March 11, 2009
Major League Gaming (MLG) rides a fine line between technology, entertainment, and sports—if you consider teams of players duking it out over games like Halo 3 and Rainbow Six Vegas a sport. It holds its Pro Circuit tournaments in spaces like the Hard Rock Hotel Las Vegas and the Meadowlands; game...
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Tameka Kee
at 4:12 PM
March 09, 2009
GameStop brought in about $2 billion in revenue from used-game sales last year, but those numbers will be far lower this year if Amazon, Best Buy and Toys R Us have their way. Last week, the three retailers staked claims to their own slices of the market by launching used-games programs. While Best ...
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Tameka Kee
at 9:05 PM
March 03, 2009
If GameStop can rack up $2 billion in revenues from used-game sales alone—is there room for another mass game reseller? A Cheap Ass Gamer forum member spotted a sign in Toys R Us enticing gamers to "sell back" their used games in exchange for store credit today (pictured); Joystiq confirmed with a...
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Tameka Kee
at 10:04 AM
February 26, 2009
THQ had a rough second half of 2008: ballooning losses and sluggish sales of a few of its games led the Saint's Row and WWE publisher to shut down at least five of its studios and ultimately lay off 600 staff, or about a quarter of its workforce. But President and CEO Brian Farrell told attendees at...
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Tameka Kee
at 7:03 PM
February 02, 2009
Back to lyrics; this week's theme will feature the song "How You Remind Me" by Nickelback. (: THow You Remind Me (youtube) Never made it as a wise manI couldn't cut it as a poor man stealin'Tired of livin' like a blind manIm sick inside without a sense of feelin'And this is how you remind meThis is ...
Final Fantasy Awards
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at 2:10 AM
| 2 Citations
February 01, 2009
As the music biz tries to cope with a disappearing physical CD sales market, EMI appears to be taking some steps in the right direction. The company's digital revenues rose to £102 million in the six months to September 30, a 38 percent increase from the previous half's £74 million figure, accordi...
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Patrick Smith
at 11:44 PM
January 30, 2009
Pali Research analyst Rich Greenfield has strong opinions and today it was News Corp.'s turn. Greenfield lowered his earnings estimates for the fifth time in five months and downgraded the company to sell from buy. His reasons include the usual—decreased earnings per share estimates for fiscal yea...
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Staci D. Kramer
at 2:34 AM
January 29, 2009
The theory goes that as we all stay at home during a recession, we buy more video games. But it's not turning out like that as both Sony (NYSE: SNE) and Nintendo report declining sales figures and lowered forecasts for games consoles and software. —Sony: Sony announced today in its Q3 results for ...
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Patrick Smith
at 12:20 PM
Fourth quarter earnings fell 23.6 percent at AT&T (NYSE: T), which posted net income of $2.4 billion, or 41 cents a share, on revenue of $31.1 billion. Last year, the telecoms giant reported earnings of $3.1 billion, or 51 cents per share. It reported adjusted earnings of 64 cents a share, falling j...
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Dianne See Morrison
at 2:45 AM
January 28, 2009
Update: In the middle of the call discussing its poor Q4 performance, Martin Nisenholtz, NYTCo's SVP for digital operations, said that with display looking particularly weak at About.com, the company would begin a site redesign that's intended to reduce its exposure to display. Instead, cost-per-cli...
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David Kaplan
at 8:02 PM




