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How well have past GOTY winners sold?
We’re less than two months away from 2026’s The Game Awards, and what a year it’s been for fantastic games, including Resident Evil Requiem, Forza Horizon 6, Slay the Spire II, the Blood of Dawnwalker, and Control Resonant – just to name a few. So as we approach the end of the year, we thought we’d look back on our estimates for the GOTY winners of the past four years. In terms of revenue, Elden Ring (2022 winner), Baldur’s Gate 3 (2023), Astro Bot (2024), and Expedition 33 (2025) have generated a combined $3.8B via 73M copies sold: Let’s have a look, then. Elden Ring has generated $2B in revenue Elden Ring is a phenomenon in every sense. It’s sold a whopping 36.4M copies across Steam (50%), PS5 (35%), and Xbox (15% across console and PC). Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Elden Ring also just passed an astronomical milestone: $2B in revenue. While PlayStation and Xbox account for half of Elden Ring’s copies sold across these three platforms, they account for 57.5% of revenue. This – as ever – is due to regional pricing and the higher relative share of PC gamers in lower-priced markets. For example, around 17.4% of Elden Ring’s Steam copies sold were in China, where the game costs about 26% less than the price in the States. There’s an … interesting narrative going around these days that console gamers are only interested in ball-and-gun games and have the patience for little else. Well, Elden Ring’s impressive sales prove that is simply not true, and across all platforms. What’s more, over 9.8M people have played Elden Ring for over 100 hours, with nearly 3.5M people getting all of the achievements and trophies. For reference, 10.9% of Elden Ring’s PlayStation players have the platinum trophy, while 10.5% of players on Steam and 3.9% of Xbox players unlocked all the achievements. Git gud, Xbox players! Of the 1.5M people who played Elden Ring on PlayStation last month, 4% also played Dark Souls 3 last month, 4% played Bloodborne, and 3% played Sekiro. There’s those Soulsborne diehards for you. By many accounts, including my own, Elden Ring is one of the best games of all time. It’s an evergreen seller that will continue to be a cash cow for Bandai and FromSoftware for years to come. Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Elden Ring has sold another 2M copies across Steam, PlayStation, and Xbox this year, generating almost $110M. This means it’s outperforming many of this year’s high-profile releases. Even Elden Ring’s standalone run-based PvE spinoff, 2025’s Nightreign, has sold 7.8M copies and generated $282M in revenue. Baldur’s Gate 3 is another billion-dollar-plus banger Another cross-platform phenomenon is Baldur’s Gate 3, which has sold 23.2M copies and generated over $1.2B in revenue. About 18.7M of these copies (80.6%) are via Steam, 2.9M via PS5 (12.7%), and 1.6M (6.8%) via Xbox. Around 1.3M folks on Steam bought BG3 before it hit 1.0. The PlayStation version launched about a month after the PC 1.0 release, while the Xbox version came four months later due to technical issues around developing local co-op on the Series S. Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Across platforms, Baldur’s Gate 3’s monthly active users have never dropped below 2M, including 2.2M MAUs last month (68.5% on Steam, 21.9% on PS5, and 9.6% on Xbox). And it still regularly brings in 280K to 400K players every day: About 1% of BG3’s Steam player base has played for over 500 hours! That’s a little under 200K people. Astro Bot is also an evergreen seller, albeit a more niche, family one Astro Bot, 2024’s winner, has now sold 4.7M copies and generated $291M in revenue. The budget, including marketing, is almost certainly under $100M, given the small Japan-based core team and three-year dev timeline. You can really see why the tides are changing toward less expensive hubs. Astro Bot is the only first-party winner on this list, but follows other first-party winners of The Last of Us Part II (2020’s winner), God of War (2018), and Breath of the Wild (2017). Around 46.6% of Astro Bot’s copies sold have been physical, which is far higher than the typical game. This makes sense for a couple of reasons: There’s a large family audience for this one, and physical boxes are an item to wrap when giving Astro as a gift. Astro has collector value for the PlayStation core (this is nostalgia-fueled platformer celebrating PlayStation’s history) Want more free estimates and insights in your inbox twice a week? Subscribe below! Subscribe Astro is another one of those