Episode 72: The Last Temptation of “DeepF-ingValue” (News Show)
Release Date: 02/20/2021
Virtual Economy
Following the flagging performance of Destiny 2 and Marathon woes, Sony has jettisoned embattled Bungie studio head Pete Parsons. They’ve also announced significant hikes on PS5 prices. Also: Another Subnautica 2 lawsuit, a BioShock shakeup, and Frost Giant studio head Tim Morten leads with transparency and accountability. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:02:07] - PlayStation 5 Price Increases in the U.S. [00:05:25] - Unknown Worlds v Cleveland, McGuire, and Gill [00:14:33] - Circan Report on U.S. Video Game Spending for July 2025...
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Krafton’s response to the Unknown Worlds lawsuit hinges on one key element: the interpretation of the Equity Purchase Agreement. Also, lots of earnings, Roblox is under fire from the state of Louisiana, an update on the growing censorship of Steam and Itch.io, and more. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:00:48] - Correction: Thunderful Share Price at Time of Atari Purchase [00:02:35] - Sony Q1 FY25 Earnings [00:05:24] - Paradox Q2 FY25 Earnings [00:07:26] - Take-Two Q1 FY26 Earnings [00:08:54] - Remedy Q2 FY25 Earnings [00:11:25] -...
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INT. POSH HOTEL SUITE - DAY TENCENT: Hey, Sony. Can we make a Horizon game? SONY: Nah. We good. TENCENT: Oh okay. Bummer. <ONE YEAR LATER> SONY: WHAT THE F—- <fin> So yeah… Sony is suing Tencent for what it calls a “slavish clone” of Horizon: Zero Dawn. Bold move! Also: EA, Microsoft, Capcom earnings, an update on the Mastercard/Visa censorship of legal game content, and more. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:00:30] - Some News From Us! [00:05:21] - An Update on the Conservative Assault on Steam and ...
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In 2021, Krafton splashed huge cash on Subnautica dev Unknown Worlds. Now, the publisher may find out that buyer’s remorse isn’t a reason for violating a contract. Also… Ubisoft Earnings Circana Reports for May and June 2025 Sony takes a bite out of Bandai Namco On this episode, we discussed a serious attack on artist freedom being perpetrated by payment processors Mastercard and Visa. This attack is motivated by an Australian Christofacist group called Collective Shout that, among other things, does not believe adults should have bodily autonomy. If you would like your voice...
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Following strong financial performance in its gaming division, Microsoft is taking a machete to its work force and its future as a serious competitor. Is this the brand’s Red Ring of Death? Also, Bungie runs from Marathon, Warner Bros. goes all-in on safe IP, and the labor report hurts even more than usual. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:03:59] - Sony Games & Network Services Update [00:16:09] - Marathon Delayed Indefinitely [00:27:51] - Sony Brings Four Games Back to 177 Countries [00:30:18] - Cleer Arc 3 Gaming Review...
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With our Switch 2 in-hand, we’re ready to give you our early feelings about the console in this challenging market. Also: SO many earnings. Like… SO many. Nintendo, Sony, EA, Take-Two, Remedy, Embracer Group, Paradox, Square Enix, Capcom, and Sega. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:05:02] - Switch 2 Impressions [00:41:28] - Nintendo FY25 Earnings [00:47:16] - Sony FY24-25 Earnings [00:51:17] - EA Q4 and FY25 Earnings [00:56:43] - Take-Two Q4 and FY25 Earnings [01:04:24] - Remedy Q1 FY25 Earnings [01:07:57] - Embracer Group Q4 and...
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PAX East isn’t the show it was 10 years ago. With most AAA developers staying away, indies take center stage. Also: Circana report for April 2025, GameStop sells off its Canadian holdings, Curve Games has a new owner, the SAG-AFTRA voice performer strike enters the endgame, and much more. We’ve also got a pair of great listener questions! You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:03:10] - Circana Report on U.S. Video Game Spending for April 2025 [00:17:36] - PAX East Recap [00:52:48] - Investment Interlude [01:09:12] - Quick Hits [01:17:15]...
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Microsoft is jacking prices on hardware, software, and peripherals. With costs going up while interest in Microsoft’s offerings declining, we have to wonder if Microsoft is applying pressure to push Game Pass. Also: Circana report on U.S. Video Game Spending for March 2025, Apple scores an own-goal and pisses off the Court, the tabletop industry is in freefall, and EA lays off another 300 to 400 people. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:1:31] - GTA 6 Delay [00:12:06] - Circana for March 2025 [00:17:43] - Devolver Digital Investor...
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The original Nintendo Switch launched at $300 USD. The Switch 2 price was absent from the huge Nintendo Direct, only to be quietly revealed at $450. As for game prices, Mario Kart World is a whopping $80. Costs are on the rise, and the latest tariffs have spiked the price of accessories. So… where do we go from here? Also… Ubisoft slices off its most profitable franchises, lots of layoffs, and a huge game publisher strike. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:02:53] - Nintendo Switch 2 and The Return of Paul Rudd, Gamer Dude [00:43:22]...
