GameOver #7: '24 Layoffs!, "Too many games," New Halo, Epic #1 on Console, State of UGC, AI, China, Steam Breaks Records
Description
Arthur Trusov and Joseph Kim discuss the latest gaming news from the past week.
Layoffs:
Unity to lay off 1,800 staff as it continues company reset
Twitch is cutting one-third of its staff
Playtika to cut 300 - 400 more jobs in latest rounds of layoffs
Discord is laying off 17 percent of employees
11 Days Into 2024 And 2700+ Video Game Layoffs Have Been Announced
Nacon exec says industry's problem is "too many games"
UE5-Powered New Halo Reportedly in Development at 343 Industries – Rumor
Epic finally claims top spot for publisher MAU share on console
The State of UGC Games (2024)
SAG underfire for supporting AI game voice actors
AI took stage of CES and was a mess!
China easing fears of another video game crackdown
Cheating accessory — GameShark — is back.
Steam broke its concurrent user record over the weekend
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We compare two major gaming companies, Embracer and Ubisoft, on this episode of Pixels and Profits.
✅ Business performance
✅ Valuation
✅ Future outlook of both companies
We analyze their strategies, financials, and potential for growth.
Timeline Summary:
00:00 - Introduction to the topic...
Published 04/20/24
We discuss key themes & trends, critical takeaways, GDC panels/talks, and rumors from GDC 2024.
OUTLINE:
0:00 Intro
2:35 VC, publisher investment in gaming is down
3:50 Moving to tighter efficiency in game development
7:05 More pain coming, 3-6 more months of industry rationalization
15:30...
Published 03/30/24