games that continues selling over time, regularly selling more than 100K a month. It’s sold around 1M more copies this year ($60M in revenue) and is a popular title with families. We can see this using the Alinea platform’s MAU crossover tool: Astro Bot’s top #2, #3, and #4 games by crossover in any given month this year are Minecraft, Fortnite, and Roblox – without fail. The #1 title every month, though, is Astro’s Playroom, a pack-in with all PS5 consoles. For every month this year, between 20% and 30% of Astro Bot players also played Astro’s Playroom that month. So the free pack-in is a noice funnel for converting players to a full paid product. Expedition 33 sells 8.7M despite Game Pass cannibalisation Finally, we have last year’s winner – Expedition 33. The turn-based-RPG banger has generated $366M via 8.7M copies sold, with 58.8% on Steam, 35.7% on PS5, and 5.5% on Xbox. Xbox’s share of copies sold is this low due to Expedition 33 launching on Game Pass, where 4.3M people across console and PC accessed the game. A little under 700K Xbox players used their subscription to play Expedition 33 this year. That said, the game’s 1.5-year Game Pass deal ended last week on October 16, and we’re already beginning to see a positive trend on Expedition 33’s copies sold via Xbox (but the jury’s still out!). There’s understandably a lot of French pride behind this one, as France is the game’s #3 market on both Steam and PlayStation. Vive la France! One thing that stood out to me is that the GOTY winners aren’t $300M Hollywood productions made in the US. They’re mostly mid-budget studios outside the traditional AAA cost centres. Lots to think about there. Also, good games sell well; who’d have thunk it!? And there’s a whole load of them this year, with GTA 6 still to come, too. GTA just made the cutoff point for the VGAs this year. What a coincidence! Loading... Cool links and other stuff Our physical games newsletter from Tuesday was picked up by GameSpot, Eurogamer, TweakTown, and a bunch of others. We’re offering a free trial of our platform for games companies. Send us a message here, or reply right here on Substack/email, and we’ll set you up. Next week, we’ve got some exciting news regarding the future of our newsletter, so stay tuned! The last word Reply to this email – or reach out here – if you have any feedback for the newsletter – or want to request a game for us to cover. Want to see why these companies (and many others) are subscribed to Alinea? Get a free platform trial! [Alinea Analytics boasts the most accurate PC and console estimates in the business. Game makers use our platform to understand their audience, keep an eye on the competition, monitor sales trends, and spot new opportunities. We equip game studios and financial institutions with accurate data and the confidence to make smarter, data-driven decisions. Want to talk about all things games market data? We’d love to chat!]
Applications Open for County College of Morris Artificial Intelligence and Data Science Apprenticeship
MORRIS COUNTY — County College of Morris (CCM) is accepting applications through Monday, November 2, for the next cohort of its Artificial Intelligence (AI) and Data Science Apprenticeship, offering CCM students and adult learners living in New Jersey an opportunity to gain paid, hands-on experience while preparing for a career in the fast-growing fields of […]
Democratic Virginia state Sen. Lucas accused of leading marijuana criminal conspiracy
U.S Attorney General Todd Blanche says a powerful Democratic Virginia state senator was charged with leading a criminal marijuana enterprise.
Democratic Virginia state Sen. Lucas accused of leading marijuana criminal conspiracy
U.S Attorney General Todd Blanche says a powerful Democratic Virginia state senator was charged with leading a criminal marijuana enterprise.
‘A vicious cycle’: Schools ban pouches that have as much caffeine as two cups of coffee—causing stunted ‘development and mental health’ for students
Caffeine pouches, small packets placed in the mouth between the lip and gum, are marketed as a portable and discreet way to boost energy and focus.
Roaming Tap provides mobile keg solution for gatherings
A Sioux Falls couple who wanted to explore entrepreneurship have started with The Roaming Tap Co., a rentable custom-built trailer with four taps that can dispense any beverage sold in a keg.
Pro-Israel lobby AIPAC to no longer endorse, directly give to candidates
But the pro-Israel lobby is not relinquishing its political power, evidenced by its move to give more than $9 million to support Mike Rogers in Michigan Senate race.
