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Episode 66: How A Daytrader Reddit War Made GameStop the Biggest News of the Week (News Show)
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By Michael Futter. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
GameStop stock jumped 80% as Redditors threw down with a short-seller analyst firm. We also discuss the Xbox Live price hike, Vicarious Visions’ new home at Blizzard, the EU fining Valve and five publishers, and more.
TIME STAMPS
- [00:01:37] - MGI purchases KingsIsle Entertainment
- [00:08:53] - Opera purchases YoYo Games
- [00:14:05] - Team17 acquires Blacklight Interactive
- [00:17:01] - Tencent makes significant investment in Klei
- [00:20:59] - Steam, five publishers fined by EU for geoblocking
- [00:31:14] - Quick Hits
- [00:45:55] - Listener Question from Pauleto G
- [01:00:16] - Resident Evil Showcase
- [01:13:33] - Vicarious Visions folded into Activision Blizzard
- [01:19:50] - CD Projekt facing a second investor lawsuit
- [01:23:15] - Microsoft faces backlash over (and swiftly retracts) Xbox Live price hike
- [01:35:54] - GameStop’s wacky week and short squeezin’
Sources:
- Media and Games Invest entered into an agreement to acquire U.S. game developer KingsIsle Entertainment Inc... : https://press.mgi.group/correction-of-a-release-from-16012021-0026-cetcest-media-and-games-invest-entered-into-an-agreement-to-acquire-kingsisle-entertainment-inc-for-usd-126m-plus-earn-outs-in-this-context-oaktree-is-subscribing-for-a-eur-25m-share-issue
- Opera opens new video game division and confirms YoYo Games purchase (Gamasutra): https://www.gamasutra.com/view/news/376454/Opera_opens_new_video_game_division_and_confirms_YoYo_Games_purchase.php
- Team 17 acquires Golf With Your Friends franchise for $16.4 million (Gamasutra): https://www.gamasutra.com/view/news/376492/Team_17_acquires_Golf_With_Your_Friends_franchise_for_164_million.php
- Studio Announcement (Klei): https://forums.kleientertainment.com/forums/topic/126355-studio-announcement/
- Antitrust: Commission fines Valve and five publishers of PC video games € 7.8 million for “geo-blocking” practices (European Commission): https://ec.europa.eu/commission/presscorner/detail/en/ip_21_170
- Coding Prodigy Behind Hit Game PUBG Eyes IPO Worth Billions (Bloomberg): https://www.bloomberg.com/amp/news/articles/2021-01-18/coding-prodigy-behind-hit-game-pubg-eyes-ipo-worth-billions
- GDC Showcase: https://gdconf.com/showcase
- LudoNarraCon: LudoNarraCon.com
- Capcom Announces Revision of Consolidated Full-Year Earnings Forecast…: https://www.capcom.co.jp/ir/english/news/html/e210121b.html
- Vicarious Visions merged into Blizzard (GamesIndustry): https://www.gamesindustry.biz/articles/2021-01-22-vicarious-visions-merged-into-blizzard
- CD Projekt faces a second class-action lawsuit over Cyberpunk 2077 (GamesIndustry): https://www.gamesindustry.biz/articles/2021-01-19-cd-projekt-faces-a-second-class-action-lawsuit-over-cyberpunk-2077
- Current report no. 4/2021 (CD Projekt): https://www.cdprojekt.com/en/investors/regulatory-announcements/current-report-no-4-2021/
- People Are Getting 'Cyberpunk 2077' Refunds and Getting to Keep The Game (Vice): https://www.vice.com/en/article/g5bmmx/people-are-getting-cyberpunk-2077-refunds-and-getting-to-keep-the-game
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