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.
Embracer Group’s latest spending spree nets them one of the world’s most recognizable IPs (and much more). Also: Unity slumps amid hostile takeover, Take-Two posts losses on Zynga acquisition, Nintendo is in the hot seat again, Activision commits to the union-busting bit, and NPD for July 2022 as spending continues its slide back to pre-pandemic levels.
The Video Game Industry Celebrated Pride with a Bear Market (News Show): The pandemic boon is quickly becoming a memory as inflation, rising prices, and a thin release slate put pressure on developers and publishers. Also: Activision workers list demands for workplace safety, the Communications Workers of America back Microsoft’s Activision acquisition, and Québec may be set to quash its local game scene.
There’s a right way to respond to a civil liberties crisis. PlayStation boss Jim Ryan went a different way. Also: NPD for April 2022, Raven workers vote to unionize as Activision Blizzard draws the NLRB’s ire, Sony discrimination lawsuit is back in play, developers revive anticompetition suit against Valve, Saudi Arabia takes a bite of Nintendo, and more.