Video-Game Publishers See Another Blockbuster Year
After a blockbuster year with record sales, video-games publishers show no signs of letting up in 2008 as they prepare for the release of a parade of new titles for legions of gamers.
The gaming community is already buzzing over the long-awaited release of such titles as Grand Theft Auto IV from Take-Two(TTWO), Spore from Electronic Arts(ERTS) and Little Big Planet, a new game from Media Molecule, a small game developer. Industry observers say some of the releases could spark a new trend in games offerings. The stakes are huge. THQ(THQI) is pinning its hopes on the release of Saints Row 2. And Nintendo hopes its new fitness game will provide a successful template for its best-selling console. Together, these new games could take the industry even higher. Despite fears of a slowdown in the economy and weak consumer spending, industry sales were up 52% to $13.2 billion, as of November, from a year ago. Gamers saw one of the biggest lineups ever with releases that included such blockbusters as Halo 3, Call of Duty IV, Rock Band, and Guitar Hero 3. The year clearly belonged to Activision(ATVI), which not only topped sales charts through the crucial holiday season, but also pulled off a $18.9 billion merger with Vivendi Games to become the industry's largest publisher. While publishers haven't completely disclosed the titles under development, here's a list of some games that could have the greatest impact on stock prices in 2008.TheStreet Premium Services For Personal Service: 877-471-2967
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreETF Profits:
Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,890.46 | 1,351.95 | 2,927.23 | 20.47 |
Oil *
118.75
|
|
UP
6.51 |
UP
1.99 |
UP
11.37 |
UP
0.72 |
10 Yr
2.05%
SPDR Gold
168.02
|
|
+0.05%
|
+0.15%
|
+0.39%
|
+3.65%
|
Data delayed 20 minutes |

Connect with TheStreet