Despite mounting evidence that Games as a Service are struggling, executives continue to go back to that empty well. Also: A ton of earnings reports (Nintendo, EA, Paradox, Square Enix, Sega, Ubisoft, Remedy, Embracer Group, and Sony), the labor picture worsens, and Niantic may be exiting the gaming space. You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:01:58] - Nintendo Q3 FY25 Earnings [00:16:07] - EA Q3 FY25 Earnings [00:30:18] - Paradox FY24...
Despite mounting evidence that Games as a Service are struggling, executives continue to go back to that empty well. Also: A ton of earnings reports (Nintendo, EA, Paradox, Square Enix, Sega, Ubisoft, Remedy, Embracer Group, and Sony), the labor picture worsens, and Niantic may be exiting the gaming space.
You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!
TIME STAMPS
- [00:01:58] - Nintendo Q3 FY25 Earnings
- [00:16:07] - EA Q3 FY25 Earnings
- [00:30:18] - Paradox FY24 Earnings
- [00:34:40] - Take Two Q3 FY25 Earnings
- [00:36:46] - Square Enix Q3 FY25 Earnings
- [00:40:17] - Sega Q3 FY25 Earnings
- [00:42:52] - Ubisoft Q3 FY25 Earnings
- [00:44:49] - Remedy FY24 Earnings
- [00:47:15] - Embracer Group Q3 FY25 Earnings
- [00:50:18] - Sony Q3 FY25 Earnings
- [00:54:11] - Investment Interlude
- [01:01:38] - Quick Hits
- [01:05:18] - Labor Report
SOURCES
- Consolidated Results for the Nine Months Ended December 31, 2023 and 2024 | Nintendo
- Electronic Arts Reports Q3 FY25 Results | EA
- Battlefield Labs | EA
- END OF KAIZEN REVIEW | EA
- Year-end report January – December 2024 | Paradox
- Paradox Interactive acquires Haemimont Games | Paradox
- Consolidated Financial Results for the Nine-Month Period Ended December 31, 2024 | Square Enix
- Consolidated Financial Results for the Nine-Month Period Ended December 31, 2024 | Sega
- UBISOFT REPORTS THIRD-QUARTER 2024-25 SALES | Ubisoft
- Remedy Entertainment Plc: Financial Statements Release January-December 2024 | Remedy
- Embracer Group publishes Interim Report Q3 | Embracer Group
- Q3 FY2024 Consolidated Financial Results | Sony
INVESTMENT INTERLUDE
- Dead Astronauts Secures €4M In Oversubscribed Seed Round | Dead Astronauts
- nDreams establishes new internal studio, shutters two others | GamesIndustry
- GameStop Announces Plan to Pursue a Sale of French and Canadian Operations | GameStop
- ‘Pokémon Go’ Maker Nears $3.5 Billion Deal to Sell Games Unit | Bloomberg (Paywall)
LABOR REPORT
- Sumo Group is Refocusing and Undergoing Layoffs | Sumo Group on LinkedIn
- Iron Galaxy Layoffs | Iron Galaxy on LinkedIn
- Report: ProbablyMonsters conducting more layoffs after pledging to build 'stable home for developers' | Game Developer
- Report: Hi-Rez Studios laid off dozens of developers from Smite team | Game Developer
- Crytek is Laying Off 15% of its Workforce | Crytek on LinkedIn
- VR dev Toast Interactive lays off majority of staff | Game Developer
- Liquid Sword makes "deeply regrettable" job cuts for "the studio's long-term sustainability" | GamesIndustry
- Netflix has laid off staff at Oxenfree developer Night School Studio | Game Developer
- Bossa Games Layoffs | Bossa Games on LinkedIn
- EXCLUSIVE: 10:10 Games Employees Offered No Severance, Layoffs Happened While On Holiday, And More | Insider Gaming
- Layoffs at NetEase on the Marvel Rivals team | Jack Burrows on LinkedIn
- Layoffs at NetEase on the Marvel Rivals team | Thaddeus Sasser on LinkedIn
View more
