Software sales came in slightly better than analysts were expecting, while hardware sales shattered expectations. For the month, game sales fell 5 percent versus a year ago, according to the NPD.
With a weak slate of titles, February is shaping up to be another negative month for the video game industry.
The explosion in cheap and free apps and social network games has devalued game development and could put the industry at risk.
The next frontier for digital music is not a tablet or a smartphone, but two items that have been part of everyday life for decades: the car and the television set. The New York Times reports.
Troubled sitcom actor Charlie Sheen stands to earn $1 million this year endorsing products on such social media sites as Twitter, Arnie Gullov-Singh, CEO of Ad.ly, a website that links celebrities with companies and brands online, told CNBC Monday.
You might think that after creating a title that has over 12 million customers happily paying a monthly subscription fee, Blizzard Entertainment would be immune to some of the fears circling the video game industry.
Smartphones have absolutely crashed the mobile gaming industry party since the iPhone came onto the scene in 2007 – can Nintendo answer?
Electronic Arts hasn’t exactly been a darling of Wall Street in recent years, but the president of the EA Games label says the company has made the necessary changes to get back on top.
In his new book "Tell to Win," Peter Guber says what's needed now is State-of-the-Heart-Technology."
Troubled actor Charlie Sheen is “screwing his way to the bottom,” and Peter Guber, chairman and CEO of Mandalay Entertainment, told CNBC Monday.
There will be plenty of ties in office Oscar pools this year: The Academy Awards were just as predictable as they possibly could have been.
We're set up on the red carpet, which is actually on Hollywood Blvd. And with the threat of rain, the red carpet is covered in white plastic and the giant gold statuettes are covered in giant clear plastic bags.
Despite comparing with weak numbers from a year ago, game software sales were down 5 percent last month versus 12 months earlier, coming in at $576 million, according to NPD Group, which tracks the industry.
After two consistent years of negative growth, investors in the video game industry are hoping for things to start turning around in 2011, but they may have to wait a little longer for that to happen.
The 3D TV market just got a little more exciting. On Sunday, '3net' launched in 18 million homes from Discovery, Sony and Imax. And on Monday, as a Valentine’s gift to sports fans, ESPN launched on DirecTV, Comcast and Time Warner Cable. This brings the total number of 3D networks to three, including DirecTV's 'N3d' channel, launched last year in partnership with Panasonic.
The company has unveiled the Xperia Play at the ongoing Mobile World Congress. Due in March, the device will be available exclusively through Verizon in the U.S. and will lead the charge of cell phones capable of playing PlayStation titles.
A work stoppage in the NFL is looking increasingly likely — and the effects of that could reach far beyond the gridiron. One company that’s undoubtedly monitoring the situation closely is Electronic Arts.
The last couple of years have been rough ones for Electronic Arts and THQ. Rapid changes in the video game landscape and an unlucky string of underperforming titles has taken its toll on both companies’ stock prices.
Stocks ended slightly higher after trading lower most of the session as Federal Reserve Chairman Ben Bernanke indicated the central bank would continue to stimulate the economy, even amid signs of growing strength in the U.S. economy, evident in news out early in the session. Cisco and BofA rose, while Merck fell.
Stocks turned higher after Federal Reserve Chairman Ben Bernanke indicated the central bank would continue to stimulate the economy, even amid signs of growing strength in the U.S. economy. Cicsco and Bank of America rose, while Merck fell.