News Bytes: NYSE Suspends Trading of MWY/Midway Files Chapter 11 Bankruptcy

News Bytes for Video Game Stocks. Thursday Feb. 12 Edition.

The NYSE has suspended the trading of MWY shares. Midway has filed Chapter 11 bankruptcy protection to relieve itself from the pressures of debt. According to the company, its all part of the restructuring efforts. More to come later. Despite the [...]

Some Electronic Arts, Some Activision, A Little Bit of Comic Con and False Rumors

Daily News for January 27, 2009:

Electronic Arts has axed marketing and PR jobs in the UK as part of their 2009 downsize plan
New Downloadable Guitar Hero World Tour tracks in February. Tracks include musicians: Bob Seger, Paul McCartney, and the Shins.
You know those PSP2 rumors floating around the internet? They are apparently [...]

EARNINGS ALERT: Activision Blizzard(ATVI) AND Konami(KNM) Make Investors Anxious with Earnings Date Announcements

Konami (KNM) is set to release their 3rd quarter and full year financial results on the 5th of Feb. Wednesday, Feb 9th, Activision Blizzard is set to release their December Quarter and Full year results. Can we expect the same or will there be any surprises?

DUKE IT OUT! Who Has Better 09′ Lineup?

_Activision Blizzard or Take Two Interactive. We all know that a new Call of Duty will be coming out AND a new Guitar Hero. Activision will also release a Tony Hawk that you can play without a controller, Wolfenstein, Wolverine, Transformers and James Bond among others. Take Two will release Grand [...]

Guitar Hero 3 Generates Over $1 Billion in Sales

Activision outdid itself again. Yesterday, in his keynote speech, Activision Publishing CEO Mike Griffith mentioned that Guitar Hero 3: Legends of Rock generated more than $1 billion in sales. his makes it the first game ever to reach a billion dollars in sales. About one year ago, it was announced that the whole [...]