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THQ misses Street on weak game sales, cuts forecast (Reuters)
Reuters - THQ Inc's cut its annual earnings forecast on Thursday and told investors it would become a much smaller video game company with half the volume of sales next year.

Take-Two quarterly revenue falls on NBA video game (Reuters)
Reuters - Take-Two Interactive's third-quarter revenue missed Wall Street expectations after the video game maker sold fewer copies of its basketball video game, "NBA 2K12", than expected.

Review: Square gets 'Final Fantasy' back on track (AP)
AP - The "Final Fantasy" franchise, now in its 25th year, has one of the most enthusiastic fan bases in all of video games. And those fans made their voices heard after the 2009 release of "Final Fantasy XIII," which jettisoned some of the series' long-standing features in exchange for a more streamlined, action-packed narrative.

Viacom 1Q earnings shredded by 'Rock Band' (AP)

Pedestrians pass Viacom headquarters, Wednesday, Feb. 1, 2012 in New York. Viacom posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the “Rock Band” series of video games. (AP Photo/Mark Lennihan)AP - Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games.


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