Episode 118: Bad Management Decisions Open a Can of Worms (News Show)

Team17’s decision to dabble in NFTs has empowered employees to talk about the company’s history of workplace problems. Also: Trouble at Intellivision, Microsoft gets ahead of regulation, and SPACs run into problems… You can watch the streamed VOD of this episode at Twitch.tv/VirtualEconomy and support our growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:01:20] - Intellivision in Trouble [00:27:34] - NPD for January 2022 [00:40:07] - Investment Interlude [00:50:42] - Quick Hits [01:08:22] - Labor Report (Microsoft, Activision, Team17, IGDA) [01:32:33] - Nintendo Direct Trends [01:44:13] - Microsoft is Trying to Get Ahead of Regulation Concerns [01:52:56] - FAFO Award SOURCES Intellivision CEO Tommy Tallarico Steps Down | IGN Intellivision asks fans for more money, reveals massive Amico debts | Ars Technica NPD Report on U.S. Video Game Spending for January 2022 | Mat Piscatella (@matpiscatella) on Twitter Microsoft announces new app store principles | CNBC ‘Scorched earth’ and big profits: How embattled gaming titan Bobby Kotick outlasts his opponents | Washington Post Inside Team17, following the Worms NFT firestorm | Eurogamer IGDA mishandled complaints of harassment, conduct violations | GamesIndustry Adapting ahead of regulation: a principled approach to app stores | Microsoft Bowser gets 3+ years in prison over Nintendo Switch hack scheme | Polygon Original Halo composers sue Microsoft over unpaid royalties dating back 20 years | Eurogamer INVESTMENT INTERLUDE SPACs Head for Metaverse After Results in Real World Flop | Bloomberg (Paywall) Hiro Metaverse SPAC plans London IPO, eyes UK video games industry | Reuters Hiro Metaverse Acquisitions raises £115m via IPO | GamesIndustry NVIDIA and SoftBank Group Announce Termination of NVIDIA’s Acquisition of Arm Limited | Nvidia

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The business of video games can be complicated. In each episode of Virtual Economy, hosts and analysts Amanda Farough and Michael Futter break down the biggest business news in the video game industry.