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How Innovation and Shifting Consumer Preferences Can Help Feed a Growing Planet It’s a simple question: Will we be able to feed everyone if the population of the planet rises from about 7 billion people today to 9-10 billion in 2050? If you are a student of Thomas Malthus and buy into his Essay on the Principles of Population, then you believe this type of population increase will result in famine and poverty. The good news is that when Malthus published his famous paper in 1798 the global population was only 800 million and despite an almost nine-fold increase in population, his predictions luckily have not been realized. Advances in agriculture, food manufacturing, and food distribution together have increased the efficiency of the global food industry to supply an ever-growing population. But if we look at today’s global food industry, we find that it is unsustainable for future demand in its current format. For the industry to keep up with a 60-70% increase in food demand over the next 30 years, it can’t continue to operate in a ‘business as usual’ mode. What’s wrong? Three main issues plague the global food industry: sustainability, waste, and nutrition. On the sustainability front, agriculture today consumes 70% of surface and groundwater and uses 50% of habitable land while the entire food industry is responsible for up to one-third of human-caused greenhouse gas emissions. Globally, around 1.3 billion tonnes of food — almost one-third of all food produced — gets lost or wasted every year. Malnutrition — in the form of hunger and undernourishment, obesity or micronutrient deficiencies —affects almost 40% of the global population and the impacts on public health and economic development now cost the global economy almost $3.5 trillion per year. Is there a simple answer? No, not simple. But the first step towards a solution is to understand the problem ahead of us — identify the need for more sustainable agriculture, more efficient manufacturing and distribution, and consistent delivery of nutritious food. In the report that follows, we look at ways the industry can use innovation and technology to become more sustainable. In farming, using big data and digital agriculture such as the use of sensors, field monitoring, and aerial imaging as well as new technology in farm equipment and aeroponics can increase sustainability and decrease the amount of land required for food production. New seed technology, feed additives, alternative proteins and biofortification also help increase nutrition. Expanding agriculture in the Southern Hemisphere is also an opportunity as improving yield gaps leads to better sustainability. On the consumer front, a shift towards health and wellness is driving food manufacturers to alter their portfolios to deliver more nutritious, indulgent, safe, and sustainable products. Consumers are also changing the way they shop for food and are becoming more conscious of where their food comes from, leading to increased supply-chain transparency. Can we get there? We think so, but it will require (1) easier access to financing; (2) the removal of distortions in the agriculture and food market; (3) vertical integration across the supply chain; (4) easier and faster access to the market for innovation and technology; (5) better data and information; and (6) better healthier products and a change in diets to continue to prove Malthus wrong.Authors: Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Authors: Elizabeth Curmi, PhD.,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin, PhD.,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Authors: Elizabeth Curmi, PhD.,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin, PhD.,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi, PhD.,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin, PhD.,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,

