Episode 190: Nintendo’s Switch 2 Pricing Conundrum (News Show)
Release Date: 04/21/2025
Virtual Economy
We’re breaking up with Xbox. It’s not us, it’s you. More layoffs, closed (and practically closed) studios, shuffling of IP, and fawning executives that are trying to convince you that everything’s just ducky, when it’s really f… you get the point. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:39] - PAX West / PAX Rising Recap [00:17:07] - Xbox Continues its Catastrophic Downfall [00:33:54] - Investment Interlude [00:41:58] - Quick Hits [00:47:14] - Labor Report [00:58:13] - Indie Game of the Episode SOURCES INVESTMENT...
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We’ve been head-down doing developer things (more on that very soon)! That makes this quite the episode. Earnings! Circana! EA is now privately held! Microsoft is biffing it! Roblox is screwed! And much, much, much more! You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:03:36] - Circana Report on U.S. Video Game Spending for July 2026 [00:17:45] - Microsoft Q4 FY26 Earnings, Console Price Hikes [00:32:02] - Sony Q1 FY27 Earnings [00:39:25] - Nintendo Q1 FY27 Earnings [00:47:34] - Capcom Q1 FY27 Earnings [00:52:57] - Sega Q1 FY27 Earnings [00:59:00] -...
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Joining us on this episode is friend of the show Mat Piscatella, Executive Director and Video Game Industry Adviser at Circana. Our discussion includes the state of the industry, the component crisis and hardware costs, first party’s changing strategy to focus on the biggest spenders, and just what the heck is going on at Xbox and PlayStation. Despite the worrying state of affairs, we also discuss our hopes for the future. Games will always be an art form, and as long as people are playing, artists will continue to pour their hearts into their craft. You can support Virtual Economy’s...
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Since 2022, the industry has slid into chaos and disarray, with developers and players abandoned by platform holders and publishers. Now, we’ve reached a tipping point, and only we can rescue ourselves. We’ll discuss Microsoft’s self-inflicted destruction, Sony’s anti-preservation attacks, and the ESA’s assault on consumers. Also: Steam Machine pricing, Krafton cowed, Ubisoft makes a catastrophic leadership hire amidst layoffs, and Ryan Cohen’s toilet thoughts become part of government record. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS ...
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Between GameStop and Ryan Cohen’s clownery and new Xbox leadership’s 100-day death march, it’s another grim moment for the game industry. Former OpenAI head (now Xbox CEO) Asha Sharma laments the hardware crisis caused by… AI. We’re all trying to find the guy that did this, after all. Look… Sharma is no doubt a sin eater, but as she perches herself on the glass cliff, how many people will suffer? Also: Ubisoft attempts to embargo news of studio closures and layoffs, Destiny 2 rides into the sunset, and… it’s earnings time, so we get to talk about why profits don’t save jobs....
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Ryan Cohen was only offered store credit as trade-in value for his time as GameStop CEO, so he’s trying to buy eBay in one of the most foolish business moves we’ve ever seen. Also: Circana Report on U.S. Video Game Spending for March 2026, Microsoft, EA, Remedy, Earnings, the latest labor happenings, and Pearl Abyss dumps CCP for half of what it paid for it. Half Cash, Half Stock. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:41] - Circana Report on U.S. Video Game Spending for March [00:15:42] - Microsoft Q3 FY26 Earnings,, and ...
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With Epic laying off 1,000 people, the game industry job market has gone from “extremely chilly” to “nearing absolute zero.” Also: a recap of GDC’s challenged year, Circana Report on U.S spending for February 2026, some interesting new investments, NetEase divestments, and a heckin’ FAFO. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:00:50] - GDC 2026 Recap [00:25:51] - Circana Report on US Video Game Spending for February 2026 [00:35:02] - Nintendo Sues US Government Over Tariffs [00:36:55] - Pokemon Company v. US Government [00:38:24]...
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This was supposed to be a show just about earnings. All we wanted to do was cover the earnings… but Sony closed Bluepoint, Nintendo is releasing $20 Pokemon ROMs, and Microsoft appears to have ousted Phil Spencer and Sarah Bond. Every first party is stepping on rakes. Get your coffee… this is gonna be a thing. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:01] - Circana Report on US Video Game Spending for January 2026 [00:06:51] - Microsoft Earnings Report for Q2 FY2026 [00:16:39] - Sony Earnings Report for Q3 FY2026 [00:25:46] -...
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Ubisoft employees are prepared to strike over a recent return-to-office mandate and extreme cost-cutting. Also: Circana Report on U.S. Video Game Spending for December 2025 and full year 2025, That’s No Moon at odds with former founder, Amazon Games suffers another blow, and Ashes of Creation dev Intrepid implodes. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:01:04] - Circana Report on U.S. Video Game Spending for December 2025 and Full-Year 2025 [00:12:00] - That’s No Moon Co-Founder Causes $1M Problem [00:21:09] - Valve Faces Down Another...
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2026 is putting us through our paces right out of the gate. We’re hanging onto hope, but layoffs, consolidation, and private equity loom over us like a shadow. On this episode: an update on Paramount’s desperate fight for Warner Bros. Discovery, Saudi Arabia moves video game holdings, and VR’s challenges get much larger. You can support Virtual Economy’s growth via our and also purchase! TIME STAMPS [00:02:35] - A conversation about hardware prices [00:10:16] - Paramount sues Warner Bros for Netflix deal details [00:15:39] - Investment Interlude [00:24:13] - Quick Hits [00:28:07]...
info_outlineThe 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 Ko-Fi and also purchase Virtual Economy merchandise!
TIME STAMPS
- [00:02:53] - Nintendo Switch 2 and The Return of Paul Rudd, Gamer Dude
- [00:43:22] - Ubisoft Slices Off an Arm to Make a Tencent Deal
- [00:53:41] - Gamestop Q4 and Full Year Earnings
- [00:58:49] - Investment Interlude
- [01:01:36] - Quick Hits
- [01:14:37] - Labor Report
SOURCES
- Nintendo Switch 2 Launches June 5 at $449.99 | BusinessWire
- Ubisoft Accelerates its Transformation by Laying Foundation for New Operating Model | Ubisoft
- GameStop Reports Fourth Quarter and Fiscal Year 2024 Results | GameStop
INVESTMENT INTERLUDE
- Krafton acquires controlling stake in Indian gaming studio Nautilus Mobile for $14M | TechCrunch
- Say hi to the new Supercell Investments | Supercell
LABOR REPORT
- Cyan Worlds Lays off Half its Staff | Cyan Worlds on Twitter
- Plaion: Job cuts at Munich-based Embracer division (Update) | Games Wirtschaft
- Plaion Lays Off a Reported 40 People | Plaion
- Crystal Dynamics lays off 17 employees | GamesIndustry
- Major Layoffs at Eidos-Montreal | Eidos-Montreal on LinkedIn
- More Layoffs at Lost Boys Interactive? | Bryan Harmon on LinkedIn
- Atomhawk Design Announces Layoffs | Atomhawk Design on LinkedIn
- PlaySide Studios is Restructuring | PlaySide Studios on LinkedIn
- Supermoves Developer Makea Games is Shutting Down | Makea Games
- Brass Lion Has Conducted Layoffs | Brass Lion on LinkedIn
- ZeniMax union votes to authorize a strike | The Verge