Multiple reports put Discord in talks with Microsoft and others. We also review GameStop’s earnings, Sony’s stunning silence on a report that it’s closing three digital storefronts, Majesco’s return to retail, and more.
TIME STAMPS
- [00:02:18] – Sony is reportedly set to shutdown PS3, PSP, and Vita digital storefronts
- [00:09:23] – Sony staffing reorganization
- [00:11:52] – M&A Minute(s)
- [00:20:04] – Quick Hits
- [00:33:26] – Majesco returns to retail
- [00:37:13] – Razer earnings
- [00:42:46] – GameStop Earnings
- [00:59:13] – Discord is reportedly looking for a buyer (and may have found one)
NEW WRITING FROM VIRTUAL ECONOMY
- Discord Wants to Tie the $10 Billion Knot, But Which Suitor is Best? – Mike
- Beyond Tom Nook: Reflecting on Animal Crossing One Year Later – Manda
SOURCES
- Report: PS3, Vita, And PSP Stores To Be Permanently Closed In A Few Months (TheGamer)
- Sony Interactive Entertainment Announces New Engineering and Finance Leadership (SIE Blog)
- Discord exploring sale that could be worth more than $10 billion (GamesBeat)
- Razer FY 2020 Investor Presentation
- GameStop Reports Fourth Quarter and Fiscal 2020 Results
- Microsoft in Talks to Buy Discord for More Than $10 Billion (Bloomberg – Paywall)
- Microsoft Is in Exclusive Talks to Acquire Discord (WSJ)
M&A Minute
- ByteDance acquires gaming studio Moonton at around $4 billion valuation: sources (Reuters)
- 2K and Visual Concepts Acquire HookBang Game Division
- MTG acquires leading tower defense gaming studio and publisher Ninja Kiwi, the maker of Bloons
- Amazon Games Opens Development Studio in Montreal (Amazon Games)
- STUDIO’S ROOTS AND ACTIVITIES (Ashborne Games)
- Mobile monetization firm IronSource will go public through SPAC at $11.1 billion valuation (GamesBeat)
- Social gaming platform Rec Room raises $100M at $1.25B valuation (GamesBeat)
- HiDef raises $9m for metaverse project (GamesIndustry)
- Frost Giant Studios raises $5 million (GamesIndustry)