34,000. That’s how many jobs have been lost in our industry since the start of 2022. We recap the year, discuss PAX Unplugged and The Game Awards, and look ahead at what to expect in 2025. We did a deep dive on tabletop card game trends and the looming tariffs for all of our fellow tabletop gaming nerds, too!

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:05:17] - Reflecting on PAX Unplugged 2024
• [00:27:44] - Our Time at the TGAs
• [00:32:54] - Circana Report on U.S. Video Game Spending for November 2024
• [00:39:23] - Gamestop Q3 FY24 Earnings
• [00:41:30] - Investment Interlude
• [00:47:21] - Quick Hits
• [00:55:50] - Labor Report

SOURCES

• GameStop Discloses Third Quarter 2024 Results | GameStop

INVESTMENT INTERLUDE

• KADOKAWA and Sony Agree to Form Strategic Capital and Business Alliance | Sony
• Cooldown Games Formed by WB, Gearbox, and id Software Veterans | Cooldown Games on LinkedIn
• Reforged Studios acquires Yellow Lab Games | GamesIndustry
• LoopMe Acquires Chartboost from Zynga, Accelerating its Mission to Power Brand Advertising Across the Digital Ecosystem | Business Wire
• Build a Rocket Boy acquires PlayFusion | VGC
• Dark Passenger Receives $3M Investment from The Games Fund | Ilia Eremeev on LinkedIn

LABOR REPORT

• In what will surely come as no surprise at all, the end of Suicide Squad means layoffs at Warner Bros. | PC Gamer
• People Can Fly hit with another round of layoffs | GamesIndustry
• Glow Up Games is shutting down | Mitu Khandaker on LinkedIn
• Layoffs at Deck Nine Games | Deck Nine Games on Twitter
• Hothead Games is Shutting Down After 18 Years | Hothead Games on LinkedIn
• ZeniMax Online Studios workers form their own union | Engadget

We now know that Microsoft wasn’t kidding when they said they had no intention of pulling Call of Duty from PlayStation. Whether the Game Pass Gambit pays off or not, Black Ops 6 is selling great on Sony’s console. Also: the rest of the Circana report on U.S. Video Game Spending for October, a pair of Mass Effect alums run into funding trouble, and more.

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:] - Ubisoft Shutters Three Studios and Ends XDefiant Development
• [00:] - Circana Report on U.S. Video Game Spending for October 2024
• [00:] - Investment Interlude
• [00:] - Quick Hits
• [00:] - Labor Report

SOURCES

• Ubisoft Discontinues Development on XDefiant | Ubisoft
• Thought Pennies cuts headcount as project loses funding | GamesIndustry
• Heart Machine is Undergoing Layoffs | Sol Brennan on LinkedIn
• A Message to the Reflector Community | Reflector
• Humanoid Origin, the Studio Co-Founded by Mass Effect Director Casey Hudson, is Shutting Down | Humanoid Origin on LinkedIn
• BioWare alum Mac Walters freezes indie studio Worlds Untold amid funding search | Game Developer
• Report: Kwalee lays off "at least 10" people | GamesIndustry
• Torn Banner is Undergoing a Restructure and Layoffs | Torn Banner on LinkedIn
• Report: Lilith Games cuts 40 staff as Project Party undergoes changes | PocketGamer
• 2K Games' motion capture studio votes to unionise | GamesIndustry

INVESTMENT INTERLUDE

• Exclusive: Sony is in talks to buy media powerhouse behind 'Elden Ring' | Reuters
• FromSoftware parent Kadokawa confirms buyout interest from Sony | GamesIndustry
• Play Ventures raises $140m in third gaming fund | GamesIndustry
• Tencent acquires majority stake in Kuro Games | GamesIndustry
• Bandai Namco subsidiary Bandai Namco Online to be dissolved and merged with parent company | GamesIndustry
• My.Games sells hyper-casual game publisher Mamboo | GamesIndustry

Another bad quarter for Embracer could have ripple effects throughout the industry. Also: Sony, Nintendo, Sega, and Square Enix earnings, legal trouble for NetEase executives, a strike at Activision Blizzard, and more.

