Episode 151: E3 Can’t Claw Itself Out of the Grave (News Show)
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 closing its Activision deal, established studios expand, while layoffs also run rampant. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:01:54] - E3 is DED! (Again!) [00:17:46] - Circana US Video Game Spending Report for February [00:25:14] - GameStop FY 2023 Earnings [00:29:43] - Investment Interlude [00:41:51] - Quick Hits [00:53:02] - Labor Report SOURCES GameStop Reports Fourth Quarter and Fiscal Year 2022 Results | GameStop Epic-Owned Bandcamp is Unionizing | Bandcamp United (@bandcampunited) on Twitter Twitch lays off hundreds amid Amazon cuts | Polygon 16 Years Of Twitch | Twitch Layoffs reported at Worms maker Team17 | Eurogamer Logitech Cuts 300 Jobs on Post-Covid Slump in Computer Gadgets | Bloomberg (Paywall) An update on our people and business | EA Disney Shuts Down Metaverse Unit as Part of First Wave of Layoffs | Variety INVESTMENT INTERLUDE UK regulator sides with Microsoft over Call of Duty on PlayStation concerns | The Verge Small band of gamers fail to block Microsoft Activision Blizzard bid | Eurogamer Ex-Blizzard leaders Jen Oneal and J. Allen Brack create startup studio Magic Soup Games | GamesBeat PCF GROUP (PEOPLE CAN FLY) WILL HAVE A NEW 10% SHAREHOLDER — KRAFTON INC., ONE OF SOUTH KOREA’S LARGEST GAME PUBLISHERS AND DEVELOPERS | People Can Fly Maximum Entertainment Completes the Acquisition of FUN Labs | Zordix Respawn opens third studio to keep Apex Legends going for '10 to 15 years' | GamesIndustry Total War makers open a third development studio | PC Gamer