Lawsuits are good for two things: making lawyers rich and learning about the super secretive game industry. We break down all of the interesting learnings from the court case. Also, Sony is facing a class action lawsuit over its digital game code...
The conversation around loot boxes is heating up again, with EA at the center. Also: Explaining the TriplePoint Video Game Stock Index, Sony and Microsoft earnings, and the GDC State of the Industry report. You can support Virtual Economy’s...
Explaining the TriplePoint Video Game Stock Index
- April 28, 2021
- Tagged as: Finance, S&P, Stocks, TriplePoint PR
This week, TriplePoint PR announced a partnership with S&P Dow Jones to launch a video game industry stock index (INDEXCME: GAMER). With GameStonk™ shining a light on the financial side of the industry, the TriplePoint...
CDProjekt shipped a broken Cyberpunk 2077, hoping that consumers would just… take it. Now, investors are upset and consumer sentiment is in the toilet. The financial impact? Not as bad as it could have been. Also: a flurry of Microsoft...
CDProjekt’s Cyberpunk 2077 Failure Cost More Than Just Money
- April 23, 2021
- Tagged as: CDProjekt, Cyberpunk 2077, Earnings
CDProjekt bet that most consumers wouldn’t go through the effort of refunding the broken and disappointing Cyberpunk 2077. They were right. In the company’s recently released financial report for fiscal year 2020, the company touts...
Apple wants the court to believe Epic is hemorrhaging money, but cherry-picked legal filings don’t tell the whole story. Also: NPD report for March 2021, Activision at War with Warzone.com, the latest stats for all the major streaming platforms,...
Epic’s Game Store ‘Losses’ Don’t Tell the Whole Story
- April 13, 2021
- Tagged as: Apple, EGS, Epic Games, Legal
What is the difference between “losing money” and “investing?” That’s one question the courts will be examining when Epic’s antitrust suit against Apple goes to trial next month. And it’s one that has captivated the...
Discord and Twitch are both grappling with the responsibility to keep their platforms safe after usership jumped during the pandemic. Also: 505 Games earnings (and Death Stranding’s strong PC performance), E3’s thin roster, and Nexus.gg’s...
CD Projekt’s Pretty Words are Nothing Without Meaningful Culture Change
- April 6, 2021
- Tagged as: AAA, CDPR, CDProjekt, Cyberpunk 2077, Development, The Witcher
CDProjekt Red, despite its parent-company’s status as a public traded corporation, has often been lauded by fans as the scrappy little studio that could. The studio behind the celebrated Witcher franchise has crafted beloved experiences...
Microsoft made waves with a big Game Pass announcement that has rankled some consumers. Also: Sony’s storefront closures, Activision’s right-wing hires, CD Projekt changes course, E3’s failed attempt to get member publishers to agree to...