'Grand Theft Auto V' to be released in September

A new installment of the unabashedly violent "Grand Theft Auto" videogame franchise will hit streets worldwide in September, Take-Two Interactive Software announced Thursday.

Activision 3Q earnings soar, 2011 outlook raised

(AP) -- Activision Blizzard Inc. said Tuesday that its third-quarter net income nearly tripled thanks to strong demand for its video games. The company also raised its full-year outlook on the heels of Tuesday's launch of ...

Late 'Madden' saps August video game sales

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 21 percent in August to $649 million, according to market researcher NPD Group, partly because the popular "Madden NFL 12" released later in ...

Game sales strong for EA but outlook hurts shares

(AP) -- Video game publisher Electronic Arts Inc. said Tuesday that strong sales of games such as "Battlefield: Bad Company" and "Mass Effect 2" gave the company a quarterly profit above expectations. But its outlook fell ...

Former studio heads sue Activision after firing

(AP) -- Two game studio heads fired by Activision this week are suing the video game publisher, saying it let them go to avoid paying hefty royalties from the popular "Call of Duty."

Take-Two posts larger 4Q loss on higher charges

(AP) -- Charges and expenses outweighed higher sales and drove video game publisher Take-Two Interactive Software Inc. to post a wider fourth-quarter loss on Thursday, as billionaire activist investor Carl Icahn reported ...

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