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News Breaks
March 15, 2013
08:32 EDTGLUU, ZNGA, SNE, TTWO, THQI, MSFT, COOL, NTDOY, EA, ATVI, GMENPD: Physical video game sales down 25% in February, Seattle Times says
U.S. retail sales of physical video games, hardware and accessories fell 25% to $810M in February, according to data from NPD Group, reported The Seattle Times. NPD said hardware sales dropped 36%, software sales slid 27% and accessory sales fell 3%, and also noted physical game products now roughly split the market evenly with digital game sales, the report stated. Reference Link
News For ATVI;EA;GME;MSFT;SNE;NTDOY;THQI;ZNGA;COOL;TTWO;GLUU From The Last 14 Days
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March 17, 2015
09:03 EDTEA, SNE, MSFTElectronic Arts, Visceral Games announce availability of Battlefield Hardline
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08:41 EDTGLUUGlu Mobile to partner with Kendall, Kylie Jenner on new mobile game
Glu Mobile announced that the company will partner with Kendall and Kylie Jenner on the development of a new mobile game. Featuring the voices, likenesses, and creative influences of Kendall and Kylie, the game will allow players to interact with the sisters as friends and mentors as they work to realize their creative and career aspirations. Glu expects to launch the game worldwide in late 2015 on iOS and Android. Glu will provide additional details on the game's development and Kendall and Kylie's involvement at a later date. Shares of Glu Mobile, the maker of "Kim Kardashian: Hollywood," are up about 7% in pre-market trading to $5.15.
07:12 EDTMSFTDeutsche Messe to hold a conference
CeBIT 2015 is being held in Hannover, Germany on March 15-20.
06:21 EDTNTDOYNintendo to develop smartphone games with DeNA
Nintendo and DeNA Co., Ltd. entered into a business and capital alliance to develop and operate new game apps for smart devices and build a new multi-device membership service for consumers worldwide. Leveraging the strength of Nintendo’s intellectual property and game development skills in combination with DeNA’s world-class expertise in mobile games, both companies will develop and operate new game apps based on Nintendo’s IP, including its iconic game characters, for smart devices. The alliance is intended to complement Nintendo’s dedicated video game systems business and extend Nintendo’s reach into the vast market of smart device users worldwide. To ensure the quality of game experience that consumers expect from this alliance of Nintendo and DeNA, only new original games optimized for smart device functionality will be created, rather than porting games created specifically for the Wii U home console or the Nintendo 3DS portable system. Nintendo and DeNA also plan to develop an online membership service that is accessible from smart devices, PC and Nintendo systems, such as the Nintendo 3DS portable system and the Wii U home console. The membership service, which is targeted to launch in the fall of 2015, will be built on DeNA’s extensive experience and capabilities in online membership services.As part of the long-term relationship and commitment by each company, Nintendo and DeNA have also agreed to form a capital alliance. Under the capital alliance, Nintendo will acquire 15,081,000 of DeNA’s treasury shares, which corresponds to 10% of its total outstanding stock, for a total of approximately Y22B. DeNA will simultaneously acquire 1,759,400 of Nintendo’s treasury shares, which corresponds to 1.24% of its outstanding stock, for a total of approximately Y22B. The payment is due April 2.
05:55 EDTSNEVAIO expected to become strong competitor to Sony smartphones, DigiTimes says
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March 16, 2015
09:03 EDTMSFTMicrosoft price target lowered to $49 from $52 at UBS
UBS lowered its price target on Microsoft to $49 from $52 citing lower PC demand and foreign exchange headwinds. UBS reiterated its Buy rating on Microsoft shares.
07:32 EDTMSFTUBM Tech to hold a conference
Enterprise Connect 2015 is being held in Orlando, Florida on March 16-19.
March 15, 2015
19:12 EDTSNEDisney's 'Cinderella' takes top spot at domestic weekend box office with $70.1M
Rentrak (RENT) announced the official domestic weekend box office estimates for the weekend of March 15, as compiled by the company's theatrical measurement services. Disney's (DIS) "Cinderella" took the top spot at the domestic weekend box office with $70.1M: Warner Bros' (TWX) "Run All Night" took the second spot at the box office with $11M; 20th Century Fox's (FOX, FOXA) "Kingsman: The Secret Service" took third with $6.2M; Warner Bros' "Focus" took the fourth spot at the box office with $5.8M and Sony's (SNE) "Chappie" took fifth place with $5.8M.
March 13, 2015
17:11 EDTSNESony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
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10:34 EDTMSFTApple joins data center group with Facebook, Microsoft, The Information says
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08:17 EDTMSFTMicrosoft price target lowered to $48 from $58 at Pacific Crest
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07:49 EDTTTWO, ATVI, GME, NTDOY, SNE, MSFT, EAVideo game hardware sales up 10% in February, software up 7%, Game Informer says
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05:54 EDTMSFT, SNEIDC: Worldwide tablet long term growth in low single digits, Digitimes says
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05:54 EDTSNEIDC: PC shipments to drop 4.9% in 2015 before improving slightly, DigiTimes says
Worldwide PC shipments is expected to drop 4.9% in 2015, compared to a previous forecast of 3.3%, reports DigiTimes, according to the IDC Worldwide Quarterly PC Tracker. Total 2015 volume is projected at 293.1M PCs, slipping further to 291.4M in 2019. The report also said growth projects for 2016 and 2017 improved slightly. Reference Link
05:42 EDTATVI, TTWO, GME, EAFebruary video game software sales rose 7%, says Piper Jaffray
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