Liana's Feed
Apr 8, 2011

EA shoots for Masters to lift golf game sales

NEW YORK, April 8 (Reuters) – Golfers worldwide want a shot
at Augusta National Golf Club — but what about gamers?

Electronic Arts Inc (ERTS.O: Quote, Profile, Research, Stock Buzz), hoping to revive its golf
video game franchise, is featuring the famous course for the
first time in “Tiger Woods PGA TOUR 12: The Masters,” giving
sports and video game fans a chance to compete on a virtual
version of Augusta National.

Apr 7, 2011

Dish expands its scope with Blockbuster win

/NEW YORK (Reuters) – Dish Network Corp won Blockbuster Inc in a bankruptcy auction for $320 million, further broadening its business beyond satellite TV and setting up a possible showdown with Netflix.

Dish, the second-largest U.S. satellite TV company after DirecTV, trumped at least three other bidders, including activist investor Carl Icahn, for the one-time leader in video rentals.

Apr 6, 2011

Is Best Buy a good buy?

NEW YORK, April 6 (Reuters) – Investing in top U.S.
consumer electronics chain Best Buy (BBY.N: Quote, Profile, Research, Stock Buzz) is not for the
faint of heart.

Best Buy’s shares have lost about a third of their value
since November and touched a new 52-week low of $28.10 earlier
this week. The stock has been in free fall since March 24, when
Best Buy forecast a weaker-than-expected fiscal-year profit on
sluggish demand for televisions.

Apr 6, 2011

Dish wins Blockbuster auction for $320 million

/NEW YORK (Reuters) – Dish Network Corp won Blockbuster Inc in a bankruptcy auction for $320 million, further broadening its business beyond satellite TV and setting up a possible showdown with Netflix.

Dish, the second-largest U.S. satellite TV company after DirecTV, trumped at least three other bidders, including activist investor Carl Icahn, for the one-time leader in video rentals.

Mar 28, 2011

Manufacturers bet 3-D games can bring TV sales to life

NEW YORK (Reuters) – Raheem Patterson, a 35-year-old personal trainer, bought a new flat screen TV set just 18 months ago. But already he is considering an upgrade, only this time around he wants one with 3-D features.

Five times a week, Patterson plays Activision Blizzard’s “Call of Duty: Black Ops,” a game he could play in 3-D if he were to invest about $500 to $5,000 in a new TV set.

Mar 28, 2011

Analysis: Manufacturers bet 3-D games can bring TV sales to life

NEW YORK (Reuters) – Raheem Patterson, a 35-year-old personal trainer, bought a new flat screen TV set just 18 months ago. But already he is considering an upgrade, only this time around he wants one with 3-D features.

Five times a week, Patterson plays Activision Blizzard’s (ATVI.O: Quote, Profile, Research, Stock Buzz) “Call of Duty: Black Ops,” a game he could play in 3-D if he were to invest about $500 to $5,000 in a new TV set.

Mar 24, 2011

GameStop sees better 2011 for games business

NEW YORK (Reuters) – GameStop Corp, the world’s largest retailer of video game products, forecast stronger 2011 profits that signaled a rebound in the traditional video game industry.

Shares of GameStop rose up more than 3 percent on Thursday after it reported a higher-than-expected profit and issued rosy profit forecasts for the current quarter and full year 2011.

Mar 24, 2011
via MediaFile

Is Siemens coming after Zynga?

Photo

Zynga better brace for its newest rival, the German manufacturing behemoth Siemens, which is reinventing itself as a social gaming startup with its first title out today, “Plantville.”

While Zynga makes money by selling virtual items in their games, say tractors, Siemens won’t charge for any items and just wants to muster up interest in “math, science and technology while inspiring the next generation of plant managers.” Siemens, keep in mind, has the edge of having sold tractors in real life.

Mar 23, 2011

Gameloft looks to app stores, TV for growth: CEO

NEW YORK (Reuters) – Gameloft SA (GLFT.PA: Quote, Profile, Research, Stock Buzz), a French video game publisher, sees its growth coming from the just-launched Amazon AppStore and from games played on televisions without consoles, the top executive told Reuters.

After riding the wave of Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) products by making games for iPhones and iPads, Gameloft is now turning to Amazon.com Inc’s (AMZN.O: Quote, Profile, Research, Stock Buzz) new store to boost sales on Google’s Android software platform.

Mar 18, 2011

Angry Birds developer takes aims at New York IPO

NEW YORK/HELSINKI, March 18 (Reuters) – Rovio, the
developer of the “Angry Birds” mobile game, plans a U.S.
initial public offering in the next five years, a move that
could give investors a chance to tap into the fastest growing
segment of the video game industry.

The chairman of Rovio Mobile’s board, Kaj Hed, told Reuters
on Friday that the IPO would be in the next five years and
listed in the United States, likely on the Nasdaq.