InfoAnda - Videogame industry prays for resilient 2009

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

US-Israel meeting scrapped over settlements | 24 June 2009
Syria mediator warns conflict could consume Middle East | | 17 October 2012
Nadal faces Davydenko in Shanghai final | 18 October 2009

Pakistan | 7 February 2011

Forum Views () Forum Replies ()

Read more with google mobile : Videogame industry prays for resilient 2009 | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Videogame industry prays for resilient 2009 Thu Jun 4, 2009 9:57pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Franklin Paul and Edwin Chan LOS ANGELES (Reuters) - Game publishers, in a rare moment of solidarity, joined forces on Wednesday to convey optimism for the future of their $30 billion industry despite spiraling consumer spending and a global economic downturn. Electronic Arts, Activision and THQ Inc -- with Activision the sole profit-maker in its last reported quarter -- hope to focus on developing mainly blockbuster titles while finding ways to eliminate costs. A year-long recession has slowed sales growth. Research house NPD estimates spending on U.S. videogames dived 17 percent in April. With top titles often costing as much to produce as a Hollywood film, publishers have had to make tough choices. After a wave of belt-tightening in the past year, including widespread job cuts, studio closings and title cancellations, many now adopt a strategy of diverting resources to only their most bankable franchises. "Our actual net development budget has been significantly reduced this year to $120 million ... but its focus is on a few of these quality titles," THQ CEO Brian Farrell told Reuters. Executives see glimmers of hope in new audiences and more casual users, expanding beyond the industry's traditionally heavily male demographic to women and older people. Electronic Arts CEO John Riccitiello sees 1 billion game players from just a few hundred million now. Crucial to that vast expansion will be games that appeal not just to the hard-core, but also to families and casual gamers, as exemplified by the enormous take-up of Nintendo's Wii and its best-selling Wii Fit fitness title. HOPE SPRINGS ETERNAL Videogames -- even those that cost more than $50 -- are likely to score significant sales in coming months as recession-weary consumers go for cheap entertainment instead of taking vacations or buying big ticket items, Take Two Interactive Chairman Strauss Zelnick argued. Hudson Square Research analyst Daniel Ernst pegged videogame sales for the fiscal year ended March at $29 billion, up 13 percent and surpassing the $27 billion movie business. Partly because of brightening expectations, as well as painful cost-cutting, THQ -- backer of games like "Saints Row" -- is now more confident of attaining its goal of achieving profitability again in fiscal 2010. Its shares climbed 8 percent on Wednesday versus a 0.6 percent fall on the Nasdaq. And publishers may get a welcome boost when -- as many analysts predict they will this year -- console makers like Sony and Microsoft cut prices. "We love those price wars," Farrell said. "I wouldn't rule out that if Sony cuts, Microsoft and Nintendo may respond. When those guys have their hardware wars, we supply the ammunition." FLASH IN THE PAN Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Canon revives new plant as camera sales hold firm Also On Reuters Full Coverage: China, 20 years after Tiananmen New England economy could see gay-marriage boost Allegations of corruption and fraud in forest carbon market More Technology News Suspense builds ahead of Apple extravaganza Apple's Jobs ready to return from leave: report Palm Pre gets thumbs up in media reviews Nintendo rejected rivals' technology choice: report Tech firms see 18 percent drop in storage revs: report More Technology News... Video Gaming fans flock to E3 Play Video More Video... Related News Sony keeps PS3 price cut deliberation close to vest 04 Jun 2009 Take-Two says games defy economic downturn 04 Jun 2009 Video game players to top 1 billion: EA's CEO 04 Jun 2009 Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Thai coroner seeks cause of "Kung Fu" actor's death | Video UPDATE 6-Speed an issue in Air France crash, search