Episode 148: Dungeons & Dragons, New Coke, and Other Terrible Mistakes (News Show)

Wizards of the Coast squandered goodwill to find itself right back where it started. Also: Earnings season has begun, the GDC State of the Industry report shows developers put the smackdown on Web3, NPD for December shows a bit of lift, and (as we grimly expected) we’re in the layoff bad times. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:01:17] - Learnings for the GDC State of the Industry Report [00:26:42] - Wizards of the Coast Fizzles OGL Update [00:30:05] - Microsoft Q2 FY23 Earnings [00:41:33] - Investment Interlude [00:45:38] - Quick Hits [00:52:36] - Labor Report [00:57:05] - NPD for December 2022 SOURCES Earnings Release FY23 Q2 | Microsoft Microsoft Corporation Form 8-K | United States SEC Xbox's Phil Spencer Says Microsoft's 10K Layoffs 'Hurts' In Email To Staff | Kotaku A Working Conversation About the Open Game License (OGL) | D&D Beyond OGL 1.0a & Creative Commons | D&D Beyond Unity lays off almost 300 staff | Eurogamer Riot Games to lay off nearly 50 staff as part of "strategic shifts" | Game Developer Hasbro lays off 15% of staff to cut costs | Eurogamer Ex-Sega developer highlights lack of credit for translators | Eurogamer Workers at World of Warcraft studio Proletariat withdraw union petition | Polygon INVESTMENT INTERLUDE Microsoft faces EU antitrust warning over Activision deal - sources | Reuters Playtika tries to buy Rovio | GamesIndustry SKYBOUND ENTERTAINMENT MAKES SUBSTANTIAL INVESTMENT IN MEGA CAT STUDIOS | Skybound

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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.