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Take-Two Interactive Software, Inc. Reports Stronger-Than-Expected Results for Fiscal Year 2016

NEW YORK---- Take-Two Interactive Software, Inc. today reported stronger-than-expected financial results for its fourth quarter and fiscal year 2016, ended March 31, 2016, and provided its initial financial outlook for its first quarter and fiscal year 2017.. GAAP net income increased to $46.4 million, or $0.48 per diluted share, as compared to GAAP net loss of...

Source: Business Wire

Increase in Popularity of F2P Online Games Driving the Global Online Gaming Market Through 2020, Says Technavio

LONDON---- According to the latest market study released by Technavio, the global online gaming market is expected to grow at a CAGR of almost 12% during the forecast period. This research report titled‘ Global Online Gaming Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. According to Soumya Mutsuddi, a...

Source: Business Wire

Alliance Media Holdings Inc. Reports Financial Results For The Three And Nine Months Ended March 31, 2016

NEW YORK, May 16, 2016/ PRNewswire/-- Alliance Media Holdings Inc., a distributor, developer and publisher of interactive video games and gaming products, today announced its financial results for the three and nine months ended March 31, 2016. Net sales for the three months ended March 31, 2016 increased 6% to $14.0 million from $13.2 million in the three months...

Source: PR Newswire

Skydance Media Acquires Leading Game Developer The Workshop and Launches Skydance Interactive

SANTA MONICA, Calif.---- Skydance, a diversified media company that creates elevated, event-level entertainment for global audiences, today announced that it has acquired leading game developer The Workshop Entertainment, Inc. and launched Skydance Interactive, LLC, a dedicated subsidiary that will create and own original video games and virtual reality...

Source: Business Wire