goes on Angelo Mozilo, mortgage risk-taker charged with fraud Record turnout at Hong Kong Tiana UK PM Brown battles to hold on in face of revolt Speed an issue in Air France crash, search goes on | Video "Kung Fu" actor David Carradine found hanged in Thai hotel "Give it away, you'll enjoy it," Gates tells rich Five Features Bing Shouldn't Be Getting Credit For Carradine's "Americana" was one from the heart Most Popular Articles RSS Feed Video Gaming fans flock to E3 A blunt message for Arabs, Israel IATA: Air France crash "tragedy" David Carradine dead Obama visits the pyramids Leaving Sadr City No gas for this air-powered car Tiananmen vigil in Hong Kong China's Tiananmen anniversary Obama: Islam promotes peace Most Popular Videos RSS Feed the great debate Bing just shows Microsoft still needs Yahoo Eric Auchard Microsoft's new Web search service Bing is a far cry from the general-purpose tool the company must build or buy to compete effectively with rival Google. Commentary We want to hear from you Join the Reuters Consumer Insight Panel and help us get to know you better Please take a moment to complete our survey Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 5 June 2009
Taliban release all kidnapped students: officials
Britons jailed for life for French student murders
White House Web push for Obama speech
Militants blow up girls school in Pakistan: police
US actor Carradine dead, suicide suspected: Thai police
Indonesian woman faces jail over email complaint
President Obama meets Saudi king
Sberbank 'could sell Opel stake to Russian investor'
Stolen Renoir turns up near Venice, after 25 years
ECB, BoE hold record low rates, analysts eye bonds
First Afghan fibre optic cable connects to Tajikistan
Hezbollah camp seen gaining in Lebanon vote
Retailer Wal-Mart plans to add 22,000 US jobs
Bin Laden criticises Obama in new tape
NKorean navy boat crosses border with South: official
Thai 'Yellow Shirts' register new party: official
China's Hu, Obama discuss NKorea: state media
Palm Pre gets thumbs up in media reviews | Technology |
China's Hu, Obama discuss NKorea: state media
Canada will not regulate online broadcasters | Technology |
S.Korea's economy still gloomy: official data
China, Japan to launch talks on copyright piracy
Philippines plan to cut rice import
Poisoned liquor suspected in 25 Indonesian deaths
Collector: footbinding forerunner to fashion
Whitney Houston to release comeback album this fall | Entertainment |
Billy Elliot set to win big at Tony Awards | Entertainment |
Three US soldiers, poll candidate killed in Afghanistan
EU polls kick off with boost for Dutch right-winger
Obama seeks to change Muslim perceptions of U.S. | International |
Videogames delivering workouts along with fun
Carradine may have died from sex act: Thai police
Taliban release all kidnapped students: officials
UK PM Brown battles to hold on in face of revolt | International |
Brazil mistakes sea 'trash' for plane crash debris
White House launches online offensive for Obama speech
GM hopes to return to profit by 2011: court papers
Speed an issue in Air France crash, search goes on | International |
US says speeding up visas for researchers
Oldest serving cop in US dies at age 84
No sign of debris yet at jet crash site: Brazil
U.S. to impose financial sanctions on North Korea: report | International |
Israel gives mixed signals on Iran attack
Intel buying Wind River Systems for $884 mln
EU to send mission to Moscow and Kiev over gas dispute
Philippine army kills 13 rebels in heavy fighting | International |
Bomb in Baghdad cafe kills 7
All Israeli options against Iran on table
China security tight in Tiananmen | International |
China bus fire kills at least 24: Xinhua | International |
Drug gangs kill 11 in Mexico, mutilate bodies | International |
US, China need to lead on climate: US senator
Iran leader issues veiled criticism of moderates | International |
Climate talks move into next phase
Carradine may have died from sex act: Thai police
NKorea sees SKorean president in Roh's suicide
Suspense builds ahead of Apple extravaganza | Technology |
Obama vows 'new beginning' with Islam
Apple's Jobs ready to return from leave: report | Technology |
Koreans Pak, Lee share LPGA lead
US, Israeli defense ministers meet in Washington
