Episode 165: So… 2024, Huh? (News Show)

It’s been less than one month, and the industry has already suffered more than 3,500 lost jobs. Also: The Circana report for December 2023 and the full year, a few investments, and a discussion about some challenging changes to the U.S. tax code. Oh, and a bit about that weird Palworld game. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:11:08] - Circana report on U.S. Video Game Spending for December and Full Year 2023 [00:27:19] - Investment Interlude [00:34:06] - Quick Hits [01:00:58] - Labor Report SOURCES SAG-AFTRA and Replica Studios Introduce Groundbreaking AI Voice Agreement at CES | SAG-AFTRA Replica Studios Agreement for Digital Voice Replicas FAQs | SAG-AFTRA SAG-AFTRA’s AI Voice Acting Deal Was A Powder Keg Waiting To Go Off | Aftermath AI Content on Steam | Valve Report: 3D Realms and Slipgate may have been hit with more layoffs | Game Developer Employees Say ‘Sizable Portion’ Of Gearbox-Owned Studio Has Been Laid Off | Aftermath Playtika reduces staff by 10% | GamesIndustry Discord is laying off 17 percent of employees | The Verge Thunderful Group to restructure operations for strengthened long-term competitiveness | Thunderful Games A Difficult Update about our Workforce | Twitch Changes at Riot and the Road Ahead | Riot An Important Update about Riot’s Future | Riot Wimo Games reportedly shuts down | GamesIndustry Astra Fund repositions as "thinky" publisher Astra Logical following layoffs | Game Developer Playtika reduces staff by 10% | GamesIndustry INVESTMENT INTERLUDE Phoenix Labs execs regroup to form Critical Path Games | Game Developer Second Dinner raises $100 million to continue growing Marvel Snap | Game Developer Tencent completes majority ownership of Dying Light dev Techland | Game Developer Outsourcing studio Obelisk nets $2 million to create original horror title | Game Developer Rocksteady founders have a new, post-Suicide Squad studio | Polygon

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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.