ENTERTAINMENT
November 12, 2012 | By Ben Fritz
The video game industry got a much needed bonus last Tuesday as "Halo 4" players around the world spent more than $220 million on the heavily marketed sequel. That's the highest ever first day gross for Microsoft Corp.'s blockbuster science-fiction/action franchise. 2010's "Halo Reach," the previous record holder, enjoyed a $200-million "opening day. " Microsoft did not report how many "Halo 4" units it sold on launch day, but based on the game's U.S. retail price of between $60 and $100, the total is more than 2.2 million.
ENTERTAINMENT
November 8, 2012 | By Ben Fritz
A new basketball game and a sequel to the combo game/toy line "Skylanders" were two spots of good news in what was otherwise a grim month for the video game business. Take-Two Interactive's "NBA 2K 13" was the best-selling video game during October, according to the NPD Group, and outsold last year's "NBA 2K 12" by more than 60%. Activision Blizzard's "Skylanders: Giants" was only the No. 10 game, but outsold last year's "Skylanders: Spyro's Adventure" during its first month on sale.
ENTERTAINMENT
October 23, 2012 | By Ben Fritz, Los Angeles Times
Six-year-old Jericho Rodriguez sprinted into Toys R Us like a cheetah chasing its prey. "Mommy, Skylanders! Skylanders!" he yelled as he ran through a crowd gathered around the biggest display in the store, larger even than ones for Legos and Marvel superheroes such as Iron Man. Jericho and other young boys were gathered in Atwater Village early Sunday morning for the new video game "Skylanders: Giants" and dozens of action figures associated with...
ENTERTAINMENT
October 11, 2012 | By Ben Fritz
Strong sales for the latest incarnation of the annual "Madden NFL" and action sequel "Borderlands 2" were not enough to arrest the latest slide in video game sales. Total industry revenue from sales of physical games, consoles and accessories in the U.S. was $848 million in September, according to research firm NPD Group, down 24% from the same period a year ago. Including sales of used games and digital downloads, as well as rentals, revenue in September was close to $1.6 billion, NPD analyst Liam Callahan estimated.
BUSINESS
August 10, 2012 | By Alex Pham, Los Angeles Times
The summer doldrums hit July video game sales, which fell 20% from last year, according to a monthly survey by NPD Group. The game industry rang up just $548.4 million in U.S. retail sales last month, compared with $686.3 million a year earlier, the research group said Thursday. It was the eighth consecutive double-digit drop since November 2011, when game sales were flat compared with the prior year. The numbers indicate a continued trend of gamers flocking online instead of buying console and computer games that used to dominate the industry.
ENTERTAINMENT
July 2, 2012 | By Alex Pham
It's not entirely doom and gloom in the games business -- just mostly. While sales of disc-based games have fallen into a cycle of despair, sales of digitally distributed games have grown. Just how much, though, has been the subject of serious conjecture for the last several years. The NPD Group, which has collected physical game sales data for decades, on Monday pegged the increase of digital game sales at 10% during the first three months of the year, as compared with the same period last year.