Episode 146: GameStop’s Still Hemorrhaging Money (News Show)

 It’s our season finale! GameStop has more than a little red on it, with losses continuing to mount on a crypto deal gone bust. Also: Microsoft makes nice with Nintendo (again) to pressure Sony, layoff continue to plague the industry, Zenimax QA workers on the path to unionization, and a fresh FAFO. Oh… and we have a tiny, little announcement.

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TIME STAMPS

[00:00:30] - Some exciting news! [00:05:44] - Gamestop Q3 FY2023 Earnings [00:14:20] - NPD U.S. Video Game Spending Report for November 2022 [00:19:46] - Twitch’s new Shield Mode [00:22:51] - Investment Interlude [00:49:36] - Quick Hits [00:54:19] - Labor Report [01:14:26] - Listener Question [01:16:01] - FAFO

SOURCES

GameStop Q3 FY2023 Earnings | GameStop GameStop begins layoff | Axios Protect Your Channel With Shield Mode | Twitch Activision Blizzard QA Workers Call for End to Bug Quotas | ABK Workers Alliance (@ABetterABK) on Twitter ‘Diablo IV’ developers work long hours, bracing for impending release | Washington Post Activision sues California agency that sued it over misconduct | Axios Zenimax QA Workers Will Unionize | ZeniMax Workers United - CWA (@ZenimaxWorkers) on Twitter “Massive” layoffs at Wildlife as it drops all non-mobile game projects | Mobilegamer Just Cause Studio Employees Call for Change Amid Year-Long Battle Over Controversial Hire | IGN DEI at Avalanche Studios Group | Avalanche Studios Group Insider trading in FF development? Former Square Enix employees re-arrested | Asahi

INVESTMENT INTERLUDE

SONY INTERACTIVE ENTERTAINMENT OBSERVATIONS ON THE CMA’S ISSUES STATEMENT | UK Competition and Markets Authority MICROSOFT’S RESPONSE TO THE CMA’S ISSUES STATEMENT | UK Competition and Markets Authority FTC Seeks to Block Microsoft Corp.’s Acquisition of Activision Blizzard, Inc. | FTC Microsoft Didn’t Lie to the EU on ZeniMax Deal Like the FTC Said, According to Sources A Letter from CEO Bobby Kotick Regarding Activision Blizzard’s Merger with Microsoft | Activision Blizzard Keywords acquires AI-driven player support platform for $75m | GamesIndustry STARBREEZE STUDIOS EXPANDS WITH NEW STUDIO AND DEDICATED TEAM IN THE UNITED KINGDOM | Starbreeze SPLASH DAMAGE ANNOUNCES TRANSFORMERS: REACTIVATE | Splash Damage