December 6, 2012 |
The launch of the biggest video games of the year was only enough to lessen the long-running slump in retail video game sales. U.S. game industry receipts were down 11% in November, the month that saw the debut of such hot titles as “Call of Duty: Black Ops II,” “Halo 4” and “Assassin's Creed III” -- the top three titles of the month, in that order. Searching for a silver lining, NPD Group analyst Liam Callahan noted that “November had the smallest year-over-year decrease we have seen for dollar and unit sales so far this year.” Microsoft's Xbox 360 was the No. 1 console for the 16th month straight, selling 1.26 million units.
August 6, 2012 |
Financially strapped video game publisher THQ has decided not to get "inSANE," canceling production on a title of the same name that was created by "Pan's Labyrinth" film director Guillermo del Toro. In a conference call with analysts discussing the company's second quarter financial results, THQ's recently installed president, Jason Rubin, said "inSANE" was a victim of ongoing belt-tightening at the Agoura Hills company. Also this year, THQ has canceled a planned action game called "Devil's Third" and ended a deal to make licensed games based on the Ultimate Fighting Championship league.
CALIFORNIA | LOCAL
November 26, 1993
Today is the kickoff of the holiday shopping season, and, in keeping with that tradition, millions of parents here in California and across the nation will make treks to neighborhood shops and malls. Those expeditions often will include stopovers at stores where video games are sold. A lot of these games are simply great fun. But, as state Atty. Gen. Dan Lungren points out, some are no laughing matter.
August 9, 2011 |
Take-Two Interactive Software Inc. posted a loss in the last quarter as sales of its latest big video game title, L.A. Noire, fell short of last year's blockbuster release, Red Dead Redemption. The New York game publisher recorded $334.4 million in revenue for its first quarter, which ended June 30 — down 11% from $375.4 million a year earlier. It lost $8.6 million, or 11 cents a share, in the quarter, compared with a profit of $27.4 million, or 31 cents a share, a year earlier.
November 12, 2011 |
This is not a high scoring year for video games. With total revenue for physical game sales up only 1% at just over $1 billion in October, the business probably will end the year flat to down 2% compared with 2010, according to researchers at NPD Group Inc. The once-booming industry's flat-lining is attributed to consumers not only spending less money in the tough economy , but investing more time in fewer games that they play repeatedly online...
June 6, 2012 |
It's no surprise that Warner Bros. has video games with "Batman" and "Middle Earth" in the titles coming out this year, since "The Dark Knight Rises" and "The Hobbit" are the studio's two biggest remaining movie releases of 2012. What is surprising is that the games have virtually nothing to do with the films beyond their titles. Stung by poor sales across the industry for video games closely tied to movies -- including Warner's own "Green Lantern" and "Happy Feet Two" last year -- Warner Bros. Interactive Entertainment is this year taking an entirely different approach.
January 23, 2013 |
THQ? RIP. The Agoura Hills video game publisher that only five years ago had a market value of more than $2 billion sold most of its assets at a bankruptcy auction that closed on Tuesday. Games in development and production studios owned by THQ were bought by a variety of competitors for a total of $72 million, according to documents filed in U.S. Bankruptcy Court in Delaware. That exceeded a "stalking horse" bid THQ had from private investment firm Clearlake Capital Group, which offered to take the entire company private for $60 million.
December 7, 2012 |
OutKast's Big Boi has worked with a bevy of impressive names across many genres throughout his career. Beyond his OutKast partner Andre 3000, Big Boi's solo work features pairings with stars big and small, including Jamie Foxx and Janelle Monáe, and his upcoming album will host appearances from name rappers such as Ludacris and indie acts such as Phantogram. But in early 2013, Big Boi and friend-collaborator B.o.B. will add an entirely new medium to the resume. The two are set to have pivotal roles in the upcoming Electronic Arts shooter "Army of Two: The Devil's Cartel," the third title in the "Army of Two" franchise.
April 18, 2014 |
Cody Wygant was an avid player of video games like "Aliens Extermination" and "Call of Duty. " The role-playing games were so important that the persistent screams of his 16-month-old son was too much of an annoyance, according to the Citrus County sheriff's office in Florida. So Wygant, an unemployed resident of Homosassa, Fla., about 90 miles west of Orlando, suffocated the boy and left him in a playpen, officials allege. "It is inconceivable that a father could kill his infant son -- it just baffles the mind," Citrus County Sheriff Jeff Dawsy said in a statement.
October 18, 2011 |
"The Dark Knight Rises" doesn't hit movie theaters for nine months, but Batman is at the heart of what may just be Warner Bros.' most important release of the fall. With the launch Tuesday of video game Arkham City, a sequel to 2009 hit Arkham Asylum that lets players control the Caped Crusader, the studio's Warner Bros. Interactive Entertainment unit has one of the best-reviewed and most anticipated titles of the year. It's expected to generate hundreds of millions of dollars in sales.