Episode 94: The State of California v Activision Blizzard (News Show)
Release Date: 07/24/2021
Virtual Economy
We’re joined by two special guests on this milestone episode. Please welcome Andy Pan (the only person who has previously co-hosted a show with us) and Greg Alderton, Virtual Economy’s lead moderator! With 14,000 people laid off, studios shuttered, and projects abandoned, Amazon seems ready to give up on most or all of its gaming dreams. Also: EA earnings ride off into the sunset, Capcom posts a strong quarter, Remedy’s in trouble, and Microsoft is inscrutable. Also: Sony responds to Tencent’s request to dismiss the Light of Moritram lawsuit, Circana report on U.S. video game spending...
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We’re joined by two special guests on this milestone episode. Please welcome Andy Pan (the only person who has previously co-hosted a show with us) and Greg Alderton, Virtual Economy’s lead moderator! With 14,000 people laid off, studios shuttered, and projects abandoned, Amazon seems ready to give up on most or all of its gaming dreams. Also: EA earnings ride off into the sunset, Capcom posts a strong quarter, Remedy’s in trouble, and Microsoft is inscrutable. Also: Sony responds to Tencent’s request to dismiss the Light of Moritram lawsuit, Circana report on U.S. video game spending...
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With prices skyrocketing this generation, Microsoft has increased costs on Game Pass’ top tier while cutting offerings on others. We discuss the broader implications as price-sensitive players get boxed out. Also: Unity security alert sends devs scrambling, Tencent fires back at Sony’s Horizon: Zero Dawn lawsuit, and private equity rears its head once more. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:40] - Game Pass Price Hike Hits Hard [00:29:53] - Unity Security Flaw Alert [00:32:53] - Tencent Hits back at Sony’s Horizon: Zero Dawn...
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EA is going private in a $55 Billion deal. Saudi Arabia’s Public Investment Fund, Jared Kushner’s Affinity Partners, and Silver Lake will own the company after the deal closes in Q1 FY27. We discuss what that means, explained how leveraged buyouts work, and share our concerns for the future of EA’s workforce and identity. You can support Virtual Economy’s growth via our and also purchase!
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PAX West 2025 felt like home for the first time since the COVID-19 lockdown ended. We recap our favorite games and tech from the show. You can support Virtual Economy’s growth via our and also purchase!
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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...
info_outlineActivision Blizzard has perpetuated a culture of sexual harassment and pay discrimination for years, according to a lawsuit filed by the State of California. The company can’t seem to decide how to handle the suit with Blizzard and Activision Publishing leadership expressing shock and remorse while GOP corporate hires blast the suit and the state for standing up for non-male employees.
Content Warning: Sexual Harassment, Suicide from 55:00 to 01:42:00
You can support Virtual Economy’s growth via our Ko-Fi at ko-fi.com/virtualeconomy
TIME STAMPS
- [00:01:45] - Tech Talk: A Quick Update on SWOLED and Gabe Gear
- [00:07:40] - SOC (Formerly CtW) Urges EA Shareholders to Vote “No” on Say-on-Pay
- [00:13:15] - Niko Partners Report on the Global Esports Market
- [00:22:57] - Investment Interlude
- [00:39:20] - Quick Hits
- [00:55:30] - Activision Blizzard’s Culture of Harassment, Toxicity, and Pay Inequality
- [01:42:13] - IGDA Issues Call to Action Regarding NFTs and Blockchain
- [01:45:03] - Ubisoft Q1 FY22 Earnings
SOURCES
- SOC (formerly CtW) asks EA shareholders to vote NO on Say-on-Pay
- California DFEH v Activision Blizzard
- Call to Action: Blockchain in Games
- UBISOFT REPORTS FIRST-QUARTER 2021-22 SALES
- French game workers union sues Ubisoft for 'institutional sexual harassment'
- Niko Partners: Asia is 54% of the $1B global esports market (GamesBeat)
INVESTMENT INTERLUDE
- Recommended Cash Acquisition of Sumo Group PLC
- Tencent Takes Majority Stake in Stunlock Studios
- Sketchfab is now part of Epic Games
- Unity Acquires Interactive Data Visualization, Inc. (IDV), Creators of SpeedTree® Environment Creation Suite
- Xsolla Launches Game Investment Platform
- Games Publisher Tilting Point Raises $235M to Fuel Expansions and Acquisitions (The Hollywood Reporter)
- Pipeline raises $2M to teach gamers how to stream for a living (GamesBeat)
- Scopely invests $50 million in European game studios Omnidrone, Pixel Toys, and Tag Games