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...

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 ...

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...

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...

Microsoft is known for keeping its paid subscriber stats for Xbox live close to its vest, so when the company said it had topped the 17 million subscriber mark during back-to-back presentations at CES, it was hard to put a financial value on that. Ditto when it said it added three million new subscr...

— The Lost and Damned puts downloadable content in the spotlight: Xbox 360 owners will sink their teeth into a new chapter in Rockstar's GTA franchise next week, when The Lost and Damned, an expansion pack for GTA IV, goes live; PS3 owners will get their own episode later this year. IDC analyst Bi...

—GameStop rides high on used-game sales: Video game retailer GameStop's holiday sales were up 22 percent, according to the WSJ. That's in contrast to the 12 percent slump in game sales at Best Buy (not to mention Circuit City's liquidation), and a robust used-games offering is what fueled GameSpot...

Online sports entertainment company OneSeason.com has closed a $3.5 million first round of funding; Charles River Ventures led the investment. The SF-based company will use the funds to add social features and a marketplace around its virtual sports exchange, which lets members use real money to inv...

Casual sports games developer Play Hard Sports has closed an $8 million second round of funding. Valhalla Partners led the round, with additional funds from TriplePoint Capital and existing investor New Enterprise Associates. Foxboro, Mass.-based Play Hard has raised $13 million since its launch in ...

Ever fancied a part in Jesus Christ Superstar or Phantom Of The Opera ? Your big moment may soon be coming: Andrew Lloyd-Webber's Really Useful Group is developing a range of video games based on the theater impresario's musical stage shows, paidContent:UK has learned. The group, founded in 1977 to ...