Three things the video games industry will have to change in 2018.

MiFID2 what now?

On January 13th new banking rules go into effect. Previously brokerage firms that handled transactions from investors in publicly traded shares also provided company research as a courtesy. Known as sell-side analysts, people like Michael Pachter from Wedbush or Doug Creutz from Cowen advise large institutional investors on the performance of companies like EA, Activision Blizzard, Take-Two Interactive, Sony, Nintendo, Microsoft, Tencent, NetEase, and so on. What pays for their services is part of the commission fees that brokerages charge when making transactions.

Michael Pachter, freshly shaven.

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