Sony dug a giant hole and dumped all the Helldivers 2 goodwill into the pit (while cutting off 177 countries). Microsoft lit itself on fire and burned player sentiment to the ground. Good times. Also: Take-Two layoffs target a BAFTA winner, Unity has a new CEO with a massive compensation package, the Circana report for March, and earnings, earnings, earnings.
TIME STAMPS
- [00:03:56] – Unity’s New CEO
- [00:13:42] – Circana Report on U.S. Video Game Spending for March 2024
- [00:25:08] – Investment Interlude
- [00:33:51] – Quick Hits
- [00:40:46] – Labor Report
- [01:24:21] – Nintendo Q4 FY24 Earnings
- [01:26:54] – Remedy Q1 FY24 Earnings
- [01:29:51] – Capcom Q4 FY24 Earnings
- [01:35:38] – EA Q4 FY24 Earnings
- [01:42:44] – FAFO Awards (Razer, PlayStation)
SOURCES
- Unity Appoints Matthew Bromberg as New CEO | Business Wire
- Belka Games lays off 20% of workforce as it becomes “more critical” of future titles | PocketGamer
- Keoken Interactive Shuts Down (Temporarily, but fully) | Keoken Interactive on Facebook
- Paladin Studios is Shutting Down | Paladin Studios on LinkedIn
- Lightforge is Laying Off Staff and Pausing Development On Project O.R.C.S. | Matt Shembari on LinkedIn
- Prytania Media has Closed the Third of its Four Studios | Dawon Entertainment on LinkedIn
- Take-Two reportedly shuts down Roll7 and Intercept Games, Private Division suffers layoffs | GamesIndustry
- Microsoft Closes Redfall Developer Arkane Austin, HiFi Rush Developer Tango Gameworks, and More in Devastating Cuts at Bethesda | IGN
- Dinga Bakaba Shares Thoughts on Microsoft Studio Closures | Dinga Bakaba (@DBakaba) on Twitter
- Microsoft’s Xbox Is Planning More Cuts After Studio Closings | Bloomberg (Paywall)
- Inside Microsoft’s Xbox turmoil | The Verge
- Microsoft says it needs games like Hi-Fi Rush the day after killing its studio | The Verge
- Workers seek to alter the balance of power in Canadian video game industry | Polygon
- Razer, Inc. to Pay More Than $1.1 Million for Misrepresenting the Performance and Efficacy of Supposed “N95-Grade” Zephyr Face Masks | FTC
- CONSOLIDATED FINANCIAL HIGHLIGHTS | Nintendo
- Business Update – January-March 2024 | Remedy
- Consolidated Financial Results for the year ended March 31, 2024 | Capcom
- Electronic Arts Reports Q4 and FY24 Results | EA
INVESTMENT INTERLUDE