Game Sales Thrive Thanks to the Big Kids (in Their 20's)
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Despite an expected cyclical downturn in sales, the video game industry is poised to enjoy a record-breaking holiday season.
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U.S. video games sales totaled $17.9 billion last year (a record), up from $13.5 billion in 2006, thanks to shiny new consoles and a slew of great games.
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In December, Nintendo had its biggest month ever with the hot-selling game system. Holiday shoppers bought 1.4 million Wiis, according to sales data released Thursday by the NPD Group. The Wii's success helped drive the video game industry to a record-setting $17.9 billion in sales, about 43% higher than 2006's $12.5 billion, which was also a record.
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No wonder people love computer and video games. They&#39;re realistic, fast-paced, interactive and challenging. Just about any age can play.
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Halo 3, one of the most heavily marketed games in history, goes on sale at thousands of stores in the US.
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U.S. sales of video-game hardware and software jumped more than 50 percent in November, driven by record purchases of Nintendoâ Wii console and several new blockbuster games.
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Plenty of video games promise 40 hours of play, but who has the time? That's right, those hard-core, teenage players who occupy the other side of that raging demographic schism, that's who. Commentary by Clive Thompson.
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According to figures just released by market research firm NPD Group, escapism was a big winner in 2007. Despite an overall slowdown in consumer spending, the video-game industry posted a strong increase in earnings, up 43 percent from the year before. It was the second year of double-digit growth for video games, which grew by 19 percent in 2006.
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Having survived onslaughts by waves of star kids and supermodels, the Hindi film industry's over 40-year-old reigning superstars are showing no signs of slowing down and have little to fear from the new crop of entrants.
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Game maker held its own in a crowded Christmas-season marketplace.
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Move over, junior. Grandma and grandpa are joining the wave in video and computer games as makers step up efforts to promote the software as brain-healthy exercises.
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Gamers stuck in the United States have had little chance of going pro. Until now. By Bruce Gain.
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From Microsoft's Silicon Valley campus to a Manhattan Best Buy, game enthusiasts launch into action.
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The dollars were flying in 2007, whether it was from gamers grabbing for Halo and Guitar Hero, or Vivendi shelling out for Activision.
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It's cool to have a lock on a fast-growing market. Or two. Or 12.
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According to Nielsen Wireless and Interactive Services, the number of video game consoles in U.S. households has expanded by 18.5 percent since the fourth quarter of 2004.
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Shares of the leading video game software publishers traded higher Friday despite mixed November sales. US sales of console games -- those made for Sony&#39;s (SNE:NYSE - news - research) PlayStation 2, Microsoft&#39;s