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The video game industry has known for a while that social networks represented a threat to the bottom line of traditional publishers – but the depth of that threat was unknown. A new survey of U.S. and U.K. players, though, underscores just how fast this new gaming category has grown.
Lions Gate stock got a boost on the news that Icahn is looking to grow his 18.9 percent control of the company to 29.9 percent, offering $6 per share for 13 million shares, though as of now it hasn't hit that $6 mark.
The video game industry stumbled out of the gate in 2010, posting a 13 percent decline in January sales compared with 2009. But despite the negative news, observers are still expecting improvements in the months to come.
It hasn’t been a good week to be an Electronic Arts shareholder. The company’s stock fell nearly 10 percent Tuesday after it gave a dire forecast for the coming quarter. Activision, meanwhile, thrilled its shareholders with better-than-expected quarterly numbers.
International growth helped Discovery Communications earnings grow 46 percent, in line with expectations, while revenue grew seven percent.
It's no secret Electronic Arts has been feeling some pressure lately. And when the company reports its third quarter tonight after the bell, we'll get the best indication yet as to just how tough times have gotten for the world's biggest game publisher.
Cramer highlights the movie industry’s resurgent revenue driver.
Eastman Kodak’s shares hit a 52-week high on Wednesday. Will the old film company’s stock continue to rise and is it time for investors to dive in? Erik Kolb, Standard & Poor’s shared his analysis on the firm.
Indianapolis Colts quarterback Peyton Manning does as much off the field as he does on it. He has endorsement deals with MasterCard, Reebok, Sony, Oreo, DirecTV, Gatorade and Wheaties.
S&P 500 futures lost about 4 points on the disappointing weekly initial jobless claims number. Sovereign debt issues, which popped up again yesterday, are back down in a big way today: Portugal down 3.2 percent, Spain down 2.6 percent, Greece down 1.7 percent. European banks are weak.
Futures fell sharply Thursday after a surprise jump in jobless claims, a disappointing signal on the employment front ahead of Friday's jobs report.
What follows is a roundup of corporate earnings reports for Thursday, Feb. 4.
The success of Lara Croft and the “Tomb Raider” franchise is a cautionary tale for the video game industry—one that Take Two Interactive Software could learn from.
The Academy doubled the number of nominees for best picture to 10. No surprise "Avatar", "The Hurt Locker", "The Blind Side", "Precious", Inglorious Basterds and "Up in the Air" were on the list.
Sony Pictures Entertainment is feeling the pinch of online piracy and the decline of DVD sales. The movie studio announced on Monday that it will lay off 450 employees, or 6.5 percent of its workforce, and also plans to close 100 open positions. It will start handing out pink slips in March.
The music industry was almost killed — and ultimately saved — by it. The home video industry is growing because of it. But when it comes to video games, digital distribution is not really making much of an impact.
The news is out, Apple's iPad will compete with e-Readers, portable game devices, and it will create a whole new category of portable video players. The good news for content creators is the fact that it'll sell for $499.
This is a live blog from Jim Goldman who is in San Francisco attending an event at the Yerba Buena Center for the Arts where it is expected Apple will unveil and share details of its newest product, The iPad.
Steve Jobs revolutionized the music business, creating a new way for consumers to listen to music on the go, and buy songs.
So here we go. About 24 hours to go until one of the most hyped products in Apple's history finally goes public. And that's saying something, especially after iPhone a few years back.