Ahead of the re-release of Grand Theft Auto V for newer consoles, the game maker's fiscal second-quarter earnings shed light on its growing online business.
Game maker's revenue rises and loss narrows, but it chooses to delay a key game by several months.
Ten million of the total GTA V units sold were for new game consoles in the last month and a half of 2014, continuing to boost the game maker's profits well above Wall Street expectations.
Ben Feder and his family plan to travel in Asia "for an extended period," the company says, and its chairman, Strauss Zelnick, will take over as chief executive.
Game company's CEO expects revenue to be increasingly dominated by digital sales. That said, he doesn't expect the trend to hurt physical game sales.
At the 2013 Frankfurt auto show, Mercedes-Benz rolled out one of its big cars, a concept based on the S-Class, but in coupe form.
Electronic Arts extends its tender offer deadline for gaming rival Take-Two Interactive Software, marking its third extension since announcing its hostile bid.
Company behind Grand Theft Auto agrees to pay a $3 million penalty fee to settle its case with the Securities and Exchange Commission, the agency announces.
Video game industry should pin its financial hopes on microtransactions, downloadable content, and subscriptions, Take-Two's executive chairman says.
The video game publisher posts a wider quarterly loss and forecasts a sharp drop in sales revenue for the current quarter.