Rather than having to pitch a video game idea and hope for funding, developers and skilled hobbyists can now create the game they want on the side—then let the market dictate whether their idea had merit.

Acquisition charges pushed video game publisher Electronic Arts to a loss for its fiscal fourth quarter, but the company's strong software sales helped the company's revenue blow past analyst expectations.

Take-Two Interactive Software scored more than $500 million in global sales of criminal action game "Grand Theft Auto 4" in its first week, marking what it said Wednesday is one of the most lucrative entertainment events in history.

The video gaming industry is more complicated than it might appear from the outside. Know these things before jumping in.

Mothers Against Drunk Driving is calling on the Entertainment Software Ratings Board, the independent organization that assigns video-game ratings, to reclassify "GTA IV" as an Adults Only game.

Electronic Arts said Friday it extended its tender offer for Take-Two Interactive Software by nearly one month at a lower price of $25.74 per share, drawing out a standoff between the two video game publishers.

Merger and acquisition activity has hit the brakes, along with much of the rest of the economy, but it's a long way from stopping completely. 

U.S. proxy advisory firm Institutional Shareholder Services Inc has recommended that shareholders of video game publisher Take-Two Interactive Software re-elect all eight board directors at an upcoming shareholder meeting.

Take-Two Interactive Software told shareholders to reject a $2 billion hostile bid from rival video game publisher Electronic Arts as too low, but said it had begun efforts to explore a sale or other options.

Electronic Arts said Monday that Chief Financial Officer Warren Jenson will leave the video game publisher, which is pursuing a hostile takeover of rival Take-Two Interactive Software.

Electronic Arts Thursday launched a tender offer for rival video game maker Take-Two Interactive Software at $26 a share, indicating its $2 billion bid is turning hostile.

Take Two Interactive Software reported a deeper loss, but the video game publisher's shares rose as the company projected an improved profit outlook.

Take-Two Interactive Software said on Thursday it has received informal inquiries but not written offers concerning potential business combinations since Electronic Arts proposed a $1.9 billion acquisition.

U.S. video game giant Electronic Arts Sunday said it had made an unsolicited $1.9 billion offer for "Grand Theft Auto" publisher Take-Two Interactive Software, escalating its battle with Activision for the title of biggest video game maker.