Some developments are so contradictory that even Jim Cramer throws his hands up in frustration.» Read More
MySpace, the world's largest social networking site, said Tuesday it has signed a music video licensing deal with Sony BMG Music Entertainment supported by sharing advertising revenue.
The domestic box office has been disappointing the past two weekends, especially compared to last year's boffo openings of "The Grudge 2" and "The Departed." But actor/director Tyler Perry came out smiling, his "Why Did I Get Married" comedy from Lions Gate bringing in $21.5 million on what must have been a very small production budget.
With so much attention being paid to the kind of power Apple Inc. wields in the music business--trying to control pricing because of its infinitely popular iTunes online music store--there might be a threat even more serious for the rest of the music industry. And that includes Apple.
It's a big day for Michelle Wie today. It's her 18th birthday as well as her second anniversary from the day she announced she was turning pro. But things are not too rosy for the 6-foot-1 Korean American from Hawaii. Since turning pro she hasn't won any of the 16 LPGA tournaments and she still hasn't made a PGA Tour cut. Too lofty expectations? Perhaps...
Mobile phone maker Sony Ericsson posted higher-than-expected earnings on Thursday but the company's average selling price for its phones showed a steeper-than-forecast decline.
Shares of Sony Financial Holdings , Sony's financial arm, rose 3.8% in their market debut on Thursday, after a $3 billion IPO and amid easing investor worries about the U.S. subprime crisis.
Nintendo said on Wednesday it would start selling its "Wii Fit" home fitness game in Japan in time for the critical year-end shopping season, sending its shares to a record high.
Sony's U.S. video games operation has created an advertising unit that will promote brands and products inside games such as its upcoming "Home" virtual world, the company said Monday.
We're headed into the holiday shopping season and this one will carry a familiar tune from Nintendo: shoppers looking to deck their dens with a new Wii may be out of luck. Again. The New York Post reports another round of Wii shortages on tap during this year's fourth quarter, even as the company has sold 11 million of these consoles worldwide.
Microsoft said Friday that Bungie, the crown jewel of its video game unit that was behind its hit "Halo" franchise, will become an independent company.
You can't say we didn't warn you: Halo 3 is an even bigger success than analysts thought it would be and the numbers are simply staggering. So staggering in fact that the game title alone might be enough to push Microsoft's Xbox 360 into the black for the first time in its history...
Microsoft announced Thursday that its “Halo 3” game achieved more than $300 million in sales in the first week of sales.
Apple, which introduced a new line of iPods in early September, has managed to stay one step ahead of the competition--so far.
Japanese electronics giant Sony and Germany's Bertelsmann won competition clearance from the European Commission on Wednesday for their recorded music joint venture.
The world's top cellphone maker Nokia has signed partnership deals with seven companies including CNN and Sony Pictures to bring video content to its top-of-the-range multimedia phones.
Microsoft's "Halo 3" video game set an opening-day U.S. sales record of $170 million, outdoing any video game or movie debut and giving the company's money-losing entertainment unit a strong boost toward profitability.
Sony sold about 250,000 units of the new version of the PlayStation Portable in Japan in the four days since its launch, a game magazine publisher said on Wednesday, roughly matching total Japanese sales of the original PSP in the two months through August.
Nintendo roared past Canon to become Japan's second most valuable company behind Toyota Motor, driven by its hot-selling Wii game console and DS handheld player.
Inside of a week now to the year's most anticipated entertainment event. Not Shrek. Spider-man. Even Pirates. Nope, I'm talking Master Chief, Cortana. The Covenant. I'm talking "Halo 3."
Sony said on Thursday it would postpone the launch of its "Home" virtual community service for its PlayStation 3 game console to early next year, the latest setback in its video game battle with Microsoft and Nintendo.