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:01:12] - Sony Q2 FY25 Earnings
• [00:08:11] - Nintendo H1 FY25 Earnings
• [00:23:09] - Sega H1 FY25 Earnings
• [00:27:17] - Square Enix H1 FY25 Earnings
• [00:31:18] - Embracer Group Q2 FY25 Earnings
• [00:34:27] - Investment Interlude
• [00:35:50] - Quick Hits
• [00:41:10] - Labor Report
• [00:46:22] - FAFO

SOURCES

• Consolidated Financial Summary for the Second Quarter Ended September 30, 2024 | Sony
• Consolidated Results for the Six Months Ended September 30, 2023 and 2024 | Nintendo
• Report on Patent Infringement Lawsuit | Pocketpair
• Consolidated Financial Results for the Six Months Ended September 30, 2024 | Sega
• Consolidated Financial Results for the Six Months Ended September 30, 2024 | Square Enix
• Embracer Group publishes Interim Report Q2 | Embracer Group
• Thunderful Group Interim Report January–September 2024 | Thunderful
• Rime developer Tequila Works files for insolvency | Games Industry
• More layoffs at Payload Studios | GamesIndustry
• America's Biggest Video Games Union Goes on Strike | Inverse
• NetEase employees have allegedly laundered up to $139.3 million in a trading scheme that involves nearly 30 companies | PC Gamer

INVESTMENT INTERLUDE

• Modern Times Group buys Plarium for $620M | GamesBeat

It’s earnings season, so we’re digging into the numbers to help us understand if “Survive until ‘25” is still realistic or if things are going to remain difficult through next year. Also: Circana report on U.S. video game spending for September 2024, a few bright investment items, and a labor report that still shows bumpy roads ahead.

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. 

TIME STAMPS

• [00:03:56] - Desert Bus for Hope
• [00:05:05] - Circana Report on U.S. Video Game Spending for September 2024
• [00:14:26] - EA Q2 FY 25 Earnings
• [00:27:11] - Microsoft Q1 FY24 Earnings
• [00:35:45] - Ubisoft Q2 FY25 Earnings
• [00:39:51] - Remedy Q3 FY24 Earnings
• [00:45:24] - Capcom Q2 FY25 Earnings
• [00:51:07] - Take-Two Q2 FY25 Earnings
• [00:58:35] - Video Game History Museum - Statement on DMCA 2024 Ruling
• [01:05:14] - Investment Interlude
• [01:12:06] - Quick Hits
• [01:14:54] - Labor Report

SOURCES

• Electronic Arts Reports Strong Q2 FY25 Results | EA
• Earnings Release FY25 Q1 | Microsoft
• UBISOFT REPORTS FIRST-HALF 2024-25 EARNINGS FIGURES | Ubisoft
• Business Review: January - September 2024 | Remedy
• Consolidated financial results for the 2nd Quarter of FY2024 | Capcom
• Take-Two Interactive Software, Inc. Reports Results for Fiscal Second Quarter 2025 | Take-Two Interactive
• Second Quarter Fiscal FY25 Results and Guidance Summary | Take-Two Interactive
• Statement on the DMCA 2024 triennial review ruling | Video Game History Foundation

INVESTMENT INTERLUDE

• ‘Happy Hunting’ Filmmaker Launches Wolf Haus Games With Funding From ‘PUBG’ Developer Krafton | Variety
• Radical Forge raises £2.6m | GamesIndustry
• The End of the Beginning | Space Ape
• Squido Studio raises $3M for social XR game DigiGods | GamesBeat
• Amplitude Studios is Independent after Sega Split | Romain de Waubert de Genlis on LinkedIn

A scathing report from Hindenburg Research surfaces shocking realities about Roblox’s investor relations and massive failures to protect youth on the platform. Also: Circana Report U.S. video game spending for August 2024, Google is now required to make external app stores more viable, and more. 

