We had a hunch that EA Sports College Football was going to be big, and it seems to have single-handedly swung the U.S. video game spending report in a positive direction. Also: Lots of earnings, PS5 price hikes, some acquisitions, and more.
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TIME STAMPS
- [00:01:46] – Circana Report on U.S. Video Game Spending for July 2024
- [00:09:36] – Square Enix Q1 FY25 Earnings
- [00:16:53] – Nintendo Q1 FY25 Earnings
- [00:26:38] – Sony Q1 FY25 Earnings
- [00:36:43] – Remedy Q2 FY24 Earnings
- [00:44:59] – Sega Q1 FY25 Earnings
- [00:49:19] – Take-Two Q1 FY25 Earnings
- [00:57:16] – Embracer Group Q1 FY25 Earnings
- [01:02:14] – WB Eyes Games Division Sell-Off
- [01:11:39] – Investment Interlude
- [01:19:06] – Quick Hits
- [01:25:32] – Labor Report
SOURCES
- Square Enix Financial Results Briefing Session | Square Enix
- Nintendo Consolidated Results for the Three Months Ended June 30, 2023 and 2024 | Nintendo
- Sony FY2024 Q1 Earnings Announcement | Sony
- Remedy Entertainment Plc: Half year financial report | Remedy
- Sega Q1 for the Fiscal Year Ending March 2025 Results Presentation | Sega Sammy
- Take-Two Interactive Software, Inc. Reports Results for Fiscal First Quarter 2025 | Take-Two
- Embracer Group publishes Interim Report Q1 | Embracer Group
- Report: WB Discovery looking to sell off games, other divisions to prevent total breakup | Game Developer
- Mobile dev Shipyard Games shuts down | Game Developer
- Meta shuts down Quest developer Ready at Dawn | Game Developer
- VR studio Archiact is closing down | GamesIndustry
- 5BY5 Interactive has Closed | Ty Buser on LinkedIn
- Ubisoft cuts 45 jobs across Cary and San Francisco teams | Game Developer
- Visual Concepts lays off staff at Lego 2K Drive South studio | Game Developer
- Payload Studios lays off 25% of staff | GamesIndustry
INVESTMENT INTERLUDE
- KRAFTON Strengthens Global Presence Through Strategic Integration of Tango Gameworks and Hi-Fi RUSH IP | Krafton
- Virtuos expands into the UK with acquisition of Third Kind Games | Virtuous
- North Beach Games Opens Prague Studio; Announces Stranded Deep 2 | North Beach Games
- Publisher Headup Spins off Developer Goon Squad into Fully Independent Studio | Games Press
- Reforged Studios does a double acquisition, buys Ground Shatter and Extra Mile | Game Developer