Episode 126: Square Enix’s Shocking Western Sell-Off (News Show)

Square Enix bids farewell to its western CEO and studios, but Embracer is ready to hug ‘em tight. Also: Sony makes the new PS+ even more confusing, Activision shareholders sign-off on acquisition, and more. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:00:52] - Microsoft Q3 FY22 Earnings [00:10:58] - Sony Makes Life Harder for Devs and PlayStation Plus Subscribers [00:31:08] - Investment Interlude, Including Square Enix / Embracer Discussion [01:10:04] - Quick Hits [01:10:54] - Labor Report SOURCES Microsoft Cloud Strength Fuels Third Quarter Results | Microsoft Timed game trials are now a requirement for some PlayStation developers | GameDeveloper Introducing the all-new PlayStation Plus | PlayStation BioWare Contractors Supporting On Games Like Mass Effect Seek To Unionize | Kotaku Dragon Age 4 QA Devs Say They're Unionizing Over Bad Pay And Covid Safety | Kotaku Former Blizzard Versailles employees win appeal over redundancies that led to studio closure | GamesIndustry INVESTMENT INTERLUDE Execution of Share Transfer Agreement with Change to Subsidiaries | Square Enix EMBRACER GROUP ENTERS INTO AN AGREEMENT TO ACQUIRE EIDOS, CRYSTAL DYNAMICS, AND SQUARE ENIX MONTRÉAL AMONGST OTHER ASSETS | Embracer Group Canada’s largest independent video game studio, Behaviour Interactive, opens first studio in Toronto | GamesPress Activision Blizzard shareholders weigh Microsoft, "dubious windfall" | Axios Activision Blizzard Stockholders Approve Proposed Microsoft Transaction | Activision Blizzard

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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.