We’re in the thick of earnings season, and it’s hard to swallow positive financial news amid an avalanche of heartbreak labor stories. On this week’s show: Sony EA, Nintendo, Take-Two, Remedy, Sega, and Square Enix earnings.

We’re in the thick of earnings season, and it’s hard to swallow positive financial news amid an avalanche of heartbreak labor stories. On this week’s show: Sony EA, Nintendo, Take-Two, Remedy, Sega, and Square Enix earnings.

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TIME STAMPS

• [00:02:35] – Sony Earnings for Q2 FY2023
• [00:08:50] – EA Earnings for Q2 FY2024
• [00:17:00] – Nintendo Earnings for Q2 FY2024
• [00:27:08] – Take-Two Earnings for Q2 FY2024
• [00:29:00] – Remedy Earnings for Q3 FY2023
• [00:31:02] – Sega Earnings for Q2 FY2024
• [00:34:32] – Square Enix Earnings for Q2 FY2024
• [00:39:25] – Remedy Update on Project Vanguard
• [00:42:57] – Investment Interlude
• [00:56:14] – Quick Hits
• [00:59:21] – Labor Report
• [01:14:05] – Listener Questions

SOURCES

• Q2 FY2023 Consolidated Financial Results | Sony
• Electronic Arts Reports Strong Q2 FY24 | EA
• Consolidated Results for the Six Months Ended September 30, 2023 | Nintendo
• IR Presentation for Fiscal Year Ending March 2024 | Nintendo
• Take-Two Q2 FY24 Earnings | Take-Two
• REMEDY ENTERTAINMENT PLC: Q3 2023 | Remedy
• Remedy Entertainment plans to reboot codename Vanguard to a premium game with a strong cooperative multiplayer component  | Remedy
• Q2 for the Fiscal Year Ending March 2024 | Sega
• Results Briefing Session for the Six-Month Period Ended September 30, 2023 | Square Enix
• Sony’s Bungie Game Unit Cut 8% of Staff After ‘Destiny’ Play Wilted | Bloomberg (Paywall)
• Embracer’s implosion continues as Star Trek Online developer Cryptic Studios lays off employees | PC Gamer
• Motorsport Games to lay off up to 38 employees | GamesIndustry
• 100 Thieves to cut 20% of its workforce | GamesIndustry
• The layoffs continue: Ubisoft cuts 124 jobs worldwide, including nearly 100 in Canada | PC Gamer
• Worker co-op dev The Glory Society has shut down | Game Developer
• Unity is probably going to do layoffs | The Verge
• Wayfinder, Warframe publisher Digital Extremes cuts workers, divests from Wayfinder | Polygon
• Samurai Punk is ceasing development | Twitter
• Samurai Punk staff | Twitter
• Amazon Lays Off 180 Employees In Its Games Division | Aftermath

INVESTMENT INTERLUDE

• Global Gaming Report Q3 2023 | Drake Star
• Atari enters into an agreement to acquire Digital Eclipse | Atari
• System Era Acquired by Devolver | System Era
• Midwest Games secures $3m in funding | GamesIndustry
• Neowiz invests in Blank Game Studios | GamesIndustry