Thanks in part to the huge success of titles like Grand Theft Auto IV and Super Smash Bros. Brawl, GameStop reported a net earnings increase of 151% for the first quarter of 2008 according to sales figures released by the company.
Total sales increased to $1,813.6 million in the first quarter, up from $1,279 in the [...]

The ESA announced this morning that Texas Governor Rick Perry will give a keynote address at this year’s E3 event.
“Governor Perry and the E3 Media & Business Summit are both great success stories,” said Michael D. Gallagher, CEO of the ESA. “The Governor’s keynote address is especially timely given the high concentration of entertainment software [...]

It looks like New York isn’t the only state that wants an expanded presence in the video game industry.
Georgia Governor Sonny Perdue signed the 2008 Entertainment Industry Investment Act (HB 1100) into law today, in an attempt to encourage more industry productions in the state. Under the new law, companies can receive a 20 percent [...]

Former Nintendo chairman Hiroshi Yamauchi is Japan’s richest man, according to a report in the the latest edition of Forbes Magazine.
Thanks in large part to the tremendous sales of the Wii and DS over the years, Yamauchi has a net worth of $7.8 billion, which increased by $3 million in the past year moving him [...]

E3 2008 is just two months around the corner, and today Electronic Arts announced the details of their press conference for the event.
While they held off on specifics, the conference will take place at the Orpheum Theater in Los Angeles, California at 3pm PT on Monday July, 14. The main conference, returning to the L.A. [...]

THQ reported their financial results for the fiscal year and fourth quarter yesterday evening. The fiscal year, ending on March 31, proved to be a tough one as the company reported a net loss of $35.3 million despite expectations of turning a profit.
“In fiscal 2008, we did not achieve our revenue and profit targets and [...]