VG247

VG247 is a news website that provides coverage of the video game industry. The site features news articles, reviews, and guides written by a team of experienced journalists. The site has a strong focus on providing in-depth analysis and discussion of the biggest topics in video games. While the site does have some advertising and sponsored content, it maintains editorial independence and integrity.

86%

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

95%

Examples:

  • VG247 is designed to be a kick-ass, no BS destination for discussion of the biggest topics in video games.

Conflicts of Interest

85%

Examples:

  • The entire VG247 team works remotely - so if you want to send something to the team, you should reach out via email.
  • VG247 is owned by Gamer Network Limited, a ReedPop company and subsidiary of Reed Exhibitions Limited.

Contradictions

85%

Examples:

  • Approximately 580 jobs will be cut as part of the cost reduction program.
  • The plans were revealed via an SEC filing.
  • This cost slashing is designed to identify efficiencies across its business and enhance the company’s margin profile, while still investing for growth.

Deceptions

80%

Examples:

  • So, what does that mean? Well, around 580 people - of the 11,500 or so that were cited as making up Take-Two’s total headcount the last time that was reported by the company - are set to lose their jobs by the end of 2024.
  • The plans were revealed via an SEC filing.
  • This cost slashing is designed to identify efficiencies across its business and enhance the company’s margin profile, while still investing for growth.

Recent Articles

  • Take-Two Interactive Announces Cost Reduction Program: 5% Workforce Layoffs, Project Cancellations Save $165M Yearly

    Take-Two Interactive Announces Cost Reduction Program: 5% Workforce Layoffs, Project Cancellations Save $165M Yearly

    Broke On: Tuesday, 16 April 2024 Take-Two Interactive, with around 11,580 employees, announces a cost reduction program including layoffs and project cancellations affecting about 5% of its workforce or approximately 580 employees. The company aims to save over $165 million annually and incur up to $200 million in charges. This is the third such program since February 2023 for Take-Two, which reported net losses for seven consecutive quarters and is currently purchasing Gearbox for $460 million. The gaming industry has seen mass layoffs since 2023.
  • Apple TV+ and Apple Arcade Announce Price Increase Alongside New Shows

    Broke On: Sunday, 01 October 2023 Apple TV+ and Apple Arcade are increasing their monthly subscription prices to $5.99 from October 2023. Apple TV+ is launching three new shows: `The Morning Show` Season 3, `Foundation` Season 2, and `Invasion`.