At a time when the music industry is Auto-Tuning its own eulogy and Hollywood has all but given up on DVDs, 1.5 million people lined up at midnight events to score copies of Call of Duty: Modern Warfare 3, proving that even in an era when more of us want our entertainment for free, some things are still considered worth their price.
How long can Nintendo Wii maintain its position as the reigning video-game console? Microsoft shipped an astronomical 8 million Kinect game systems in the past two months, undermining Wii's leadership -- already weakened by competition from the Xbox and PlayStation 3.
The Nintendo Wii's dominance over motion-control gaming eroded further this weekend as Microsoft and Sony highlighted their own new controllers at Japan's largest video-game industry event. Plus, Sony updated PS3 to play 3-D Blu-ray movies.
A 20% plunge in the take for consoles and portable players weighed down overall U.S. video game industry sales, which fell 5% in May. The big drop was due to hardware's lower average prices, though unit sales were roughly flat.
In an effort to increase revenue sources, online video company Hulu is reportedly close to striking a deal with Sony to offer a paid TV service on its PlayStation 3.
