Episode 188: We’re Getting Tired of Clowns in the C-Suite (News Show)

Despite mounting evidence that Games as a Service are struggling, executives continue to go back to that empty well. Also: A ton of earnings reports (Nintendo, EA, Paradox, Square Enix, Sega, Ubisoft, Remedy, Embracer Group, and Sony), the labor picture worsens, and Niantic may be exiting the gaming space.

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TIME STAMPS

• [00:01:58] - Nintendo Q3 FY25 Earnings
• [00:16:07] - EA Q3 FY25 Earnings
• [00:30:18] - Paradox FY24 Earnings
• [00:34:40] - Take Two Q3 FY25 Earnings
• [00:36:46] - Square Enix Q3 FY25 Earnings
• [00:40:17] - Sega Q3 FY25 Earnings
• [00:42:52] - Ubisoft Q3 FY25 Earnings
• [00:44:49] - Remedy FY24 Earnings
• [00:47:15] - Embracer Group Q3 FY25 Earnings
• [00:50:18] - Sony Q3 FY25 Earnings
• [00:54:11] - Investment Interlude
• [01:01:38] - Quick Hits
• [01:05:18] - Labor Report

SOURCES

• Consolidated Results for the Nine Months Ended December 31, 2023 and 2024 | Nintendo
• Electronic Arts Reports Q3 FY25 Results | EA
• Battlefield Labs | EA
• END OF KAIZEN REVIEW | EA
• Year-end report January – December 2024 | Paradox
• Paradox Interactive acquires Haemimont Games | Paradox
• Consolidated Financial Results for the Nine-Month Period Ended December 31, 2024 | Square Enix
• Consolidated Financial Results for the Nine-Month Period Ended December 31, 2024 | Sega
• UBISOFT REPORTS THIRD-QUARTER 2024-25 SALES | Ubisoft
• Remedy Entertainment Plc: Financial Statements Release January-December 2024 | Remedy
• Embracer Group publishes Interim Report Q3 | Embracer Group
• Q3 FY2024 Consolidated Financial Results | Sony

INVESTMENT INTERLUDE

• Dead Astronauts Secures €4M In Oversubscribed Seed Round | Dead Astronauts
• nDreams establishes new internal studio, shutters two others | GamesIndustry
• GameStop Announces Plan to Pursue a Sale of French and Canadian Operations | GameStop
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