Topic: Michael Pachter

June video game sales likely declined again amid lackluster game releasesJune's video game retail sales report from the NPD Group will likely show another decline despite improved sales of the Xbox 360 and the PlayStation 3, says Wedbush Morgan analyst Michael Pachter. ...
Take-Two shares climb after game sales report shows solid showingShares of Take-Two Interactive Software Inc. inched higher after the NPD Group's latest video game sales report showed a strong debut for "Red Dead Redemption." THE SPARK: Take-Two has long relied on its ...

A virtual farm turns new ground for game developers

SAN FRANCISCO (Reuters) - A virtual farm attracting up to 83 million aspiring farmers monthly has video game developers scrambling to find ways to plough the booming popularity of games on social networks. Sites like Facebook, which has an estimated 400 million ...

Gameworld: A virtual farm turns new ground for game developers

SAN FRANCISCO (Reuters) - A virtual farm attracting up to 83 million aspiring farmers monthly has video game developers scrambling to find ways to plough the booming popularity of games on social networks. Sites like Facebook, which has an estimated 400 million ...
Activision Blizzard says 'Call of Duty' has crossed the $1 billion markVideo game publisher Activision Blizzard Inc. said Wednesday that the game "Call of Duty: Modern Warfare 2" has brought in more than $1 billion in revenue since it went on sale ...

Sales of music video games plummet in 2009

DENVER (Billboard) - What a difference a year makes. The music-game category raked in $1.4 billion in revenue last year, according to Wedbush Morgan Securities analyst Michael Pachter, driven largely by sales of "Rock Band 2" and "Guitar Hero World Tour." By ...
US video game retail sales fall 16 percent in August, sixth month of double-digit declineVideo games sales declined in August for the sixth straight month, following what analysts called a disappointing showing from the latest "Madden" game. Nonetheless, game makers are eyeing ...

Digital downloads spell end for videogame stores?

LOS ANGELES (Reuters) - Will digital downloads kill the videogames store? That's the multibillion dollar question facing retailers from Wal-Mart Stores Inc and Target Corp to GameStop Corp, as Internet distributors continue to grow. Retailers like Target splashed out on large booths ...
Anticipated innovations could incite video game evolution in sequel-filled 2009Don't hit that pause button just yet. Despite the tanking economy and an increasing number of video game-industry layoffs, many believe 2009 will be a year of evolution for games. The combination of ...
Color-spraying blobs and horses to tame: Video game companies look to tap mainstream audienceA tough little blob must splash color over a town wallowing in gray. Bug-eyed rabbits do a dance routine. And then there's the "perfect equine farm" of wild horses ...