We’ve come full circle. Embracer Group just took a massive loss to get some much-needed cash in hopes of filling a seemingly bottomless hole of debt. Saber is gone. Zen is gone. 4A is gone. Gearbox is gone. Also, SAG-AFTRA may strike against video game companies, some new studios are popping up, but many others are still laying off and closing.
It’s been a hard year, folks. As we say goodbye to 2023 and turn our attention to a (hopefully) brighter 2024, we’re recapping recent gaming events, November’s Circana report, and more. You can support Virtual…
The industry’s labor situation is reaching a boiling point, as Epic Games sacrifices employees on the altar of its fight against Apple and Google. Also: Unity has burnt its goodwill to the ground, voice actors…
Unity couldn’t have made a bigger mess of its reputation in the game development community. Also: Microsoft’s big leak, GameStop earnings, Circana report for August, SAG-AFTRA fires a shot at video game publishers, and more.
On the eve of its earnings announcement, Embracer Group saw a nearly-signed $2B deal fall apart. We discuss the potential impact. Also: GameStop back in crisis, a huge number of layoffs, and the strange tale of Disco Elysium continues.
The new ReedPop-run E3 died before it could live… or was it… MURDERED?! (Spoiler: It was murdered.) Also: GameStop leans on cost cutting to finally turn a modest profit, Microsoft is one step closer to…
GameStop has more than a little red on it, with losses continuing to mount on a crypto deal gone bust. Also: Microsoft makes nice with Nintendo (again) to pressure Sony, layoff continue to plague the industry, Zenimax QA workers on the path to unionization, and a fresh FAFO. Oh… and we have a tiny, little announcement.
Ubisoft leadership has all but given up on fixing the company’s culture as Tencent increases its ownership stake. Also: NPD for August 2022, GameStop bleeds, Square Enix reconsiders how it approaches studio ownership, 343 loses its leader, and Microsoft and Sony continue to butt heads in the UK over Activision acquisition.
Call of Duty is in a slump, and Activision is waiting out the clock until the acquisition having reportedly canceled a long in-development mobile World of Warcraft game. Also: Earnings, GameStop’s terrible NFT marketplace, Square Enix’s bananas comments about its former Western teams, and more.
GameStop and Unity are making ugly moves, drawing the ire of consumers and developers. Also: E3 returns as the ESA gives up on being an event organizer, a surprisingly meaty list of new investments, NPD for June 2022, another Activision studio moves to unionize, and a double FAFO!