<h2>How Innovation and Shifting Consumer Preferences Can Help Feed a Growing Planet</h2> <h3>It’s a simple question: Will we be able to feed everyone if the population of the planet rises from about 7 billion people today to 9-10 billion in 2050? If you are a student of Thomas Malthus and buy into his Essay on the Principles of Population, then you believe this type of population increase will result in famine and poverty. The good news is that when Malthus published his famous paper in 1798 the global population was only 800 million and despite an almost nine-fold increase in population, his predictions luckily have not been realized. </h3> Advances in agriculture, food manufacturing, and food distribution together have increased the efficiency of the global food industry to supply an ever-growing population. But if we look at today’s global food industry, we find that it is unsustainable for future demand in its current format. For the industry to keep up with a 60-70% increase in food demand over the next 30 years, it can’t continue to operate in a ‘business as usual’ mode. What’s wrong? Three main issues plague the global food industry: sustainability, waste, and nutrition. On the sustainability front, agriculture today consumes 70% of surface and groundwater and uses 50% of habitable land while the entire food industry is responsible for up to one-third of human-caused greenhouse gas emissions. Globally, around 1.3 billion tonnes of food — almost one-third of all food produced — gets lost or wasted every year. Malnutrition — in the form of hunger and undernourishment, obesity or micronutrient deficiencies —affects almost 40% of the global population and the impacts on public health and economic development now cost the global economy almost $3.5 trillion per year. Is there a simple answer? No, not simple. But the first step towards a solution is to understand the problem ahead of us — identify the need for more sustainable agriculture, more efficient manufacturing and distribution, and consistent delivery of nutritious food. In the report that follows, we look at ways the industry can use innovation and technology to become more sustainable. In farming, using big data and digital agriculture such as the use of sensors, field monitoring, and aerial imaging as well as new technology in farm equipment and aeroponics can increase sustainability and decrease the amount of land required for food production. New seed technology, feed additives, alternative proteins and biofortification also help increase nutrition. Expanding agriculture in the Southern Hemisphere is also an opportunity as improving yield gaps leads to better sustainability. On the consumer front, a shift towards health and wellness is driving food manufacturers to alter their portfolios to deliver more nutritious, indulgent, safe, and sustainable products. Consumers are also changing the way they shop for food and are becoming more conscious of where their food comes from, leading to increased supply-chain transparency. Can we get there? We think so, but it will require (1) easier access to financing; (2) the removal of distortions in the agriculture and food market; (3) vertical integration across the supply chain; (4) easier and faster access to the market for innovation and technology; (5) better data and information; and (6) better healthier products and a change in diets to continue to prove Malthus wrong.Authors: Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Authors: Elizabeth Curmi, PhD.,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin, PhD.,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Authors: Elizabeth Curmi, PhD.,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin, PhD.,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,Authors: Elizabeth Curmi, PhD.,Aakash Doshi,Gregory R Badishkanian,Nick Coulter,David Driscoll, CFA,P.J. Juvekar,Graeme McDonald,Cesar Rojas,Xiaopo Wei, CFA,Ying Qin, PhD.,Thomas P Wrigglesworth,Cedric Besnard,Jamshed Dadabhoy,Daniel Jester,Nobuyoshi Miura,Alexander Robarts,Timothy Thein, CFA,Patrick Yau, CFA,

How Innovation and Shifting Consumer Preferences Can Help Feed a Growing Planet

FEEDING THE FUTURE

Bracing for the Netflix-ization of Gaming What was your first memory of playing video games? Mine was playing Centipede at the local pizzeria. Armed with quarters and enough money for one slice of pizza, we would play until we were either broke or our fingers were sore from firing digital missiles. Eventually my friend got an Atari game system and after months of begging for the same, my Dad caved in and bought us a gaming system – an Intellivision game system. He told us over and over that it was a better system to Atari but it didn’t have all the cool games that my friends played. It was hard sometimes being the daughter of an engineer who cared about technology superiority, but at least the hockey game let you punch people. Game choices moved quickly after that – Tetris on my Macintosh Plus, Donkey Kong on my Nintendo DS, Brickbreaker on my Blackberry, and now Candy Crush on my iPhone. The common constraint through the years was that the games I played continued to be dependent on the device I owned. When the Internet came about, new firms started disrupting traditional media businesses such as newspapers, radio, and television by giving consumers what they wanted, when they wanted, and on the device they wanted. But it didn’t disrupt the video game industry. Game publishers were able to use the Internet to augment their revenues. They used the Internet to increase in-game sales and sell software directly to consumers, and tapped into the smartphone market and the growth of mobile gaming. Are video game publishers immune from disruptive threats? The authors of this report answer with a resounding no. There is a technology on the horizon that has all the characteristics of a disruptive threat to the video game ecosystems — the cloud. The video game ecosystem has been evolving over the last few years — towards group play vs. single play, to in-game monetization vs. software sales, to renting vs. buying hardware, to video games being a spectator sport, and to software being made for all devices vs. software made specifically for hardware. These new trends in the video game industry could make it much easier for the big cloud players to come in and start pulling away revenue. The cloud-based providers will be able to offer low-cost access to cloud-based gaming and a wide array of gaming content. They will also be able to monetize gaming in non-traditional ways that play to their strengths — through in-game monetization, in-game advertising, broadcasting, and digital. For consumers, cloud will make it easier to play games on different platforms and allow players to be device agnostic, hitting pause on a PC game and picking it up again on a mobile device. Game developers will be able to support more devices as compatibility issues decrease between software and hardware. eSports, a $1billion business and growing, will have increased opportunities on the cloud and we believe game publishers will still be able to thrive in the emerging video game world but will have to adapt their business models to ensure they’re positioned appropriately. If the report is right, I may finally be able to play PacMan! If the report is right, I may finally be able to play PacMan! If the report is right, I may finally be able to play PacMan!If the report is right, I may finally be able to play PacMan!If the report is right, I may finally be able to play PacMan!Authors: Authors: Authors: Authors: Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,