World's first round-trip mission to Mars has launched — why it could be a 'transformative leap' for science
The Martian Moons Exploration (MMX) mission, which launched from Japan on Oct. 19, is on its way to Mars. When it arrives, the probe will attempt to land on one of the Red Planet's twin moons and scoop up rocks to bring back to Earth. Experts tell Live Science what these "transformative" samples could teach us.
ASHG President Susan Slaugenhaupt Calls for Hope, Leadership, and Communication in Science
ASHG President Susan Slaugenhaupt, PhD, opened the society’s Montreal meeting with a heartfelt address of hope, leadership, and communication.
Pennsylvania Department of Health issues measles alert for pregnant women
The Pennsylvania Department of Health has issued an alert giving healthcare providers guidance for caring for pregnant patients.
'Mass Effect Universe' Trailer Leaks A Day After BioWare Shutters
A short clip teases what is essentially Mass Effect 5
‘Halloween Baking Championship’ winners: Where are they now?
They came, they baked, they conquered. Catch up with all 11 past winners of Food Network’s ‘Halloween Baking Championship’ and see where their sweet victories have taken them.
HVAC issue ignites fire at business on Marketplace Drive in Hampton
HAMPTON, Va. (WAVY) – Crews in Hampton responded to a business fire Thursday morning. According to officials, firefighters were called to that fire, in the 100 block of Marketplace Drive, jus…
As Trump's support slips, white evangelicals remain his Republican bedrock
Polling and interviews show they remain his most reliable constituency
Healthcare shouldn’t be so hard; health literacy can help
OPINION — A visit to the doctor may get you a diagnosis. A trip to the pharmacist fills the needed prescription. Your health plan has all sorts of information about benefits. Healthcare. Straightforward and easy to understand, right? Eye roll. Laugh stifled.
"The Diplomat" reminds us that political couples used to be smart
Netflix’s hit drama recalls eras when presidents and their spouses were intellectual equals
Microsoft shuts down its beloved maker space
A key part of Microsoft’s hacker culture is going away
Chris Pratt confirms Star-Lord will return to Marvel Cinematic Universe
Chris Pratt attends the 'Guardians of the Galaxy Vol. 3' World Premiere at the Dolby Theatre in Hollywood, California on April 27, 2023. (Photo by Rich Polk/Getty Images for Disney)
Chvrches announces new album and 2027 North American tour
ANAHEIM, Calif. — Scottish synth-pop trio Chvrches returns to Southern California next spring, with concerts at the Observatory North Park in San Diego on March 12 and the Hollywood Palladium
Kroger's 3,000 Corporate Job Cuts Made the News, But the Real Test Is What It Does With the Savings
Cutting costs strengthens a business when the savings are reinvested in better operations, happier customers, and long-term value creation.
National Leadership Role for UConn Health’s Dr. Marja Hurley
Starting 1-year term as president of American Society for Bone and Mineral Research
Funding Cuts Push Global Health Partnerships Toward Local Ownership
Speakers at IDWeek 2026 urged shifting global health partnerships from donor-recipient models to shared, locally led ownership as funding contracts.
This Is Why You Don't Peel Off the iPhone Duo's Matte Screen Layer
A viral video shows how the iPhone Duo's nano-texture layer makes the foldable screen much more pleasant to look at than Android foldables.
TxDOT, RGV Business Leaders Tackle Overweight Truck Corridor Dilemma at Infrastructure Summit
TxDOT leaders Alex Meade, Pete Alvarez, and Brian Barth discuss a hot topic at RGV Partnership summit.
TxDOT, RGV Business Leaders Tackle Overweight Truck Corridor Dilemma at Infrastructure Summit
TxDOT leaders Alex Meade, Pete Alvarez, and Brian Barth discuss a hot topic at RGV Partnership summit.
Sun Prairie arts organizations receive county grants
Dane County Executive Melissa Agard and the Dane County Arts and Cultural Affairs Commission have announced that 70 grants totaling $96,750 have been awarded to local organizations supporting arts, history,
Larry Gies pledges $100M matching gift to Gies College of Business
CHAMPAIGN, Ill. (WICS/WRSP) - Larry Gies has announced a new pledge of $100 million to Gies College of Business in Champaign.
