Episode 175: Summer Game Fest Gets Closer to E3 Vibes (News Show)

Virtual Economy

E3 might be dead, but its spirit is clinging to life (even if just by sheer will of the industry and the JW Marriott lobby). We discuss the trends and big learnings from the showcases and a quick visit to SGF Play Days. Also: GameStop earnings, Circana report for April 2024, the latest labor report, 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

• [00:00:46] - Summer Game Fest Analysis
• [00:56:01] - Circana Report on U.S. Video Game Spending for April 2024
• [01:01:38] - Gamestop Q1 FY24 Earnings
• [01:04:37] - Investment Interlude
• [01:07:00] - Quick Hits
• [01:26:45] - Labor Report

SOURCES

• GameStop Q1 FY 2024 Earnings | GameStop
• Gameloft Romania cuts 136 jobs and closes Cluj studio | Game Developer
• Behaviour to lay off up to 95 employees | GamesIndustry
• Twitch terminates all members of its Safety Advisory Council | CNBC
• Sumo Group Update | Sumo Group
• Just Cause developer Avalanche closing two studios and laying off 50 workers | Game Developer
• WorldWalker Games Goes Into Hibernation | WorldWalker Games (@wildermyth) on Twitter
• Gone Fishin'! | League of Geeks

INVESTMENT INTERLUDE

• Former Ubisoft Massive Studio Head Leads New Studio, Bespoke Pixel | Bespoke Pixel