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. 

TIME STAMPS

• [00:01:26] - Circana Report on U.S. Video Game Spending for August 2024
• [00:13:02] - Google Suffers Key Loss in Epic lawsuit
• [00:18:53] - Roblox Accused of Investor Malfeasance and Failing to Protect Kids
• [00:37:58] - Investment Interlude
• [00:47:58] - Quick Hits
• [01:06:01] - Labor Report
• [01:18:16] - Listener Question

SOURCES

• Google must crack open Android for third-party stores, rules Epic judge | The Verge
• Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids | Hindenburg Research
• Bandai Namco Cuts Jobs, Culls Titles as Game Sector Woes Deepen | Bloomberg (Paywall)
• More Embracer Group layoffs: Star Trek Online developer Cryptic Studios is cutting jobs for the second time in a year | PC Gamer
• Don't Nod admits "challenging times" as "reorganisation project" puts up to 69 jobs at risk | GamesIndustry
• An Update on How We're Evolving League | Mark Merrill (@MarcMerrill) on Twitter
• Tequila Works lays off "small number" of staff, cancels unannounced game | GamesIndustry
• Surgent Studios Puts Games Division on Hiatus | Surgent Studios (@surgentstudios) on Twitter
• NCSOFT spins off 4 subsidiaries for AI, game development | The Korea Times
• Scoop: Netflix shuts down 'AAA' Team Blue gaming studio, amid gaming shake-up | Game File

INVESTMENT INTERLUDE

• Ex-Disco Elysium devs announce two rival studios | Game Developer
• Saudi Arabia trims stake in Nintendo | GamesIndustry
• Keywords Studios to acquire US-based studio Certain Affinity | Keywords
• IOI Partners and Leslie Benzies’ Build A Rocket Boy enter a Worldwide Publishing and Distribution Agreement for AAA New Console and PC Game, MindsEye | IOI

Ubisoft has been under fire since a failed hostile takeover attempt in 2018. Since then, a toxic culture of misogyny and harassment was revealed in 2020 leading to an exodus of talent and a string of underperforming releases. Now, a critical game delay, a board review of operations, and a looming strike in France have tanked the share price as the company is fending off an activist investor bent on forcing the company to eject the Guillemot family and take private equity to save the ailing publisher.

Also: Another very bad time for labor, another story reveals a power struggle inside Annapurna, and Behaviour acquires a new studio just one week after shutting another down.

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:00:35] - Ubisoft is Having Some Trouble
• [00:23:56] - What Happened Inside Annapurna Interactive
• [00:35:56] - Investment Interlude
• [00:44:28] - Quick Hits
• [00:57:28] - Labor Report

SOURCES

• Ubisoft updates its financial targets for FY2024-25 | Ubisoft
• Ubisoft employees in France called to strike over return-to-office mandate | Game Developer
• Tencent, Guillemot Family Are Said to Consider Buyout of Ubisoft | Bloomberg (Paywall)
• Inside Annapurna Interactive's Mass Walkout | IGN
• Annapurna Video-Game Division Imploded Because of Power Struggle | Bloomberg (Paywall)
• Layoffs at Smite Developer Hi-Rez | Stewart Chisam (@schisam) on Twitter
• UK studio nDreams confirms layoffs could impact 17.5 percent of workforce | Game Developer
• Airship Syndicate Lays off 16 People | Airship Syndicate on LinkedIn
• NetEase subsidiary Skybox Labs lays off 25 people | GamesIndustry
• Report: VR studio XR Games placing 72 employees at 'risk of redundancy' | Game Developer
• Redhill Enters Consultation in Advance of Layoffs | Matias Myllyrinne on LinkedIn
• Concord Director Steps Down As Studio Behind Historic PlayStation Flop Waits For Sony's Decision | Kotaku
• Gamurs Group employees reportedly hit with more layoffs | GamesIndustry
• Mountaintop Lays off 13 People | Nicole Carpenter (@sweetpotatoes) on Twitter
• Maximum Games has Closed Merge Games | Merge Games (@mergegamesltd) on Twitter
• Sharkmob London faces layoffs after game cancelled | GamesIndustry
• The Sea is Quiet | Studio Black Flag

