Episode 76: Discord’s Playing the Dating Game for $10 Billion (News Show)
Virtual Economy - A podcast by Michael Futter and Amanda Farough
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Multiple reports put Discord in talks with Microsoft and others. We also review GameStop’s earnings, Sony’s stunning silence on a report that it’s closing three digital storefronts, Majesco’s return to retail, and more. TIME STAMPS [00:02:18] - Sony is reportedly set to shutdown PS3, PSP, and Vita digital storefronts [00:09:23] - Sony staffing reorganization [00:11:52] - M&A Minute(s) [00:20:04] - Quick Hits [00:33:26] - Majesco returns to retail [00:37:13] - Razer earnings [00:42:46] - GameStop Earnings [00:59:13] - Discord is reportedly looking for a buyer (and may have found one) NEW WRITING FROM VIRTUAL ECONOMY Discord Wants to Tie the $10 Billion Knot, But Which Suitor is Best? - Mike Beyond Tom Nook: Reflecting on Animal Crossing One Year Later - Manda SOURCES Report: PS3, Vita, And PSP Stores To Be Permanently Closed In A Few Months (TheGamer) Sony Interactive Entertainment Announces New Engineering and Finance Leadership (SIE Blog) Discord exploring sale that could be worth more than $10 billion (GamesBeat) Razer FY 2020 Investor Presentation GameStop Reports Fourth Quarter and Fiscal 2020 Results Microsoft in Talks to Buy Discord for More Than $10 Billion (Bloomberg - Paywall) Microsoft Is in Exclusive Talks to Acquire Discord (WSJ) M&A Minute ByteDance acquires gaming studio Moonton at around $4 billion valuation: sources (Reuters) 2K and Visual Concepts Acquire HookBang Game Division MTG acquires leading tower defense gaming studio and publisher Ninja Kiwi, the maker of Bloons Amazon Games Opens Development Studio in Montreal (Amazon Games) STUDIO'S ROOTS AND ACTIVITIES (Ashborne Games) Mobile monetization firm IronSource will go public through SPAC at $11.1 billion valuation (GamesBeat) Social gaming platform Rec Room raises $100M at $1.25B valuation (GamesBeat) HiDef raises $9m for metaverse project (GamesIndustry) Frost Giant Studios raises $5 million (GamesIndustry)