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Warner Bros. continues to chip away at its infrastructure and consumer confidence with the closure of three more studios. Also: Circana reports for Jan and Feb, a recap of GDC and developers’ feelings about the industry, a curious period for investments, a new union looks to cover the entire industry, and more. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:03:00] - Circana Report on U.S. Video Game Spending for January 2025 [00:11:59] - Circana Report on U.S. Video Game Spending for February 2025 [00:21:39] - GDC 2025 Recap [00:54:29] -...
info_outlineKeith Gill, better known as WallStreetBets’ “DeepF*ingValue” and “RoaringKitty”, testified before congress and has been sued by angry GameStonk investors. We also discuss Phil Harrison’s failed leadership and purposely misleading Stadia developers, Microsoft’s enhanced accessibility offerings, Starbreeze’s turnaround, and Apple trying to rope Valve into its defense.
TIME STAMPS
- [00:00:35] - PS5 DualSense Class Action Suit
- [00:02:35] - GDC is going completely online in 2021
- [00:08:15] - Keith “DeepF*ingValue” Gill sued for his role in the GameStonk event
- [00:30:32] - Microsoft stories (Accessibility, Cloud Gaming, and FPS Boost)
- [00:34:28] - Starbreeze completes its financial and organizational reconstruction
- [00:43:22] - Quick Hits
- [01:07:22] - Bungie expands and announces work on a new IP
- [01:13:15] - Update on Epic lawsuit and news about Fortnite’s Short Nite film event
- [01:17:50] - Remedy’s very good earnings report
- [01:19:36] - Nintendo Direct takeaways
- [01:29:56] - Phil Harrison gaslit Stadia developers
SOURCES
- Law firm files PS5 DualSense drift class action against Sony (Eurogamer): https://www.eurogamer.net/articles/2021-02-13-law-firm-files-ps5-dualsense-drift-class-action-against-sony
- A New Approach To 2021 With A Family Of GDC Events And More!: https://gdconf.com/news/new-approach-2021-family-gdc-events-and-more
- ‘Roaring Kitty’ Reddit investor sued over role in GameStop stock surge (Polygon): https://www.polygon.com/2021/2/17/22287804/gamestop-stock-price-lawsuit-roaring-kitty-reddit-robinhood
- Making Backward Compatible Games Even Better with FPS Boost: https://news.xbox.com/en-us/2021/02/17/making-backward-compatible-games-even-better-with-fps-boost/
- Microsoft starts testing Xbox cloud gaming on the web (Engadget): https://www.engadget.com/microsoft-cloud-gaming-test-on-web-154258542.html
- Microsoft will test Xbox and PC games to help make them more accessible: https://news.xbox.com/en-us/2021/02/16/xbox-accessibility-guidelines-and-testing/
- STARBREEZE AB (PUBL) INTERIM REPORT Q4 2020: https://www.starbreeze.com/2021/02/starbreeze-ab-publ-interim-report-q4-2020/ | https://www.starbreeze.com/sbz-media/2021/02/Starbreeze-Interim-Report-Q4-2020.pdf
- IGDA Foundation Diverse Game Developers Fund Applications: https://igdafoundation.org/diverse-game-developers-fund/
- Bungie Prepares for Future Growth in 2021 with Studio Expansion, Key Talent Investments, and New Board Members: https://www.businesswire.com/news/home/20210218005230/en/Bungie-Prepares-for-Future-Growth-in-2021-with-Studio-Expansion-Key-Talent-Investments-and-New-Board-Members
- Epic Game Files EU Antitrust Complaint Against Apple: https://www.epicgames.com/site/en-US/news/epic-games-files-eu-antitrust-complaint-against-apple
- Apple subpoenas Valve as part of its legal battle with Epic: Valve fights back (PC Gamer): https://www.pcgamer.com/apple-subpoenas-valve-as-part-of-its-legal-battle-with-epic-valve-fights-back/
- Big Tech’s Unlikely Next Battleground: North Dakota (New York Times): https://www.nytimes.com/2021/02/14/technology/north-dakota-tech-apps.html
- Fortnite Debuts “Short Nite” Film Festival in Party Royale: https://www.epicgames.com/site/en-US/news/fortnite-debuts-short-nite-film-festival-in-party-royale
- Remedy Full Year 2020 Financial Statements: https://investors.remedygames.com/app/uploads/2021/02/financial-statements-release-1.1.31.12.2020.pdf
- Stadia Leadership Praised Development Studios For 'Great Progress' Just One Week Before Laying Them All Off (Kotaku): https://kotaku.com/stadia-leadership-praised-development-studios-for-great-1846281384