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Episode 164: The Game Awards Needs to Change (Season Finale)

Virtual Economy

Release Date: 12/27/2023

Episode 173: Sony Didn’t Manage Democracy, Xbox Self-Immolates (News Show) show art Episode 173: Sony Didn’t Manage Democracy, Xbox Self-Immolates (News Show)

Virtual Economy

Sony dug a giant hole and dumped all the Helldivers 2 goodwill into the pit (while cutting off 177 countries). Microsoft lit itself on fire and burned player sentiment to the ground. Good times. Also: Take-Two layoffs target a BAFTA winner, Unity has a new CEO with a massive compensation package, the Circana report for March, and earnings, earnings, earnings. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:03:56] - Unity’s New CEO  [00:13:42] - Circana Report on U.S. Video Game Spending for March 2024 [00:25:08] - Investment Interlude...

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Episode 172: Embracer Group Crumbles… And Friends (News Show) show art Episode 172: Embracer Group Crumbles… And Friends (News Show)

Virtual Economy

The Embracer Group name is going away, splitting its mega-conglomerate into three in an attempt to move on from its destructive legacy. But with Lars Wingefors sticking around to lead the holding company, our expectations are tempered. Also: Meta loses billions more as it tries to become the Windows of MR and earnings season is here! You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:54] - Embracer Group Splits Into Three Pieces [00:32:32] - Meta MR Losses Mount [00:42:03] - Paradox Q1 FY24 Earnings [00:44:16] - Microsoft Q3 FY24 Earnings [00:49:10]...

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Episode 171: Why Layoffs? Because Everyone Else is Doing It! (News Show) show art Episode 171: Why Layoffs? Because Everyone Else is Doing It! (News Show)

Virtual Economy

Two months after Take-Two said it wasn’t planning layoffs it has… well… by now you know. Also, we’re trying something new and fun with this episode. Join us for a lively discussion about keeping the industry healthy and a deep dive into what the heck differentiates III from AA! You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:45] - Discussion Time! (How to build a healthier industry and just what does “indie” mean these days?” [00:23:49] - Investment Interlude [00:34:19] - Quick Hits [00:41:01] - Labor Report SOURCES ...

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Episode 170: Embracer Group Fire Sale Burns Labor (News Show) show art Episode 170: Embracer Group Fire Sale Burns Labor (News Show)

Virtual Economy

We’ve come full circle. Embracer Group just took a massive loss to get some much-needed cash in hopes of filling a seemingly bottomless hole of debt. Saber is gone. Zen is gone. 4A is gone. Gearbox is gone. Also, SAG-AFTRA may strike against video game companies, some new studios are popping up, but many others are still laying off and closing. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:00:30] - GDC and PAX East Recap [00:11:27] - Gaming Safety Coalition [00:14:53] - Circana Report on U.S. Video Game Spending for February 2024 [00:29:57] -...

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Episode 169: The AAA Video Game Industry is in Freefall (News Show) show art Episode 169: The AAA Video Game Industry is in Freefall (News Show)

Virtual Economy

Triple-A game development as we know it is unsustainable. It doesn't matter if a game succeeds or fails, the corporate machine is grinding developers up and spitting them out by the thousands. Things need to change.  You can support Virtual Economy’s growth via our and also purchase ! TIME STAMPS [00:01:29] - Circana Report on U.S. Video Game Spending for January 2024 [00:07:04] - Investment Interlude [00:18:43] - Quick Hits [00:21:25] - Labor Report [00:43:33] - FAFO! SOURCES INVESTMENT INTERLUDE

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Episode 168: Switch 2 Switcharoo Could Thwart 2024 Recovery Hopes (News Show) show art Episode 168: Switch 2 Switcharoo Could Thwart 2024 Recovery Hopes (News Show)

Virtual Economy

The console market is going through major changes as hardware prices stay high and first party needs to pivot audience strategy. Nintendo may be struggling to find a break-even for its Switch successor, prompting a later release than we anticipated. Also: Embracer Group woes continue, Hasbro loses a ton. This is 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 order of Magic Mind at  using the code VirtualEconomy20.  You can support Virtual Economy’s...

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Episode 167: Did Microsoft Trigger the FTC’s Trap Card? (News Show) show art Episode 167: Did Microsoft Trigger the FTC’s Trap Card? (News Show)

Virtual Economy

Microsoft’s layoffs have sent the FTC into a tizzy, adding fuel to the ongoing fire. Also: It’s earnings season, with EA, Microsoft, Capcom, Nintendo, Square Enix, Paradox, Take-Two, Sega, and Meta reporting. We also cover the latest in the layoff storm that continues to drown the industry and Disney’s $1.5B investment in Epic. This is 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 order of Magic Mind at  using the code VirtualEconomy20.  You can...

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Episode 166: We Were Wrong About Microsoft and Activision (News Show) show art Episode 166: We Were Wrong About Microsoft and Activision (News Show)

Virtual Economy

In the wake of 2020’s bombshell revelations about Activision’s miserable culture and history of defending sexual abusers, we hoped that Microsoft would be a better steward for the company’s 13,000 employees. With 1,900 laid off post-acquisition, we are disappointed and saddened at how wrong we were. This is 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 order of Magic Mind at  using the code VirtualEconomy20.  You can support Virtual Economy’s...

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Episode 165: So… 2024, Huh? (News Show) show art Episode 165: So… 2024, Huh? (News Show)

Virtual Economy

It’s been less than one month, and the industry has already suffered more than 3,500 lost jobs. Also: The Circana report for December 2023 and the full year, a few investments, and a discussion about some challenging changes to the U.S. tax code. Oh, and a bit about that weird Palworld game. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:11:08] - Circana report on U.S. Video Game Spending for December and Full Year 2023 [00:27:19] - Investment Interlude [00:34:06] - Quick Hits [01:00:58] - Labor Report SOURCES INVESTMENT...

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Episode 164: The Game Awards Needs to Change (Season Finale) show art Episode 164: The Game Awards Needs to Change (Season Finale)

Virtual Economy

It’s been a hard year, folks. As we say goodbye to 2023 and turn our attention to a (hopefully) brighter 2024, we’re recapping recent gaming events, November’s Circana report, and more. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:02:17] - Circana Report on U.S. Video Game Spending for November 2023 [00:09:11] - GameStop Earnings for Q3 2023 [00:13:28] - What’s Going on in China? [00:19:37] - Twitch: Closing Up Shop in S. Korea, Sexual Content Policy [00:25:10] - Investment Interlude [00:25:59] - Quick Hits [00:27:26] - Labor Report...

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More Episodes

It’s been a hard year, folks. As we say goodbye to 2023 and turn our attention to a (hopefully) brighter 2024, we’re recapping recent gaming events, November’s Circana report, and more.

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

  • [00:02:17] - Circana Report on U.S. Video Game Spending for November 2023
  • [00:09:11] - GameStop Earnings for Q3 2023
  • [00:13:28] - What’s Going on in China?
  • [00:19:37] - Twitch: Closing Up Shop in S. Korea, Sexual Content Policy
  • [00:25:10] - Investment Interlude
  • [00:25:59] - Quick Hits
  • [00:27:26] - Labor Report
  • [00:35:45] - Our Feelings on Coverage of the Insomniac Hack (Discussion)
  • [00:45:59] - PAX Unplugged (Discussion)
  • [00:54:47] - The Game Awards (Discussion)
  • [01:02:42] - Our Favorite Games This Year
  • [01:13:48] - Listener Questions

SOURCES

INVESTMENT INTERLUDE