The overcrowded monkey house that was the 2007 holiday release season lost one of its 800-pound gorillas today. Without warning, this afternoon Take-Two Interactive stunned the game industry by announcing it was delaying Grand Theft Auto IV to the second quarter of its 2008 fiscal year, which begins on February 1, 2008. Published by Take-Two […]

Though it faces stiff competition from Rock Band in the fall, for the moment, the Guitar Hero franchise is a money-minting machine. Massive sales of Guitar Hero II helped propel Activision into the earnings stratosphere during its first fiscal quarter, which saw the company’s quarterly income soar 163 percent.

Activision’s $495.5 million April-June net revenues bested […]

AP - LOS ANGELES (AP) — Continued strong attendance at its domestic theme parks and brisk sales of video games and licensed merchandise helped boost profits for The Walt Disney Co. in the third quarter.

AP - A Japanese computer science student fails to take a full load of university classes and loses his student visa. A 10th-grade Indian girl is detained because of a high school essay she wrote on the Department of Homeland Security. These are two of the characters in “ICED!”— a new video game that invites […]

Take-Two is reducing its fiscal 2007 guidance primarily to reflect the movement of the launch of Grand Theft Auto IV for the PS3 computer entertainment system and the Xbox 360 video game and entertainment system from the fourth quarter of fiscal 2007 to fiscal 2008, due to additional development time required to complete the […]