Selective partnerships define Scottie Scheffler’s off-course business strategy
Scottie Scheffler’s endorsement strategy prioritizes select, values-aligned partners over volume, resulting in $30M annually off the course versus $50M in PGA Tour earnings, a rare split among elite athletes.
Launch Family Entertainment Names John Palumbo VP of Franchise Development
Launch Family Entertainment (Launch), a premier indoor family entertainment concept, has named John Palumbo Vice President of Franchise Development as the brand strengthens its leadership team and advances its national growth strategy. Palumbo brings nearly two decades of franchise development experience and an early-career foundation in sports and recreation operations. He began his career in athletic administration […]
Four advantages MacBook Pro redesign will have over current model
A big redesign is coming to the MacBook Pro next week, with at least four rumored advantages compared to current models.
Alexis Levine presents theory for why only women have been voted out of ‘Survivor 51’
Alexis Levine presents her theory for why only women have been voted out of ‘Survivor 51’ and reveals a crazy, bloody scene that did not make it to air.
Joel Klatt says Big Ten-SEC football challenge is imminent
The Big Ten and SEC run college football, but as the sport tries to chart its future, the two sides haven’t found much in common. Until now? After an exhausting period of negotiations, brinksmanship, and fan unrest, college football is moving towards a 24-team College Football Playoff. The Big Ten had held out against the…
The Pollwatcher: Another fraudulent pollster is out of business, and a third group just disappeared
Why a fake poll got into mainstream poll trackers, how it was discovered and the common thread behind both fake poll scandals this year.
Billie Lourd mourns mom Carrie Fisher on her posthumous 70th birthday
NEW YORK — Billie Lourd would have loved to celebrate her mother Carrie Fisher’s 70th birthday with joy, but instead found herself bereft all over again on Wednesday, 10 years
PACK EXPO International 2026 Delivers Innovation, Connections, and Business Opportunities in Chicago
The largest, most comprehensive packaging and processing event in North America brings together the industry for four days of technology discovery, education, and business connections.
Sponsored: Celebrating Nuclear Science Week
Nuclear energy plays an important role in powering our communities. This week, Entergy is celebrating the science, innovation and skilled professionals who help deliver reliable energy to Louisiana and beyond.
Apple’s Magic Keyboards for iPad are about half off, with a small catch
They have 90-day warranties, but are “pristine.”
'Heated Rivalry' is coming to movie theaters
‘Heated Rivalry’ theater release poster (Regal)
‘Carrie’ season 2 renewed after Mike Flanagan teased 3-season plan
‘Carrie’ season 2 is officially a go after Mike Flanagan teased a 3-season plan for his adaptation of the famed Stephen King novel.
Partnership opens nominations for 2027-28 DSM Fellowship Program
The Greater Des Moines Partnership is accepting employer nominations for its 2027-28 DSM Fellowship Program, a 15-month professional development initiative designed to help early-career professionals strengthen their leadership skills and build connections throughout the region. The program offers mentorship, networking, community engagement and professional development opportunities. Employers may nominate individuals with three to seven years…
Love Is Blind’s Sarah addresses conflicts with John over anger issues, politics
‘Love Is Blind’ season 11 star Sarah spoke to EW about John’s reaction to his phone bill, and how their politics could affect their relationship.
Baton Rouge startup selected for national health tech competition
Baton Rouge health technology startup Chrysalis is among 15 teams selected to participate in a national competition focused on using AI to help people living with chronic, difficult-to-diagnose illnesses. The company, co-founded by husband-and-wife duo Brent and Brittany Martin, will present its flagship product, Chrysalis Health Spaces, Thursday afternoon during the final demonstration of the […]
'Just wrong': Ohio Gov. Mike DeWine tells Ramaswamy to immediately take down controversial ad
Ohio Gov. Mike DeWine is telling Republican candidate for governor Vivek Ramaswamy to pull down his controversial ad featuring Democrat Dr. Amy Acton's estranged mother.
