Episode 192: PAX East Takes A MAGFest Turn (News Show)

PAX East isn’t the show it was 10 years ago. With most AAA developers staying away, indies take center stage. Also: Circana report for April 2025, GameStop sells off its Canadian holdings, Curve Games has a new owner, the SAG-AFTRA voice performer strike enters the endgame, and much more. We’ve also got a pair of great listener questions! You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:03:10] - Circana Report on U.S. Video Game Spending for April 2025 [00:17:36] - PAX East Recap [00:52:48] - Investment Interlude [01:09:12] - Quick Hits [01:17:15] - Labor Report [01:34:37] - Listener Questions INVESTMENT INTERLUDE Universal Distribution completes Alliance Game Distributors buyout from Diamond Comics after chaotic bankruptcy auction | BoardGameWire Curve Games Acquired by Nazara Technologies | Curve Games Apple acquires RAC7, its first-ever video game studio | Digital Trends NCsoft makes "strategic equity investment" in Empty Vessel | GamesIndustry Griffin Gaming Partners Leads €12M Series A in Amplitude Studios | Griffin Gaming Partners Sony PlayStation establishes new studio, teamLFG, to work on "an ambitious incubation project" | GamesIndustry Starbreeze acquires publishing rights to troubled Payday 3, says move will 'accelerate development roadmap' | Eurogamer Brightika expands to PC and console with $3m investment for indie devs | GamesIndustry LABOR REPORT EA Cancels Black Panther Game, Closes Cliffhanger Games | IGN Microsoft announces plans to lay off thousands more workers | VGC Video Game Companies Release Final Offer to SAG-AFTRA Addressing AI Demands Amid 9-Month Strike (EXCLUSIVE) | Variety Video Game Companies Remove AI Provision on Unlimited Digital Replicas From ‘Best, Last and Final’ Offer to Actors Union (EXCLUSIVE) | Variety SAG-AFTRA's Interactive Media Agreement Negotiating Committee Responds to Video Game Employers | SAG-AFTRA SAG-AFTRA Statement on Fortnite’s Use of A.I. Darth Vader Voice and ULP Filing | SAG-AFTRA THQ Nordic studio that was set to be closed in 2023 somehow escaped the Embracer death spiral and is now working on a new RPG | PC Gamer

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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.