After being severely disappointed in September, the video game industry is warily eyeing October’s retail sales numbers.
It’s not uncommon to hear consumers grumble that the price of video games is too high, but that’s not something you expect to hear from the CEO of a game publishing company.
As Nintendo experiences falling sales of its Wii products and competition from other producers, including Microsoft, Nintendo of America’s president and COO told CNBC Thursday that the company’s installed base works in its favor.
Pre-orders for “Call of Duty: Black Ops” have been tracking higher than “Modern Warfare 2,” which is generally an encouraging sign. But amidst the enthusiasm surrounding the game, there is caution – as this year’s installment could be pivotal in determining the future of the video game industry’s biggest franchise.
Consumers may be planning to spend less on gifts overall this holiday season, but that frugality seemingly won’t apply when it comes to consumer electronics.
Activision Blizzard has proven that even if the video game industry as a whole is declining, consumers will still spend on big video game brands.
As the tech titan rolls out Kinect on Thursday, early signs are showing that the gamble was a wise one.
Video game publisher Electronic Arts says its fiscal second-quarter net loss narrowed, and its adjusted results handily surpassed expectations thanks to strong sales of the latest "FIFA" and "Madden" games.
Holiday cheer may be in short supply for the video game industry this year. While there are bound to be some hot titles and big sellers, it will take a true Christmas miracle for the industry to see retail sales hit positive territory in 2010.
A lot of people might not know Zynga’s name, but they sure know its games. “Farmville,” “Mafia Wars,” and “Café World” are some of the biggest titles on Facebook – and continue to draw hundreds of millions of players per month.
What is new with Tony Hawk? A new skatepark in his home, book and video game. The world's best-known skateborder retired at age 31 and became a mogul.
Two years ago, Nintendo could do no wrong. The Wii was at the height of its retail domination and competitors were scrambling for second place. Today it’s a much different story and the looming holiday season could be a crucial one that determines the strength – and perhaps the future - of the company’s core console business.
ZeniMax Media has slowly built an empire that has established a significant foothold in the gaming space—and while individual and corporate investors are shut out for now, venture capitalists are courting it aggressively.
Software sales at retail stores were down a shocking 6 percent last month to $614 million, according to The NPD Group. That’s vastly worse than analysts were expecting and could scare investors, who were holding out hope that September would be a bright spot in an otherwise dismal year for game sales.
“Medal of Honor” hit stores at 12:01am Tuesday – and while it’s probably not the most important game of the year for EA spacer, it’s one of the most closely watched.
Seventeen years ago, Panasonic tried to break into the video game industry, lasting only three years before it was forced out. Now it’s ready to try again.
Hugh Hefner's lifestyle has forever changed American pop culture. From small publication to full blown international brand, Hefner became one of the most famous entrepreneurs of our time.
Technology has become so entwined with college students' often frantic lives that most in a new survey say they'd be more frazzled without it.
Retail sales continued to grow in September at a pace that was roughly equal to that in August, providing some reassurance that consumers are continuing to spend, albeit in a cautious manner, according to a report released Wednesday.
The latest entry in Activision Blizzard's successful first-person-shooter video game franchise will be released in 3-D later this year, yet another addition to the 3-D revolution's growing arsenal.