INVESTMENT INTERLUDE

• Notice to the Extraordinary General Meeting of Remedy Entertainment Plc | Remedy
• Future Trash raises $5M to build its IP within Fortnite’s platform | GamesBeat
• Absurd Ventures launches new studio with Ascendant Studios staff | GamesIndustry
• Playtika to acquire mobile game maker SuperPlay for up to $1.95B | GamesBeat
• Behaviour Interactive acquires Red Hook Studios | Behaviour Interactive
• Devolver launches Big Fan Games, a publishing label dedicated to movie, TV and comic book adaptations | GamesIndustry
• Red Dead Redemption Lead Designer and Writer Christian Cantamessa and Mario + Rabbids Creative Director Davide Soliani Launch Videogame Company Day 4 Night Studios | Day 4 Night

The PlayStation 5 Pro defies all logic, reaching deeper into diehards’ pockets in the worst economy we’ve seen in 15 years. We break down the challenging economics (while also admiring Mark Cerny’s ASMR-style presentation). Also: GameStop earnings tumble, more Microsoft layoffs, Unity reverses a terrible decision, and can AI companies just stop stealing our stuff?

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. 

TIME STAMPS

• [00:01:43] - A Quick Chat about PAX West
• [00:11:27] - The PS5 Pro Defies Logic
• [00:25:43] - Concord’s Short-Lived Life
• [00:35:41] - Take This is in Danger of Closing
• [00:39:54] - OpenAI and Microsoft are Scraping Game Dev Work
• [00:45:11] - Unity’s Road to Redemption
• [00:51:30] - Gamestop Q2 FY25 Earnings
• [00:56:40] - Investment Interlude
• [01:09:55] - Quick Hits
• [01:14:45] - Labor Report

SOURCES

• Welcome PlayStation 5 Pro, the most visually impressive way to play games on PlayStation | PlayStation Blog
• An important update on Concord | PlayStation Blog
• Take This is in Danger of Closing Forever | Take This
• This was essentially a two-week long DDoS attack': Game UI Database slowdown caused by relentless OpenAI scraping | Game Developer
• A message to our community: Unity is canceling the Runtime Fee | Unity
• GameStop Discloses Second Quarter 2024 Results | GameStop
• Microsoft lays off 650 more Xbox employees | The Verge
• Tilting Point making layoffs that could impact 20 percent of global workforce | Game Developer
• Rocksteady hit by layoffs after Suicide Squad: Kill the Justice League underperforms | Eurogamer
• Helldivers 2 support studio Toadman Interactive to shut offices in Sweden and Norway | Games Industry
• Tencent, NetEase Rethink Japan Approach as Game Strategy Stalls | Bloomberg (Paywall)
• Lost Boys Interactive has Initiating Another Round of Layoffs | Lost Boys Interactive on LinkedIn
• Merge Games closes Chelford office and announces layoffs | Games Industry
• Until Dawn remake studio Ballistic Moon lays off staff ahead of the game's release in October | Eurogamer
• Incubator Dutch Game Garden shuts down in January 2025 | GamesBeat
• 3 months after firing Dr Disrespect, Deadrop developer Midnight Society confirms 'significant' layoffs | PC Gamer

INVESTMENT INTERLUDE

• Remedy and Annapurna announce a strategic cooperation agreement on Control 2 | Remedy
• Annapurna Video-Game Team Resigns, Leaving Partners Scrambling | Bloomberg (Paywall)
• Hopoo Games (Risk of Rain) Developers Join Valve | Hopoo Games (@hopoogames) on Twitter
• Some Good News for Timbre Games | Joe Nickolls on LinkedIn
• Nexon to Establish MINTROCKET Corporation | Nexon
• Urgent Call for Strategic and Structural Changes at Ubisoft Entertainment | AJ Investments
• Embracer Group receives early payment for sale of Saber assets. | Embracer Group

We had a hunch that EA Sports College Football was going to be big, and it seems to have single-handedly swung the U.S. video game spending report in a positive direction. Also: Lots of earnings, PS5 price hikes, some acquisitions, and more.