Entertainment this week: Tahoe City Zombie Crawl, Steely Dead and more
Friday, October 23 2026 Business Walks – Incline Village. Description Tahoe Property Center October 19-23, the Tahoe Prosperity Center and partners from across the region will visit businesses around the Lake for the 2026 Tahoe...
Downtown Greenfield star sponsorships now available for small businesses
The Greenfield Business Association has opened orders for its annual holiday star sponsorship program in downtown Greenfield.
‘Klara and the Sun’ review: Film adaptation lacks novel’s poignancy
Maybe some books just shouldn’t become movies. Kazuo Ishiguro’s bestselling 2021 novel “Klara and the Sun” was a work of rare poignancy — though not rare for Ishiguro, whose elegant
Red Wings Call Up Michal Postava for West Coast Trip
The Griffins' coach says Michal Postava is joining Detroit's road trip, and nobody has said why. #RedWings
Jenna Ortega on moving beyond her 'Wednesday' image and embracing optimism
If Jenna Ortega ever enthusiastically shows you a stick, there's a meaningful life philosophy behind it.
'Looksmaxxing' influencer Clavicular pleads not guilty to rape charge
"Manosphere" streamer Clavicular has pleaded not guilty in his Massachusetts rape case.
Kristen Bell opens up about motherhood struggles
Raising kids is never easy, but Kristen Bell is going through the terrible teens.
Artist of bird at center of Kelly Clarkson feud speaks out
Bliss Kolb, the creator behind the now-$15 million wooden singing bird at the center of Kelly Clarkson's feud with a New York City specialty shop, is speaking out.
UA-PTC lands $3 million healthcare workforce training grant
The University of Arkansas – Pulaski Technical College (UA-PTC) has been awarded a five-year grant of nearly $3 million to boost the healthcare workforce. The $2,997,621 Strengthening Institutions Program (SIP)...
James Patterson is writing a romantasy with this Scottish author
Like millions of readers worldwide, James Patterson loves Sarah J. Maas' "A Court of Thorns and Roses" and Rebecca Yarros' "Fourth Wing."
Apple Will Label Apps 'Made for iPhone Duo' in App Store
In its press release highlighting apps that have been optimized for the iPhone Duo, Apple said the App Store will label apps that are "Made for iPhone Duo". In order for an app to be optimized for the iPhone Duo, the developer needs to build it with the iOS 27.1 SDK or later. Apps optimized for the iPhone Duo fill the entire inner display, and the app's toolbar appears vertically below the status bar.
PCA's 14th annual Senior Strut promotes healthy aging and community among older adults
Philadelphia Corporation for Aging hosts activities throughout the year to promote healthy aging and create community. In this week's Art of Aging, we catch up with some participants who got to walk and talk down Kelly Drive at what might be considered PCA's favorite outdoor event.
Indigenous tourism awards recognize professionals, artisans and emerging leaders
The American Indigenous Tourism Association honored tourism professionals, entrepreneurs and artisans at its 2026 Excellence in Indigenous Tourism Awards, presented Oct. 21 in Tulalip, Wash. Gary Snow (Mandan, Hidatsa and Arikara Nation), Earth Lodge Village supervisor for MHA Nation Tourism, received the Industry Professional of the Year award. His work includes partnerships with state and […]
Women who changed science missing from GCSE and A-level courses
Despite social, economic and institutional barriers limiting women’s formal participation in science, they made numerous key breakthroughs.
Leaker reveals larger iPhone Duo details, possible Telephoto camera
Today on Mark Gurman’s Power On podcast, the prolific leaker offered fresh insights into several features in the works for...
Munich Re expands CEO Blunck’s leadership role
Germany-based Munich Reinsurance Company has appointed Thomas Blunck to lead its property and casualty reinsurance business in Europe and Latin America, effective Nov. 1, while retaining his role as…
Through pioneers and slow progress, America's relationship to women's sports continues to evolve
LOS ANGELES (AP) — Athletes and fans of women's sports across the United States have found no shortage of reasons to celebrate: historic TV ratings, changing attitudes toward female players, high-profile wins for equal opportunities and pay.
