Print Version Of EGM May Be On Its Way Out

Ziff Davis may shutter Electronic Gaming Monthly, according to Jason Young, CEO of the ailing publisher. The company announced earlier this week it was shutting down the print version of PC Magazine, a publication that has been in existence for 27 years, shifting focus to its online sibling. And it may do the same for… » 11/20/08 5:40pm 11/20/08 5:40pm

Circuit City Files For Bankruptcy, Owes $898 Million

Given Circuit City's recently publicized downsizing » 11/10/08 3:40pm 11/10/08 3:40pm and it probably won't come as a surprise that the situation is dire enough for the electronics and software retailer for them to file for bankruptcy protection. If that out of the blue, aren't you glad we prefaced the announcement with how unsurprising it would be?…

THQ Delays Red Faction, Posts $114M Loss, Confirms Layoffs

Things have been tough for THQ over the past couple weeks, with delays » 11/05/08 7:40pm 11/05/08 7:40pm, and a making headlines. The company announced its quarterly results today which were, surprise, surprise, not too good. The publisher reported sales of $164.8 million, down from $229.3 million in the same quarter last year. THQ bled cash to the…

EA Loses $310 Million, Sees "Weakness At Retail" In October

Electronic Arts announced its Q2 results today, posting a $310 million net loss for the quarter, despite seeing an increase in revenue totaling $894 million. That's a pretty big difference from last year, when, during the same time frame, EA lost just $195 million on income of $640 million. It takes money to lose… » 10/30/08 6:20pm 10/30/08 6:20pm