Take-Two raised its full-year adjusted revenue forecast to $1.48- $1.53 billion from $1.33- $1.43 billion and its adjusted profit forecast to $1.65- $1.75 per share from $1.00- $1.15. This was 49 percent lower than a year earlier- a quarter that included the re-release of "Grand Theft Auto V" for the latest gaming consoles, as well as the launch of "Borderlands: The...» Read More
The issue of whether minors should be legally prohibited from buying violent video games may soon be settled – once and for all.
Unlike its predecessors, the new portable gaming system from Sony does not run on traditional packaged software. Any game or movie the user wants has to be downloaded — and that leaves retailers out of the loop on the most profitable part of any gaming system.
Following price cuts by its two rivals, Nintendoreduced the price of its Wii video game system by $50 later this week. The widely expected move could help the company reverse slowing momentum as it heads into the holiday sales period.
Following price cuts by its two rivals, Nintendo is expected to reduce the price of its Wii video game system by $50 later this week. The widely expected move could help the company reverse the company’s slowing momentum as it heads into the holiday sales period.
When Microsoft released “Halo 3” a little shy of two years ago, it was a certifiable entertainment event. The conclusion of the hit franchise’s trilogy would ultimately sell 5.9 million copies, making it one of the top selling games of this generation of video game systems.
Initially rolled out by Microsoft in 2006, the Zune was positioned as a wannabe iPod killer – and was promptly squashed by Apple’s popular system. Now the Zune HD, a redesigned, flashier version of the system, is hitting retail shelves.
August was supposed to be the month video game sales turned around. Instead, they extended their slide for the sixth consecutive month.
Alex Seropian, the founder of Bungie Software and co-creator of the "Halo" franchise has joined the company to oversee creative development across Disney’s in-house video game development teams.
The video game price wars are getting fiercer. Microsoft on Thursday announced plans to lower the price of its top-line Xbox 360 model from $399 to $299.
Nolan Bushnell has re-entered the industry, co-founding Reality Gap, a publisher exploring a new in-game economic model that can be transported across multiple titles. The idea is a simple one.
GameStop executives, who led the call for price reductions on the PlayStation 3 earlier this year, say they were a bit surprised with the timing of Sony’s actions earlier this week. But now that Sony has capitulated, they're expecting Microsoft and Nintendo to react.
Sony, hoping to regain its momentum in the video game space, will lower the price of the PlayStation 3 video game console by $100 starting Wednesday.
This year, though, it’s the game that publisher Electronic Arts hopes will turn around what has, so far, been a disappointing 2009.
Video game sales continued their downward spiral in July, the fifth consecutive month of declines in an industry many have referred to as “recession resistant.”
Technology has shaken up plenty of life’s routines, but for many people it has completely altered the once predictable rituals at the start of the day.
Analysts and investors both cheered Electronic Arts’ better than expected first fiscal quarter earnings Tuesday, but the video game publisher is still a long way from recapturing its glory days.
Sony and Nintendo may tell anybody who will listen that they’re not planning to drop console prices this year, but judging by the results from each company’s first fiscal quarter, neither video game console maker may have a choice.
With video game sales already 12 percent behind last year's pace, video game publishers and retailers have been counting heavily on a strong holiday season to help turn things around. More and more, though, that's looking unlikely.
If you’ve got some lingering recession rage, you’re going to want this app, a videogame for your iPhone or iTouch that let's you squash shady bankers and CEOs.
Video game sales in June posted the biggest year-over-year decline in nine years, rounding out a very weak first half for the industry.