Ouachita Basketball Homecoming (October 2026)
Click here to view this image from malvern-online.com.
Through Pioneers and Slow Progress, America's Relationship to Women's Sports Continues to Evolve
LOS ANGELES (AP) — Athletes and fans of women's sports across the United States have found no shortage of reasons to celebrate: historic TV ratings, changing attitudes toward female players, high-profile wins for equal opportunities and pay. After decades of disparity and sometimes outright scorn ...
Sokaogon partners on workforce training for $72M broadband network
A new broadband workforce partnership will launch in spring 2027 to support a $72 million tribally owned fiber network planned for northern Wisconsin. The Sokaogon Chippewa Community, Nicolet College and the Wisconsin Department of Workforce Development’s Bureau of Apprenticeship Standards are developing the one-year broadband service technician apprenticeship. The program combines 2,000 hours of on-the-job […]
Partnership is the key to small business success
Greater Rochester Chamber of Commerce highlights how partnerships accelerate small business success and regional economic growth through collaboration and innovation.
The YMCA and Center Theatre Group partner on live theater
The Center Theatre Group (soon to show 'Oh, Mary!') and L.A.'s YMCA have joined forces to bring live theater to the whole city with 'Every Age. Every Stage.'
Landers Center to announce new sports partnership in Southaven
Leaders with the sports league, DeSoto County and the City of Southaven will hold a 9 a.m. news conference to detail what the deal means for sports and entertainment across the Mid-South.
Federal agents descend on Tarzana as part of bust on alleged health care fraud; 1 in custody
One person was taken into custody in Tarzana Thursday morning as part of a federal crackdown on health care fraud in California.
YouTube says it’s not hiding the dislike button – this is what’s actually happening
Reports of YouTube moving the dislike button behind a menu have been showing up lately but, according to YouTube itself,...
Everett's Music Barn to host fall fundraiser this weekend
If you enjoy bluegrass music, Suwanee is the place to be this weekend.
US pulls diplomats from Saudi as Houthi and Iran tensions worsen
The U.S. ordered some diplomats and their families to leave Saudi Arabia because of the threat from Houthi militants, as the Iran-backed group carried out more strikes from Yemen. At
Apple will label apps that are ‘Made for iPhone Duo’
A new Duo badge will appear across the App Store.
FDA has finalized its guidance on apps related to drugs
In this edition of STAT Health Tech: FDA's guidance on prescription drug use-related software, and telehealth pushing GLP-1s for addiction.
Caterpillar Names Derrick York to Lead Mining Business
Solar Turbines President Derrick York will lead Caterpillar Resource Industries on Nov. 1 as Denise Johnson moves to an advisory role ahead of retirement.
Apple Reveals More Than 50 Apps That Will Be Updated for iPhone Duo
Apple today highlighted more than 50 third-party App Store apps that are or will soon be fully optimized for the iPhone Duo and its various layouts and poses.
Reeves announces second round funding for Mississippi's Rural Health Transformation Program
More than 370 applications were received in the second round, of which nearly 60 projects were approved totaling $32.6 million in funding. The third application period is now open, with a focus on modernizing the electronic health record systems in Mississippi.
1Password lets AI agents use your passwords without seeing them
Just grant the agent access approval and it’ll sign into your accounts to complete tasks.
Carrie-Anne Moss won’t return for ‘Daredevil: Born Again’ season 3 (exclusive)
Carrie-Anne Moss says Marvel didn’t invite her back for ‘Daredevil: Born Again’ season 3, but she is reuniting with ‘Jessica Jones’ star Krysten Ritter on a new project.
Dr. Daniel Edney named president of national public health organization
State Health Officer Dr. Dan Edney will lead the Association of State and Territorial Health Officials for a one-year term while continuing to lead the Mississippi State Department of Health.
This founder built the RV he wanted for ski trips. It led to a $20 million business
Jim Ritchie felt that RVs looked like ‘1980s Vegas.’ His hybrid vehicle company, AEONrv, grew 4,231 percent in three years.