China: At least 24 die in bus fire in southwest
US, China need to lead on climate: US senator
Nintendo rejected rivals' technology choice: report | Technology |
North Korea silent on fate of US journalists
Tech firms see 18 percent drop in storage revs: report | Technology |
Obama urges laggards get ready for digital TV | Technology |
Progress but still no deal on NKorea sanctions: UN
Videogame industry prays for resilient 2009 | Technology |
US actor Carradine found hanged in Thai hotel
Aussie cricker Symonds ordered home, career in the balance
Canon revives new plant as camera sales hold firm | Technology |
Just a few on Twitter do all the tweeting: study | Technology |
Sony joins Universal, YouTube for music video site | Technology |
India new govt will focus on growth, help poor
Vietnam Airlines gets $120 mln loan for six aircraft
Pakistan's forex rise $330 mln to $11.52 bln
Pakistan stocks extend losses on economy, tax worries
Thai coroner seeks cause of Kung Fu actor's death | Entertainment |
Next season on the box? Anti-crisis 'Heal TV'
Edie Falco: from mobster wife to pill-popping nurse | Entertainment |
Europride gay festival expects 50,000 in Zurich
Chris Pine looks Unstoppable | Entertainment |
Soweto hopes to score on SAfrica's Confeds Cup
Heath Ledger documentary to air on Ovation TV | Entertainment |
Bollywood union boycotts Australia over attacks
Lost, Hangover try to catch Up at box office | Entertainment |
Defying recession, Japan's green cars surge in popularity
Reality gets Stranger with arranged-wedding show | Entertainment |
The Shield leads TV critics' nominations | Entertainment |
Calling Earth from the Air: world release of green movie 'Home'
Guns and drugs? Some rappers inflate hustler image | Entertainment |
Iconic Berlin Wall kiss to smack again: gallery
NY Philharmonic to play Platoon theme in Vietnam | Entertainment |
Australia PM outraged over sick kids TV stunt
"Carefree again", says Placebo's Brian Molko
Iraq, Afghanistan to resume ties soon: diplomats
Blind Japanese woman receives IBM's top award
British PM tries to save govt with cabinet reshuffle
Bomb kills 40 in Pakistan mosque as Holbrooke visits | International |
Rio Tinto calls off massive Chinalco tie-up
Iran to Obama: "sweet talk" not enough for Muslims
Obama speech aims to fix rift with Muslims
Myanmar court delays Suu Kyi trial, witness ruling | International |
Obama hopeful of Mideast peace progress this year | International |
Ukraine leader vows to block election changes | International |
Berlusconi says topless photos invasion of privacy | International |
Mogadishu exodus swells, Islamists battle for town | International |
Dalai Lama shrugs off concern over Dutch meeting | International |
Obama pledges Mideast peace drive
Obama speech widely hailed but foes still sceptical
U.S. says nuclear arms talks with Russia productive
Microsoft exec sees lower margins from cloud | Technology |
Sandra Bullock ... hates romantic comedies?
Philippine May inflation at 3.3pct, 18-month low
First Pacific denies Philippines asset swap bid
China, Japan should team up on product safety
Susan Boyle out of London clinic
Seoul shares end higher as techs, banks advance
Sky's the limit for Singapore gardens
China considering environmental tax: govt
Sandra Bullock ... hates romantic comedies?
NZ dollar steady, data eyed; debt weak
Susan Boyle leaves clinic, eyes U.S. success | Entertainment |
Growth figures confirm S.Korea avoided recession
World Bank: 900 mln dollar aid package to Pakistan
South Korea c.bank downplays recovery talk
Taiwan dollar ends at 1-week low on fund outflows
Bollywood producers, Indian multiplexes end standoff | Entertainment |
Researchers Say Playing Music In Stairwells May Help Fight Obesity
Kelly Osbourne's Hair Fell Out After Bleach-Job
Couple Conceived Baby At Green Day Show, Named Child Dookie
Saudi Prince Goes To Excess With $481 Million Private Jet
Prince William Is Dead Claims Google Database; The Prince Begs To Differ
Mysterious Lights Have Brits Eyeing Night Sky
Angelina Jolie Dethrones Oprah As Forbes Most Powerful Celeb
New York City Shelters Homeless At Vacant Luxury Condos
David Beckham Likes Eating Italian Delicacy "Little Bum"
Cameron Diaz Wishes She Had A Bigger Butt
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01