Excellent reporting from the Wall Street Journal and others have further exposed Activision’s c-suite crisis, as Microsoft and Sony call Bobby Kotick to account. Also: Embracer Group, Paradox, and Thunderful earnings and a FAFO award!
Note: This was our first live-streamed episode! We’ll be streaming the show weekly on our Twitch channel (Twitch.tv/VirtualEconomy)
Content Warning from 51:01 through 01:19:39: During the Activision update, we discuss new reporting that deals with sexual assault.
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TIME STAMPS
- [00:02:47] – Embracer Group Q2 2021 Earnings
- [00:10:44] – Paradox Earnings for Q3 2021
- [00:18:55] – Thunderful Group earnings for Q3 2021
- [00:21:36] – Investment Interlude
- [00:34:21] – Quick Hits
- [00:51:01] – Activision Update
- [01:19:39] – FAFO Award
SOURCES
- EMBRACER GROUP PUBLISHES INTERIM REPORT Q2 2021
- Paradox Interim report January – September 2021
- Thunderful Group Interim Report January – September 2021
- Activision CEO Bobby Kotick Knew for Years About Sexual-Misconduct Allegations at Videogame Giant | WSJ (Paywall)
- Activision Blizzard Board of Directors Issues Statement Regarding Recent Article
- Former Blizzard Co-Lead Jen Oneal Says She Was Offered Equal Contract Only After Resigning | IGN
- Shareholders call on Activision Blizzard Board to terminate CEO, replace Board Chair and Lead Independent Director
- PlayStation Chief Criticizes Activision’s Response to Crisis | Bloomberg (Paywall)
- Xbox Chief Says He’s Evaluating Relationship With Activision | Bloomberg (Paywall)
- Activision Blizzard doubles down on Kotick defense in all-hands meeting | Game Developer
- An Update On Girls Who Code’s Partnership with Activision Blizzard
INVESTMENT INTERLUDE
- Thunderful Acquires Mobile Developer Early Morning Studio
- Private Division Acquires Developer Roll7
- IndieBI raises $3M USD from games industry luminaries to bring modern business intelligence and sales optimization to PC, Console, and VR games
- In-game creation platform Overwolf raises $75M Series D led by Andreessen Horowitz | TechCrunch
- DreamCraft Closes $10 Million Series A Funding Led by March Gaming