DEC. 1, 2009 • At the Reuters Global Media Summit in New York City, EA chief executive John Riccitiello stated that the publisher is releasing too many titles a year at 50, that the number releases would be cut back to 40 during the next fiscal year, and that publishing 30 games a year would not be out of the question. Impact: Insiders say EA decided several years ago to solve its revenue issu.....

DEC. 1, 2009 • Left 4 Dead 2 more than doubled the sales of its predecessor during its first month in release, according to Valve Software. In that time the game moved more than 2 million copies worldwide. That figure includes retail and direct distribution sales via ValveR.....

NOV. 30, 2009 • Mobile and online game developer Xendex received $3.6 million in venture capital funding from Pontis Capital. The developer has recently branched out into iPhone and PSP minis content, and has secured a licensing agreement with Red Bull. .....

NOV. 27, 2009 • Thanks to strong sales of its new Call of Duty: Modern Warfare 2 released earlier in the month, Activision Blizzard announced the franchise had surpassed $3 billion in global retail sales. Modern Warfare 2 posted more than $550 million in sales during its first fi.....

NOV. 24, 2009 • Japanese publisher Enterbrain reported that in it first two days on sale the Nintendo DSi LL sold 103,524 units. By comparison, the DSi moved 170,770 units in its first two days on sale in 2008. Two-day sales for Sony’s PSP Go were not available, but Enterbrain said 28,275 of th.....

NOV. 20, 2009 • The Nielsen Company and Microsoft Corp. have partnered to research how well Xbox 360 players respond to in-game advertising. The latter sees an opportunity to peel away ad dollars from network television and wants to better measure the effectiveness of in-ga.....

NOV. 19, 2009 • The Government of Singapore Investment Corp. (GIC) sovereign wealth fund took a 5.4% stake in China’s Shanda Games, the online game spin-off of Shanda Interactive Ent. GIC’s investment totaled $47 million. A month later, Shanda Games formed a joint venture with Kingso.....