October 17, 2013 |
"Grand Theft Auto V" delivered an adrenaline shot to the heart of the video game industry. The hotly anticipated title fueled a 27% boost in overall industry sales in September, across hardware, software and accessories, as compared to the same time a year ago, according to researcher the NPD Group. The Take Two Interactive game became the bestseller of any title introduced in September, during the period since the firm began tracking the...
July 27, 2013 |
Activision Blizzard Inc. and a group of investors led by its top executives are buying most of Vivendi's stake in the world's largest video game publisher in an $8.2-billion transaction. The deal would free the Santa Monica company from the financial woes of its French corporate parent and enable it to focus on the fast-evolving gaming industry. Activision said late Thursday that it would acquire 429 million shares from the Paris conglomerate for about $5.83 billion in cash, or $13.60 a share.
January 11, 2013 |
Vice President Joe Biden culminated a week of meetings on gun policy Friday, telling representatives of the video game industry that “there's no silver bullet” when it comes to confronting gun violence. “We know this is a complex problem,” he said, emphasizing the diversity of groups he has consulted since the initiative began in late December, including law enforcement, medical groups, hunters and gun owners and the entertainment industry. That range, he said, proved that the video game industry has not been not been singled out. “I come to this meeting with no judgment.
January 8, 2013 |
The Grammy Awards are ready to play, at least in the minds of those who create music for video games. For the first time, a complete video game score has been nominated for a Grammy. At the February ceremony, Austin Wintory's compositions for PS3 title "Journey" will vie for a trophy alongside more recognizable cinematic names such as Hans Zimmer ("The Dark Knight Rises") and last year's Oscar winner Ludovic Bource ("The Artist"). For the 28-year-old L.A.-based Wintory, the nomination is "bewildering" - "stupefying," even, considering that video game scores have been eligible and overlooked by Grammy voters for more than a decade.
December 5, 2012 |
The newest "Call of Duty" is off to a faster start than many in the video game industry had thought -- and appears to have reached $1 billion in sales faster than any game in history. "Call of Duty: Black Ops II" crossed more than $1 billion in retail sales by Nov. 27, its 15th day on sale, publisher Activision Blizzard Inc. announced Wednesday. That's a day faster than last year's installment "Call of Duty: Modern Warfare 3" reached the same mark. It also marks the first time Activision has announced sales figures for "Black Ops II" that exceed "Modern Warfare 3. " When the Santa Monica game publisher announced first day sales on a worldwide basis, instead of for North America and Great Britain as it had previously done, many in the game industry assumed it did not have apples-to-apples data that showed the new game performing better.
November 15, 2012 |
While sales of new video game discs have been plummeting all year, it turns out gamers are spending their money to play in other ways. During the third quarter (from July through September), total spending on video games -- new and old, purchases and rentals, physical and digital -- totaled $1.07 billion in the U.S., according to research firm NPD Group. That's down only 1% from a year ago. Those figures are more heartening to the game industry than monthly figures for new physical game sales and consoles that are released by NPD. In total, spending on physical games dropped 16% during the third quarter, and spending on games on digital platforms jumped 22%. Video game publishers make no money from used game sales or rentals (besides the initial sales of those titles)