Electronic Arts posts smaller 4th-quarter loss, lower revenueMay 6th, 2009 Electronic Arts posts smaller 4Q lossNEW YORK — Video game publisher Electronic Arts Inc. posted a smaller net loss Tuesday for its fiscal fourth quarter as the company continued to slash costs in a quarter with fewer hit game launches.
Electronic Arts CEO calls PS3 price cut, timing 'great move'August 19th, 2009 Electronic Arts CEO says PS3 price cut great moveNEW YORK — John Riccitiello, the CEO of video game publisher Electronic Arts, says Sony's decision to cut the price of the PlayStation 3 is a "bold move done precisely at the right time."
Sony Corp. said Tuesday it is cutting the price of the console by $100, bringing the 80-gigabyte version to $299 effective immediately.
Electronic Arts 2nd-quarter results could outpace expectations even amid industry slumpNovember 6th, 2009 Earnings Preview: Electronic ArtsNEW YORK — Video game publisher Electronic Arts Inc. reports earnings for its fiscal second quarter, which ended in September, on Monday after the market closes.
US video game retail sales fall once again in August, says NPDSeptember 11th, 2009 NPD: Video game sales slide again in AugustNEW YORK — Retail sales of video games have declined for six straight months. Analysts are blaming the slow August — which was expected — in part on a disappointing showing from the latest "Madden" title from Electronic Arts.
Electronic Arts posts larger 1st-quarter loss, adjusted results beat expectationsAugust 4th, 2009 EA 1Q loss widens but results surpass expectationsNEW YORK — Lower revenue from packaged video games amid a seasonal slump for the industry gave Electronic Arts Inc. a larger net loss in its fiscal first quarter.
Electronic Arts posts smaller 4th-quarter loss despite sales slump as costs declineMay 6th, 2009 EA posts smaller 4Q loss as costs declineNEW YORK — Video game publisher Electronic Arts Inc. posted a smaller net loss Tuesday for its fiscal fourth quarter as it further slashed costs in a quarter that had fewer hit game launches.
Steven Spielberg unveils motion-control camera for Xbox 360 at E3June 1st, 2009 Spielberg unveils motion control for Xbox 360LOS ANGELES — Gamers, get ready for your close-up. Steven Spielberg was on hand to introduce a prototype camera Monday that can be used as a controller for the Xbox 360.
Some video games can make children kinderJune 18th, 2009 WASHINGTON - Most of us are aware of the relationship between violent video games and aggressive behaviour. But now for the first time, researchers have found that some video games can make children kinder and more likely to help other people.
Coinstar sells gumball and video game business to focus on Redbox DVD kiosks and coin changersSeptember 9th, 2009 Coinstar sells gumball and video game businessBELLEVUE, Wash. — Coinstar Inc., the owner of the DVD vendor Redbox, said on Wednesday that it has closed the sale of its business of coin-operated gumball machines, children's rides, and video games.
Electronic Arts CEO John Riccitiello talks about possible console price cutsAugust 5th, 2009 On the Call: EA CEO John RiccitielloVideo game publisher Electronic Arts Inc. posted better-than-expected results for its fiscal first quarter Tuesday, and reaffirmed its adjusted guidance for the full fiscal year.
Startup Raptr looks to make gaming more social, integrates Facebook, Twitter, chatsJuly 22nd, 2009 Social network for gamers helps friends playNEW YORK — Raptr, a social network targeting gamers, is hoping to make it easier to see what your friends are currently playing on a broad range of platforms such as the Xbox 360 and personal computers. And if you want, you can join them in the action.
Squeezed by recession, video game sales drop for fourth straight month in JuneJuly 17th, 2009 June video game sales drop sharplyNEW YORK — Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June.
Can video games boost memory, thinking skills in the elderly?August 22nd, 2009 WASHINGTON - Whether video games can boost memory and thinking skills in the elderly is being investigated as part of a new study, funded by the National Science Foundation in the US. Having received a 1.2million-dollar grant for the study as part of the federal stimulus package, researchers at North Carolina State University and the Georgia Institute of Technology now hope that their findings will eventually pave the way for a prototype video game that will be helpful in boosting thinking skills among old people.
Shanda Games gets tepid reception for this year's biggest IPO; shares slide 14 percentSeptember 25th, 2009 Shanda Games IPO gets tepid receptionNEW YORK — Shanda Games Ltd., a Chinese video game company, raised $1 billion Friday in the largest initial public offering of the year. The company offered more shares than expected, but got a lackluster reception.
Shanda Games to launch this year's biggest IPO, raising $1 billion at $12.50 per shareSeptember 25th, 2009 Shanda Games to launch this year's biggest IPONEW YORK — Shanda Games Ltd., a Chinese video game company, raised $1 billion Friday in the largest initial public offering of the year. The company offered more shares than expected, but got a lackluster reception.