Music titles boost video game business in 2007
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DENVER (Billboard) - By all accounts, 2007 was a great year  for the video game industry, driven largely by the rising  popularity of music-based titles.
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Video games are great back-to-school items -- and they're also great investments.
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Game consoles doing so well, company needed to revise 2007 financial forecasts.
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Video game maker needs to work on its brand management.
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The last 12 months have been one of the best years in video game history, both critically and commercially.
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Some claim that video games help kids hone real musical chops and interest in the instrument.
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The UK games market grew by 100% compared to a 30% rise in cinema takings and a 4.5% drop in music sales between 1997 and 2003. Send your views.
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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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DENVER (Billboard) - After 2006 -- a year when virtually no  one managed to launch a digital music service in competition  with Apple's dominant iTunes -- 2007 was a refreshing change of  pace.
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Microsoft Corp sold 4.3 million  Xbox 360 video game consoles in the last three months of 2007,  helped by hit titles such as "Halo 3" and "Mass Effect,"  according to company data released on Thursday.
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With next-generation game systems not expected until 2006, the video game industry needs blockbuster games to keep business flowing.
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Microsoft Corp  sold 4.3  million Xbox 360 video game consoles in the last three months  of 2007, helped by hit titles such as "Halo 3" and "Mass  Effect," according to company data released on Thursday.
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CANNES, France  - Away from the headlines of job  losses, grumbling artists and falling global sales, the music  industry is trying new business models to boost digital sales  and offset the decline in CDs.
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Despite another money-losing quarter, the future of the video game publisher looks bright.
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December 23, 2004 - Few would argue that Rockstar Games have set a precedent in terms of in-game music with their latest installment of Grand Theft Auto.
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CANNES, France  - Away from the headlines of job  losses, grumbling artists and falling global sales, the music  industry is trying new business models to boost digital sales  and offset the fall in CD sales.
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A look back at this year's trends that defined the digital music business.