Nintendo posted its first half-year loss in seven years. And Viacom announced it’s selling the once-hot Harmonix unit, developer of Rock Band and creator of Guitar Hero. Harmonix had been pulling down Viacom’s earnings for several quarters, including a $260 million write-off in the most recent quarter.
According to eMarketer, some evidence of a shift to mobile gaming is shown by the growth of ad spending in mobile games, expected to hit $192 million in 2011, up 33 percent over 2010. That isn't much, compared to total gaming spending of about $2.6 billion, but the growth rate is quite high.
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