Chris Dring and James Batchelor discuss some of the biggest stories about the business of video games from the past week.

This week's Microcast kicks off with Chris' report on the industry bracing itself for further difficult times, with investors, publishers and developers expecting up to two years of closures, changes to the release schedule and investment opportunities, and more.

We also discuss the reaction to our interview with Ubisoft's Philippe Tremblay and the notion that subscriptions will only take off when players become accustomed to not owning their games, the end of UK retailer GAME's pre-owned business, and the highlights of the Xbox Developer Direct.

As always you can get more news, insight and analysis at www.gamesindustry.biz.

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