New media on the rise

June 01, 2008 Reluctant to participate in the month's rally, for example, were satellite radio firms Sirius and XM, down 4.7%% and 1.9%, respectively, despite their bullish intentions to merge. [...] video game sales presumably are going gangbusters with Nintendo's "Wii Fit" and Take-Two Interactive Software's "Grand Theft Auto IV" flying off of store shelves, but investors might not know it by skittish video game stocks. Electronic Arts fell 2.5% in May and Midway Games was off 15%, while THQ was up fractionally and Activision was up a hefty 24.8%.

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.