Episode 62: GameStop’s Earnings Saved By COVID Tax Credits (News show)
Virtual Economy - A podcast by Michael Futter and Amanda Farough
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GameStop’s Earnings Saved By COVID Tax Credits (News Show): GameStop reports stronger earnings, but has a one-time tax credit to thank. We also discuss, Cyberpunk’s launch, Twitch’s new safety rules, Activision suing Netflix, and more. We’ll be listing timestamps for each topic moving forward for ease of listening! Enjoy! TIME STAMPS 1:21 - GameStop earnings 14:45 - Twitch - New conduct rules and enforcement 40:15 - Activision is suing Netflix 48:30 - Quick Hits 1:04:00 - Cyberpunk 2077’s messy launch and toxic community 1:19:00 - The problem with using Metacritic for bonuses 1:21:00 - Humble announces first recipients of Black Developer Fund awards 1:24:00 - Ubisoft finally hires a VP of Global Diversity and Inclusion 1:26:30 - Manticore rolls out new Perks program 1:33:15 - November 2020 NPD 1:39:00 - Game Awards 2020 Takeaways SOURCES GameStop Reports Third Quarter Results: http://news.gamestop.com/news-releases/news-release-details/gamestop-reports-third-quarter-results-positive-start-fourth Introducing Our New Hateful Conduct & Harassment Policy (Twitch): https://blog.twitch.tv/en/2020/12/09/introducing-our-new-hateful-conduct-harassment-policy/ Netflix Sued by Activision for Poaching CFO (THR): https://www.hollywoodreporter.com/thr-esq/netflix-sued-by-activision-for-poaching-cfo World of Warcraft: Shadowlands Becomes Fastest-Selling PC Game of All Time: https://investor.activision.com/node/33796/pdf HUMBLE FUNDS ITS FIRST FIVE GAMES THROUGH THE $1 MILLION BLACK GAME DEVELOPER FUND: https://www.humblegames.com/updates-article/humble-funds-its-first-five-games-through-the-1-million-black-game-developer-fund/ Cyberpunk 2077 Epileptic PSA (GameInformer): https://www.gameinformer.com/2020/12/07/cyberpunk-2077-epileptic-psa CD Projekt Changes Developer Bonus Structure After Buggy Release (Bloomberg): https://www.bloomberg.com/news/articles/2020-12-11/cd-projekt-changes-developer-bonus-structure-after-buggy-release Ubisoft Appoints Raashi Sikka as VP Global Diversity & Inclusion: https://ubistatic19-a.akamaihd.net/comsite_common/en-US/images/pressrelease_downloadablemm_20201208_052829_ubisoftappointsraashisikka_vpofdi_final_tcm99-363850_tcm99-196733-32.pdf The UGC Multiverse is the Future of the Creator Economy (Manticore): https://medium.com/core-games/the-ugc-multiverse-is-the-future-of-the-creator-economy-eabbce7a272c