July 31- Electronic Arts Inc is back from the "dark side". EA said on Thursday that "extremely strong" preorders for "Star Wars: Battlefront" were behind its decision to raise its full-year revenue forecast to $4.45 billion from $4.40 billion. "is merely trying to rein in runaway expectations for Star Wars, during a highly competitive holiday window for first-person...» Read More
The largest entertainment launch of the year wasn’t enough to push video game sales into positive territory in November, raising concerns about the overall health of the industry.
Take Two Interactive Software has always fought against its reputation as a company with one bullet in its gun: the Grand Theft Auto series. In recent years, it seemed to be making some headway in those efforts, building a number of strong, if not super-powered, franchises that were far removed from its flagship title.
A brewing price war over video games is taking its toll on the industry’s top specialty retailer.
The effects of pornography on its viewers may not be as negative as widely thought, according to new research from the University of Montreal.
To promote its latest version of EA Sports Active, EA Sports More Workouts, Electronic Arts last week opened two one-month trial spaces where consumers can test the exercise game.
Hell hath no fury like a video game programmer scorned. Last week, Electronic Arts shut down its LA-based Pandemic Studios, which it bought two years ago as part of an acquisition that cost $775 million in cash and stock, a record at the time, according to the Los Angeles Times.
To say “Call of Duty: Modern Warfare 2” is a hit is akin to calling the Atlantic Ocean a bit humid. The video game has shattered sales records throughout the entertainment industry – besting other games, films and books.
Stocks snapped a three-day losing streak Monday after an encouraging report on existing-home sales and a pullback in the dollar.
Stocks rallied Monday after an encouraging report on existing-home sales and a pullback in the dollar.
Stocks opened higher Monday as the dollar pullled back and gold hit a new record above $1,170 an ounce. The Dow was up more than 100 points at the open and continued higher after a report showed a sharp jump in existing-home sales.
A holiday-shortened trading week begun with all signs pointing to a higher open for Wall Street on Monday, with the dollar weakening and gold hitting a new record high above $1,167 an ounce.
The television industry has known for years that video games are a threat to viewership, but a new pilot program might finally give some insight into exactly how big that threat is.
Sales of Activision Blizzard's latest game is breaking gaming records and giving Hollywood a run for its money, literally.
With a crucial holiday approaching for video game makers, Reggie Fils-Aime, President and COO of Nintendo America, said he expects the close release dates of big-name titles "Call of Duty" and "Super Mario Bros. Wii," out Sunday, to revive the industry from its sales lag.
After a brief sales increase in September, video game sales took another nosedive in October — but the bad news may finally be over.
The midnight debut of "Call of Duty: Modern Warfare 2" lived up to expectations. Early this morning Activision/Blizzard reported that the game sold about 4.7 million copies, in North America and the United Kingdom Alone.
Activision Blizzard’s hugely anticipated "Call of Duty: Modern Warfare 2'' video game went on sale early Tuesday morning and analysts' sales estimates for the $60 game range from 11 to 13 million units by the end of 2009. So how should investors play it? Edward Williams, gaming analyst at BMO Capital Markets, shared his insights.
On the surface, a video game opening a virtual pet store doesn’t sound like something investors should care too much about. But when that game is “World of Warcraft,” the stakes change.
EA posted earnings on Monday that declined compared with last year, but profit topped analysts' forecasts. The company also announced layoffs of 1,500 positions in another round of restructuring and shares rose in extended trading.
Activision/Blizzard debuts "Call of Duty: Modern Warfare 2" tonight at midnight: this is expected to be the biggest game debut ever, already breaking pre-sale records.