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:01:46] - Circana Report on U.S. Video Game Spending for July 2024
• [00:09:36] - Square Enix Q1 FY25 Earnings
• [00:16:53] - Nintendo Q1 FY25 Earnings
• [00:26:38] - Sony Q1 FY25 Earnings
• [00:36:43] - Remedy Q2 FY24 Earnings
• [00:44:59] - Sega Q1 FY25 Earnings
• [00:49:19] - Take-Two Q1 FY25 Earnings
• [00:57:16] - Embracer Group Q1 FY25 Earnings
• [01:02:14] - WB Eyes Games Division Sell-Off
• [01:11:39] - Investment Interlude
• [01:19:06] - Quick Hits
• [01:25:32] - Labor Report

SOURCES

• Square Enix Financial Results Briefing Session | Square Enix
• Nintendo Consolidated Results for the Three Months Ended June 30, 2023 and 2024 | Nintendo
• Sony FY2024 Q1 Earnings Announcement | Sony
• Remedy Entertainment Plc: Half year financial report | Remedy
• Sega Q1 for the Fiscal Year Ending March 2025 Results Presentation | Sega Sammy
• Take-Two Interactive Software, Inc. Reports Results for Fiscal First Quarter 2025 | Take-Two
• Embracer Group publishes Interim Report Q1 | Embracer Group
• Report: WB Discovery looking to sell off games, other divisions to prevent total breakup | Game Developer
• Mobile dev Shipyard Games shuts down | Game Developer
• Meta shuts down Quest developer Ready at Dawn | Game Developer
• VR studio Archiact is closing down | GamesIndustry
• 5BY5 Interactive has Closed | Ty Buser on LinkedIn
• Ubisoft cuts 45 jobs across Cary and San Francisco teams | Game Developer
• Visual Concepts lays off staff at Lego 2K Drive South studio | Game Developer
• Payload Studios lays off 25% of staff | GamesIndustry

INVESTMENT INTERLUDE

• KRAFTON Strengthens Global Presence Through Strategic Integration of Tango Gameworks and Hi-Fi RUSH IP | Krafton
• Virtuos expands into the UK with acquisition of Third Kind Games | Virtuous
• North Beach Games Opens Prague Studio; Announces Stranded Deep 2 | North Beach Games
• Publisher Headup Spins off Developer Goon Squad into Fully Independent Studio | Games Press
• Reforged Studios does a double acquisition, buys Ground Shatter and Extra Mile | Game Developer

Amidst new allegations of insider training, GameStop CEO Ryan Cohen has shuttered Game Informer magazine after 33 years. Also: Earnings time is here, more Bungie layoffs, Netherrealm layoffs, Circana report for June 2024, voice actors on strike, IGN parent Ziff Davis does Humble Games publishing and its partners dirty, and more.

This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. 

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:01:47] - Circana Report on U.S. Video Game Spending for June 2024
• [00:11:02] - Ubisoft Q1 FY2025 Earnings
• [00:17:17] - Paradox Q2 FY2024 Earnings
• [00:20:55] - Capcom Q1 FY2024 Earnings
• [00:27:44] - Microsoft Q4 FY2024 Earnings
• [00:39:18] - EA Q1 FY2025 Earnings
• [00:49:38] - Investment Interlude
• [00:53:03] - Quick Hits
• [01:00:32] - Labor Report

