Episode 188: We’re Getting Tired of Clowns in the C-Suite (News Show)
Update: 2025-02-25
Description
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.
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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
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