March madness for video games

March 31, 2008 The Nasdaq hardly budged last month but many new-media stocks flew considerably higher, and video games deserve much of the credit. The video game sector in general was buoyed by the revelation that, whether or not the U.S. economy is in recession, Americans are still buying games and consoles in droves. In February, software sales were up 47% year-over-year while hardware sales were up 19%, research firm NPD said.

Subscribe to the Hollywood Reporter and see the entertainment industry from its best angle: the inside looking out. Complete access to real-time news and exclusive analysis that goes behind the scenes from film to television, home video to digital media.

   Subscribe now.