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Denver, 4:09 AM
Mon Dec 28
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CBS Begins Lay-offs At CNET, GameSpot
CBS is bringing the ax down on CNET, the media company it purchased in May of this year for $1.8 billion. That means merging newsrooms and lay-offs at entertainment sites like TV.com, MP3.com and Gamespot. More »EA "Disappointed" With Holiday Sales, Will Kill More '09 Games
Electronic Arts announced today that it expects earnings to be below expectations and will reduce the number of games in its 2009 game release line up. That will also mean further "headcount reductions." More »Print Version Of EGM May Be On Its Way Out
Circuit City Files For Bankruptcy, Owes $898 Million
THQ Delays Red Faction, Posts $114M Loss, Confirms Layoffs
EA Loses $310 Million, Sees "Weakness At Retail" In October
Midway Had A "Bad Day" On Wall Street