Friday, September 01, 2006

Madden scores $100 million hit


Electronic Arts Inc.'s latest Madden football video game grossed more than $100 million in its first week, the biggest launch in the franchise's 17-year history and the latest sign of an improving outlook for the industry.

EA, the world's largest video game publisher, said consumers snapped up more than 2 million copies of "Madden NFL 07" in its opening week, up 12 percent from last year's game launch. The Madden game is the flagship franchise for the Redwood City-based game maker, with new versions each year ranking consistently as a best seller. To date, more than 53 million copies of the game have been sold.

Microsoft Corp. said its Halo 2 game reached $125 million in sales within the first 24 hours in 2004 -- robust interest in the Madden game is a welcome development in a year where game makers are struggling amid a video game console transition period.

Still, the success of the latest Madden game illustrates how lucrative the video game industry has become. Its opening-week gross sales rivals some of this year's biggest movie box office draws: "The Da Vinci Code" movie, for instance, drew $102 million in its first week, according to Exhibitor Relations Co. Inc.

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