Sony dug a giant hole and dumped all the Helldivers 2 goodwill into the pit (while cutting off 177 countries). Microsoft lit itself on fire and burned player sentiment to the ground. Good times. Also: Take-Two layoffs target a BAFTA winner, Unity has a new CEO with a massive compensation package, the Circana report for March, and earnings, earnings, earnings.

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TIME STAMPS

• [00:03:56] - Unity's New CEO
• [00:13:42] - Circana Report on U.S. Video Game Spending for March 2024
• [00:25:08] - Investment Interlude
• [00:33:51] - Quick Hits
• [00:40:46] - Labor Report
• [01:24:21] - Nintendo Q4 FY24 Earnings
• [01:26:54] - Remedy Q1 FY24 Earnings
• [01:29:51] - Capcom Q4 FY24 Earnings
• [01:35:38] - EA Q4 FY24 Earnings
• [01:42:44] - FAFO Awards (Razer, PlayStation)

SOURCES

• Unity Appoints Matthew Bromberg as New CEO | Business Wire
• Belka Games lays off 20% of workforce as it becomes "more critical" of future titles | PocketGamer
• Keoken Interactive Shuts Down (Temporarily, but fully) | Keoken Interactive on Facebook
• Paladin Studios is Shutting Down | Paladin Studios on LinkedIn
• Lightforge is Laying Off Staff and Pausing Development On Project O.R.C.S. | Matt Shembari on LinkedIn
• Prytania Media has Closed the Third of its Four Studios | Dawon Entertainment on LinkedIn
• Take-Two reportedly shuts down Roll7 and Intercept Games, Private Division suffers layoffs | GamesIndustry
• Microsoft Closes Redfall Developer Arkane Austin, HiFi Rush Developer Tango Gameworks, and More in Devastating Cuts at Bethesda | IGN
• Dinga Bakaba Shares Thoughts on Microsoft Studio Closures | Dinga Bakaba (@DBakaba) on Twitter
• Microsoft's Xbox Is Planning More Cuts After Studio Closings | Bloomberg (Paywall)
• Inside Microsoft's Xbox turmoil | The Verge
• Microsoft says it needs games like Hi-Fi Rush the day after killing its studio | The Verge
• Workers seek to alter the balance of power in Canadian video game industry | Polygon
• Razer, Inc. to Pay More Than $1.1 Million for Misrepresenting the Performance and Efficacy of Supposed "N95-Grade" Zephyr Face Masks | FTC
• CONSOLIDATED FINANCIAL HIGHLIGHTS | Nintendo
• Business Update - January-March 2024 | Remedy
• Consolidated Financial Results for the year ended March 31, 2024 | Capcom
• Electronic Arts Reports Q4 and FY24 Results | EA

INVESTMENT INTERLUDE

• Atari relaunches Infogrames, immediately buys Totally Reliable Delivery Service | Game Developer
• Overwolf acquires Nitro | Uri Marchand on LinkedIn
• CORSAIR Pursuing an Acquisition of Fanatec, the Leading Brand for Sim Racing Hardware | Corsair