Episode 86: Is Warner Bros Interactive Headed for an M&A Feeding Frenzy? (News Show)
Virtual Economy - A podcast by Michael Futter and Amanda Farough
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The news of WarnerMedia’s merger with Discovery has left questions about WB Interactive. Some studios are reportedly staying with AT&T (which wants out of original content), and we don’t know yet if Discovery has any interest in staying in the games business. We could be looking at an M&A feeding frenzy for WBIE’s 11 owned studios in the coming months. Also: Take-Two and Embracer earnings, Twitch PR stumbles, and the last week of Epic v Apple. You can support Virtual Economy’s growth via our Ko-Fi at ko-fi.com/virtualeconomy TIME STAMPS [00:00:54] - Epic v Apple Week 3 Recap [00:13:39] - Take-Two FY2021 Earnings [00:30:46] - Embracer Group FY2021 Earnings [00:38:58] - Investment Interlude [00:53:35] - Quick Hits [01:08:19] - Listener Question about Konami [01:11:41] - Twitch and The Hot Tub Meta [01:26:49] - Twitch Creator Tags [01:33:47] - What’s going to happen to Warner Bros. Interactive? SOURCES Take-Two Earnings for FY2021 Embracer Group Earnings for FY2021 How the New Pools, Hot Tubs & Beaches Category will Work (Twitch) Celebrate Yourself and Your Community with 350+ New Tags (Twitch) What Does the WarnerMedia and Discovery Deal Mean For You? (IGN) INVESTMENT INTERLUDE Kasedo Games is now the majority shareholder in Bulwark Studios (MCV) MADFINGER Games Secures €5 Million in Funding from Nuverse to Build the Future of Mobile Gaming Bad Robot Games Announces $40+ Million Series B Raise… Video Games publisher eyes £1bn London Listing (The Telegraph - Paywall) Ex-Monolith VP Kevin Stephens starting new EA studio (GamesIndustry) Leading Mobile Entertainment Company Jam City to Become Publicly Traded Company Through Merger with DPCM Capital, Inc. FOCUS HOME INTERACTIVE Announces the Strong Success of Its Capital Increase for an Amount of €70.35 Million… stillalive studios reveals its first subsidiary in Finland Forte Raises $185M Series A at $1B Valuation Led by Griffin Gaming Partners