Why Katseye's Victoria's Secret Fashion Show performance is causing uproar
Katseye delivered the tunes at the Victoria's Secret Fashion Show, but their performance is striking a sour note off the runway.
Liverpool Injury News: Szoboszlai, Munoz, and Frimpong Latest
Liverpool fans have been provided with a series of fitness updates following the team's pre-Brighton training session this morning. Multiple players face a race against time to be fit for the weekend's Premier League clash, with others set for longer layoffs.
Trump, tariffs and health care: Takeaways from two Senate debates
Michigan and Kansas Senate candidates clashed over Trump, the economy and health care in high-stakes debates ahead of Election Day.
Go behind stories of sport with legendary television producer
The Reed School of Media and Communications and the School of Sport Sciences will host sports producer John “Flip” Filipelli for “From the Control Room to the Corner Office: A Life Behind the Stories of Sport” at 5 p.m. Wednesday, Nov. 4, in the Media Innovation Center.
A Typography Geek Pointed Out Something About The Space Shuttle Discovery And Now I Can't Unsee It
Even though I was born in the Apollo Era, barely, the spacecraft that I think had the most influence on my childhood had to be the Space Shuttles. I remember poring over diagrams and drawings of the shuttles in National Geographic foldouts, where they even took my attention from the Forbidden Nipples seen on some of the […]
Oliver Hudson gets yelled at on “Special Forces”: ‘What’s wrong with you?’
The actor had a bit of an attitude with the DS in EW’s exclusive clip.
U.S. Figure Skating Announces Partnership with Feld Entertainment to Support the Future of Professional Skating Careers
U.S. Figure Skating is proud to announce its partnership with Feld Entertainment, the producer of Disney On Ice and the largest employer of professional ice skaters in the world.
Introspection required if EU Inc fails, says start-up lobbyist
European start-ups have a new voice in Brussels. Startups for Europe, created from the merger of lobby groups Allied for Startups and the European Startup Network, is hoping to harness the momentum behind EU-Inc, a campaign that united start-ups and investors behind demands for a new pan-European company regime.At a launch event for the new association in Brussels on October 1, the mood was remarkably upbeat compared to a typical Eurobubble gathering, more Silicon Valley than Schuman roundabout.When asked whether this reflects a feeling that Europe is on the right track, chief executive Serena Borbotti-Frison said it’s a “scary” moment as the continent looks to boost its competitiveness amid a new technological arms race.“What is at stake is quite intense, and the way we can answer is by delivering, but also with hope,” she told Science|Business. “It’s what our industry does. It’s not about identifying a pain point and then saying it’s too hard.”For many in the start-up community, that sense of hope is dwindling. In March, the European Commission presented its proposal for EU Inc, naming its initiative after the grassroots campaign.EU Inc was meant to be a gamechanger: the ability to incorporate within 48 hours for less than €100 and scale up across Europe; a harmonised stock option regime enabling start-ups to compete for talent; and simplified insolvency procedures for innovative start-ups to reduce the cost of failure.However, haggling by EU governments has raised concerns that EU Inc will be stripped of the very features, including stock option harmonisation, that are meant to make it attractive for companies.“I fear we are proving to ourselves that the model doesn’t work,” Borbotti-Frison said of the policymaking process. “Everyone agrees we should have EU Inc. Everyone agrees it’s hard to scale and we need to scale to answer the competitiveness [challenge], and still we cannot deliver? [. . .] What does that say about ourselves?”The Commission has made EU Inc a cornerstone of its single market reform, and has agreed with the European Parliament and the Council of the EU to target an agreement by the end of 2026. However, several points are currently holding up an agreement, including national rules around employee participation in management decisions, and the provision that employee stock options always be taxed at the point of sale. Some EU governments have reportedly pushed back on the Commission’s choice of legal basis, contending that anything related to taxation requires unanimity in the Council.Trade unions have also protested against EU Inc, fearing it will be exploited by companies looking to undermine workers’ rights.“If this doesn’t work, it’s introspection time, on the way our institutions work, maybe the way our lobbies work, and maybe the way the cooperation between them works,” Borbotti-Frison said.