<h2>Bracing for the Netflix-ization of Gaming</h2> <h3>What was your first memory of playing video games? Mine was playing Centipede at the local pizzeria. Armed with quarters and enough money for one slice of pizza, we would play until we were either broke or our fingers were sore from firing digital missiles. Eventually my friend got an Atari game system and after months of begging for the same, my Dad caved in and bought us a gaming system – an Intellivision game system. He told us over and over that it was a better system to Atari but it didn’t have all the cool games that my friends played. It was hard sometimes being the daughter of an engineer who cared about technology superiority, but at least the hockey game let you punch people.</h3> Game choices moved quickly after that – Tetris on my Macintosh Plus, Donkey Kong on my Nintendo DS, Brickbreaker on my Blackberry, and now Candy Crush on my iPhone. The common constraint through the years was that the games I played continued to be dependent on the device I owned. When the Internet came about, new firms started disrupting traditional media businesses such as newspapers, radio, and television by giving consumers what they wanted, when they wanted, and on the device they wanted. But it didn’t disrupt the video game industry. Game publishers were able to use the Internet to augment their revenues. They used the Internet to increase in-game sales and sell software directly to consumers, and tapped into the smartphone market and the growth of mobile gaming. Are video game publishers immune from disruptive threats? The authors of this report answer with a resounding no. There is a technology on the horizon that has all the characteristics of a disruptive threat to the video game ecosystems — the cloud. The video game ecosystem has been evolving over the last few years — towards group play vs. single play, to in-game monetization vs. software sales, to renting vs. buying hardware, to video games being a spectator sport, and to software being made for all devices vs. software made specifically for hardware. These new trends in the video game industry could make it much easier for the big cloud players to come in and start pulling away revenue. The cloud-based providers will be able to offer low-cost access to cloud-based gaming and a wide array of gaming content. They will also be able to monetize gaming in non-traditional ways that play to their strengths — through in-game monetization, in-game advertising, broadcasting, and digital. For consumers, cloud will make it easier to play games on different platforms and allow players to be device agnostic, hitting pause on a PC game and picking it up again on a mobile device. Game developers will be able to support more devices as compatibility issues decrease between software and hardware. eSports, a $1billion business and growing, will have increased opportunities on the cloud and we believe game publishers will still be able to thrive in the emerging video game world but will have to adapt their business models to ensure they’re positioned appropriately. If the report is right, I may finally be able to play PacMan! If the report is right, I may finally be able to play PacMan! If the report is right, I may finally be able to play PacMan!If the report is right, I may finally be able to play PacMan!If the report is right, I may finally be able to play PacMan!Authors: Authors: Authors: Authors: Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,Authors: Jason B Bazinet,Thomas A Singlehurst, CFA,Mark May,Walter H Pritchard, CFA,Kota Ezawa,Alicia Yap, CFA,

Bracing for the Netflix-ization of Gaming

VIDEO GAMES: CLOUD INVADERS

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