Episode 157: The ESRB Is Getting Weird (News Show)

The Entertainment Software Ratings Board wants to use facial scanning to keep your kids from playing GTA and other adult-focused games. Also, it’s earnings season, with Microsoft, Capcom, Sega, and EA kicking us off. We also cover two more instances of the dreaded “payoffs for layoffs,” and a heap of listener questions! You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:1:55] - Circana Report on U.S. Video Game Spending for June 2023 [00:13:20] - Microsoft Q4 FY23 Earnings [00:19:43] - Capcom Q1 FY24 Earnings [00:23:40] - Sega Q1 FY24 Earnings [00:29:51] - EA Q1 FY24 Earnings [00:31:28] - Nintendo Q1 FY24 Earnings [00:35:55] - Investment Interlude [00:45:39] - Quick Hits [00:56:30] - Labor Report [01:02:41] - The ESRB Wants to Use Facial Scanning for Age Gating [01:13:20] - Listener Questions SOURCES Microsoft Earnings Release FY23 Q4 | Microsoft Capcom Q1 FY24 Earnings | Capcom Capcom Makes Swordcanes Studio Co., Ltd. a Wholly-Owned Subsidiary Through Share Acquisition | Capcom Sega Q1 FY24 Earnings | Sega Electronic Arts Reports Strong Q1 FY24 Results | EA Nintendo Q1 FY24 Earnings | Nintendo Financial Results Explanatory Material | Nintendo Take Two Interactive execs' pay doubled this year | Axios Discord Lays Off 4% of Workforce | The Information 15 USC 6501: Definitions (house.gov) What Do We Do About the Biases in AI? (hbr.org) | Harvard Business Review If consoles can't crack China, their future is limited | GamesIndustry.biz  INVESTMENT INTERLUDE TECHLAND'S NEXT CHAPTER AND THE ROAD AHEAD | Techland MICROSOFT’S SUBMISSIONS ON MATERIAL CHANGES OF CIRCUMSTANCES | UK CMA

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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.