Bytes devs form Pithead Studio | GamesIndustry Galvanic Games is Closing Down | Galvanic Games (@GalvanicGames) on Twitter GOODBYE, HEROES OF ARMANTIA AND KOJI VILLAGERS | Challengers Games Gameloft Toronto staff laid off after studio 'substantially' reduces production activity | Game Developer Perfect World cuts staff in multi-unit layoffs, reportedly suspends game projects | Game Developer Network N lays off eight from games marketing agency Project N | GamesIndustry Gamurs Group reportedly lays off unknown number of staff | GamesIndustry EA execs earned $60 million in 2024 despite layoffs and office closures | Game Developer INVESTMENT INTERLUDE Capcom Makes Minimum Studios Co., Ltd. a Subsidiary Through Share Acquisition | Capcom Keywords Studios reaches £2.2bn acquisition agreement with Swedish investment company EQT | GamesIndustry Daybreak Games, Singularity 6 to Collaborate on Development of Palia | Daybreak Games Arc System Works opens European branch | Arc Systems Works EU (@ASW_Official_EU) on Twitter Dutch publisher Mystic Forge nets €2 million to help indies get to market | Game Developer Kwalee makes minority investment in Devolver Digital | GamesIndustry PULLUP Entertainment Announces its results for the 2023/24 financial year | Pullup Series Entertainment and Pixelberry | Pixelberry Stellar Blade developer Shift Up raises $320m in IPO | GamesIndustry…

Virtual Economy

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Bonus Episode 10: A Conversation About Unionization with IATSE 1:03:41

לפני 35 weeks1:03:41

1:03:41

With the video game industry in the midst of the worst labor crisis we've ever seen, collective action is crucial. We're joined by Chrissy Fellmeth, Kelly Larkin, and Andrew Buczacki to discuss how the International Alliance of Theatrical Stage Employees is supporting labor organization and unionization in the video game industry. Additionally, you can find a transcript of this interview here . For more on IATSE, you can visit their website , YouTube , and Twitch channels. Additionally, you can find more resources at GameWorkers.org and the GameWorkers.org LinkUp .…

Virtual Economy

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Episode 175: Summer Game Fest Gets Closer to E3 Vibes (News Show) 1:54:09

לפני 37 weeks1:54:09

1:54:09

E3 might be dead, but its spirit is clinging to life (even if just by sheer will of the industry and the JW Marriott lobby). We discuss the trends and big learnings from the showcases and a quick visit to SGF Play Days. Also: GameStop earnings, Circana report for April 2024, the latest labor report, and more. This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise ! TIME STAMPS [00:00:46] - Summer Game Fest Analysis [00:56:01] - Circana Report on U.S. Video Game Spending for April 2024 [01:01:38] - Gamestop Q1 FY24 Earnings [01:04:37] - Investment Interlude [01:07:00] - Quick Hits [01:26:45] - Labor Report SOURCES GameStop Q1 FY 2024 Earnings | GameStop Gameloft Romania cuts 136 jobs and closes Cluj studio | Game Developer Behaviour to lay off up to 95 employees | GamesIndustry Twitch terminates all members of its Safety Advisory Council | CNBC Sumo Group Update | Sumo Group Just Cause developer Avalanche closing two studios and laying off 50 workers | Game Developer WorldWalker Games Goes Into Hibernation | WorldWalker Games (@wildermyth) on Twitter Gone Fishin'! | League of Geeks INVESTMENT INTERLUDE Former Ubisoft Massive Studio Head Leads New Studio, Bespoke Pixel | Bespoke Pixel…

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