“Is it in the national interest? Is it a gap between political will and technical ability to operate? Is it speed? I don't know, but something needs to be fixed.”Ahead of last week’s European Council meeting, EU-Inc campaigners tried a new strategy: appealing directly to EU presidents and prime ministers. In an open letter, they urged EU leaders to “step in and give your negotiating teams a clear mandate to change course and reverse their objections to the Commission’s original proposal.”Lessons from EU-IncLike its predecessors, Startups for Europe will represent national start-up associations, but it is also targeting investors. The founding sponsors are venture capital firm Atomico and EQT, the investor selected earlier this year to manage the €5 billion Scaleup Europe Fund.It also wants to harness the knowledge and cross-border experience of European success stories. “Take the list of the 100 biggest unicorns in Europe. We are speaking to all of them,” Borbotti-Frison said. The association plans to publish a full list of supporters following the Slush tech conference in Helsinki in November.Andreas Klinger and Simon Schaefer, two key figures in the EU-Inc campaign, are both on the board of the new association, and Startups for Europe wants to take the lessons from their campaign.What was unprecedented about EU-Inc was “how rooted it was, and how strong it was in bringing everyone on board behind one clear pain point and solution to fix it,” Borbotti-Frison said. “This is an inspiration for us, and then we need to turn it into something more systematic, more bridged in Brussels, more connected to the policymaking game, and to scale it.”If it’s possible to unite such a broad coalition, it’s because the European start-up ecosystem is now mature, she said. “Maybe it was not ten years ago. Maybe it was not five years ago. But now, it’s mature to speak with one voice.”Open and liberal EuropeThe association plans to campaign on files related to three “pain points,” Borbotti-Frison said: “start and scale in Europe, fundraise and invest in Europe, and making Europe the most innovative continent.”As well as EU Inc, she cited public procurement, the EU’s simplification push, the Savings and Investments Union, and files related to AI adoption and technological sovereignty as priorities for the coming months.What these files have in common is that they relate not to subsidies but to the framework conditions influencing the availability of mostly private, or in the case of procurement, public, funding.Related articlesEmployee participation disagreement delays MEPs’ vote on EU IncCommission urges EU governments not to water down EU IncEU’s ‘ultra-fast’ €5B scale-up fund is set up to win, says its fund managerThe budget dispute over the next Horizon Europe programme will also impact start-ups, which are supported notably through the European Innovation Council. But EU innovation funding is a drop in the ocean compared to venture capital and public procurement budgets.“If competitiveness and innovation are a priority, then the [EU budget] should reflect it,” Borbotti-Frison said. However, she added that the main question is not how much public money is invested, but “how do we create the right conditions for the market to solve the problem?”The Scaleup Europe Fund mixes both approaches, using €1 billion in EU funding to crowd in private investors and address Europe’s lack of large-scale, late-stage growth funds. “It’s a proof of concept. Ideally, then the market will do it itself,” Borbotti-Frison said.Startups for Europe is also focused on bringing an alternative political narrative. Amid competing visions for open, global markets on the one side and a protectionist Europe on the other, it wants to offer “a third voice, to say we can be proudly European and build a strong continent in a liberal economy, open to the world, and global.”It can be tempting, when thinking about how Europe can better support innovation, to look across the Atlantic. But while it’s important to compare statistics to see where Europe needs to catch up, that’s where the comparison should stop, Borbotti-Frison said. “On everything else, we need to do it our own way. We don't have the same history. We don't have the same political model. We don't have the same way of life.”Many of the key files that could benefit the start-up community, including EU Inc and the Savings and Investments Union, rely on closer integration within Europe, making it easier to operate across borders.While the Commission has made deepening the single market a political priority, support at national level is more precarious. The coming months will see pivotal elections in Spain and France, while the German government has also been coming under pressure domestically. In each country, far-right parties have been gaining ground.When asked if she was concerned the political situation could jeopardise this progress, Borbotti-Frison responded: “Of course. I would be lying if I said I wasn’t.” However, she continues to believe that cooperation is the only way forward. “Doing it alone is not the solution. It’s also not who we are, it’s not the model we are building, and it’s not the scale we need.”
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