Sony’s IR Day has revealed more of the company’s strategy, successes, and shortcomings. We also discuss the “SteamPal” report, PAX Online scaled back (and more realistic) pricing, updates on some stories from last week, and GameStop getting into NFTs. Ew.

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TIME STAMPS

[00:02:00] - Update on Take-Two and The Outer Worlds [00:05:01] - Update on Netflix’s Gaming Ambitions [00:06:55] - Update on Ubisoft’s Efforts to Fix its Workplace Culture [00:14:34] - NPD Report for April 2021 [00:23:58] - Investment Interlude [00:34:21] - Quick Hits [00:52:31] - Sony Strategy Plans from its latest IR Day [01:11:47] - PAX Online 2021 Pitch Deck Analysis

SOURCES

Microsoft will take charge of 'future iterations' of The Outer Worlds (Gamasutra) Netflix's gaming expansion (Axios) A Year of Change at Ubisoft Virtual Economy Episode 38: The EVE Effect: Using games to find agile employees (with Tryggvi Hjaltason, CCP Games) Sony Strategy Document - Game & Network Services Segment SteamDB on Twitter re SteamPal (Codename Neptune) Portable Device Exclusive: Valve is making a Switch-like portable gaming PC (Ars Technica)

INVESTMENT INTERLUDE

Zordix enters into an agreement to acquire Merge Games Ltd Insomnia Gaming Festival Organiser 'Player1 Events' Acquired by Supernova Capital Pathmatics Joins Sensor Tower to Empower the Next Generation of Digital Marketing Intelligence Miniclip acquires leading UK studio, Supersonic Software Ltd and its subsidiary Appynation Ltd TENCENT HOLDINGS ACQUIRES 3.8% OF SHARES IN REMEDY ENTERTAINMENT… Virtuix Raises $19MM for 'Omni One' Virtual Reality Treadmill FNATIC SECURES FUNDS TO DRIVE FURTHER GLOBAL GROWTH Crystal Dynamics announces new Austin Studio Double Loop Games raises $2.5 million to make mobile games for everyone (GamesBeat) New social gaming platform Noice raises $5 million from Supercell, Unity and Remedy founders (PocketGamer)

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