SOURCES

• Ubisoft Q1 FY2025 Earnings | Ubisoft
• Interim report January – June 2024 | Paradox
• Consolidated financial results for the 1st Quarter of FY2024 | Capcom
• Earnings Release FY24 Q4 | Microsoft
• EA Earnings Release Q1 FY25 | EA
• Bethesda Game Studios employees form a ‘wall-to-wall’ union | TechCrunch
• World of Warcraft developers form Blizzard’s largest and most inclusive union | The Verge
• MORTAL KOMBAT DEVELOPER NETHERREALM STUDIOS HIT WITH MASS LAYOFFS | Insider Gaming
• Jam City lays off nearly 85 employees as industry fails to hit 'upward trend' | Game Developer
• Axis Studios goes into administration | Televisual
• Armor Games Studios has seemingly laid off its publishing team | GamesIndustry
• Probably Monsters lays off incubation team | Brandi House on LinkedIn
• Forte shuts down Rumble Entertainment, its second studio closure in two months | GamesIndustry
• The New Path for Bungie | Bungie
• Game Informer is Gone | Game Informer

INVESTMENT INTERLUDE

• Warner Bros. Games Acquires Player First Games | Warner Bros. via BusinessWire
• Look North World raises $4.5m in overall funding | GamesIndustry

Microsoft is making sweeping changes to Game Pass, seemingly to avoid bleeding out on Call of Duty sales. Also: Circana report for May 2024, SAG-AFTRA updates, more Embracer and Paradox cuts, out of control EA executive pay in the face of layoffs, and more.

This episode is sponsored by Magic Mind, a supplement shot that includes ingredients to lower your stress, reduce fatigue, and boost your immune system. You can get 20% off your one time purchase of Magic Mind or up to 48% off your first subscription at https://www.magicmind.com/VECONOMY20 using the code VECONOMY20. 

You can support Virtual Economy’s growth via our Ko-Fi and also purchase Virtual Economy merchandise!

TIME STAMPS

• [00:01:13] - SAG-AFTRA Updates Independent Development Contracts
• [00:06:42] - Circana Report on U.S. Video Game Spending for May 2024
• [00:13:33] - Microsoft Makes Big Changes to Game Pass
• [00:28:56] - Investment Interlude
• [00:44:06] - Quick Hits
• [00:47:48] - Labor Report

SOURCES

• Life By You is Cancelled | Paradox Forums
• Paradox Interactive to close down Paradox Tectonic | Paradox
• Former Paradox Dev comments on Life by You Cancelation | Willem Delventhal on LinkedIn
• Cities Skylines 2 - Console Development Status | Paradox Forums
• Pieces Interactive has Been Shuttered by Embracer Group | Pieces Interactive
• Embracer-owned Gothic, Risen and ELEX developer Piranha Bytes closes | Eurogamer
• Former Piranha Bytes devs form Pithead Studio | GamesIndustry
• Galvanic Games is Closing Down | Galvanic Games (@GalvanicGames) on Twitter
• GOODBYE, HEROES OF ARMANTIA AND KOJI VILLAGERS | Challengers Games
• Gameloft Toronto staff laid off after studio 'substantially' reduces production activity | Game Developer
• Perfect World cuts staff in multi-unit layoffs, reportedly suspends game projects | Game Developer
• Network N lays off eight from games marketing agency Project N | GamesIndustry
• Gamurs Group reportedly lays off unknown number of staff | GamesIndustry
• EA execs earned $60 million in 2024 despite layoffs and office closures | Game Developer

INVESTMENT INTERLUDE

• Capcom Makes Minimum Studios Co., Ltd. a Subsidiary Through Share Acquisition | Capcom
• Keywords Studios reaches £2.2bn acquisition agreement with Swedish investment company EQT | GamesIndustry
• Daybreak Games, Singularity 6 to Collaborate on Development of Palia | Daybreak Games
• Arc System Works opens European branch | Arc Systems Works EU (@ASW_Official_EU) on Twitter
• Dutch publisher Mystic Forge nets €2 million to help indies get to market | Game Developer
• Kwalee makes minority investment in Devolver Digital | GamesIndustry
• PULLUP Entertainment Announces its results for the 2023/24 financial year | Pullup
• Series Entertainment and Pixelberry | Pixelberry
• Stellar Blade developer Shift Up raises $320m in IPO | GamesIndustry