A drama-filled Friday saw the huge news of a major acquisition… followed by a debunking and walkback that we’ll be talking about for some time. Also: Sony jacks the price of PS5, Chinese giants make investments in Quantic Dream and FromSoftware, and a discussion on how M&A is impacting smaller publishers.
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TIME STAMPS
- [00:01:16] – PS5 Price Increase
- [00:07:43] – Investment Interlude
- [00:29:43] – Quick Hits
- [00:40:37] – Labor Report (GameStop, Rogue Games)
- [00:44:30] – Amazon, EA, and the importance of care when reporting on business
SOURCES
- PS5 price to increase in select markets due to global economic environment, including high inflation rates | Sony
- Warner Bros. gaming division is on a well-timed hot streak | Axios
- GameStop Increasing Store Staff Wages | Stephen Totilo (@StephenTotilo) on Twitter
- Rumor: Amazon set to buy Electronic Arts | USA Today
- CNBC Debunks Amazon / EA Acquisition Rumor | CNBC (@CNBCNow) on Twitter
INVESTMENT INTERLUDE
- EMBRACER GROUP COMPLETES ACQUISITION OF CRYSTAL DYNAMICS, EIDOS-MONTRÉAL, SQUARE ENIX MONTRÉAL AMONGST OTHER ASSETS | Embracer Group
- Saudi Arabia voices “no objection” to Microsoft’s Activision Blizzard acquisition | GameDeveloper
- Welcoming Savage Game Studios + Expanding Our Community | PlayStation Blog
- Notice Concerning Consolidated Subsidiary’s Capital Increase through Third-party Allotment of Shares | Kadokawa
- NetEase Acquires Leading French Game Developer & Publisher Quantic Dream | PR Newswire
- Bandai Namco: M&As are “affecting some of the smaller publishers in their capacity to access the best studios” | GamesIndustry