State of Electronic Gaming Sector

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We'll stocking up in part two of our weeklong series look at winners and losers this holiday season among videogame makers and sellers.

How might they fare especially in the wake of the Connecticut shootings and mounting criticism of violent video games but how -- Factor of what bush securities thanks for being with us Michael.

So you know a big horrible -- like this happens.

And that shares of take two interactive inevitably take a hit they dead right after this horrible incident right.

Yeah that's the one that typically does get hit when we start having legislators talk about.

Potential regulation of violent video games there are several in -- publishers -- make violent games take two has more of its lineup dominated by them.

And I think the poster child is Grand Theft Auto which should be coming -- the first happen next year.

That's where it you know players take take the role of bad -- and and essentially you can indiscriminately kill anybody want.

There are consequences but.

That's the one that typically gets blamed I think in this particular case.

Call of duty is probably -- game that's going to take more heat and that's a military style shooter made by Activision.

Yeah that is not starving and crime that are just warfare right and might be less less manic but statistically -- looking at a the -- today that shows that.

While the US spends only half as much per capita on video games as South Korea.

Our rate of murders gunshot murders per 100000 people is it over three murders per 100000.

And South Korea's darn near zero was not really videogames causing killings is it.

You know I think it's crazy people who commit these types of -- and you know -- I think there's something probably more wrong with our society and that we have so many crazy people.

You know I I I don't think the video games are an instructional manual on how to you know commit a crime.

I think that there entertainment in the same way that you know violent movies are entertainment and there are books that depict.

Violent acts and they tend not to get blamed for these types of things so.

I'm with the US I think that we have a greater societal problem with crazy people out there okay which probably should address that.

Now let's talk holiday outlook for some of these videos stocks you like to players and music think while third with a big -- -- like electronic arts and GameStop the retailer.

And you saved Best -- could be the big loser want to start -- -- EA.

DA's got a pretty diverse lineup they've they've already taken their -- So the you know the games that aren't working -- -- Star Wars the Old Republic has been a pretty much a disaster all year.

And medal of honor which came out and October was a big bomb.

Those are behind them when they gave their updating guidance I think there -- on track to hit their numbers one of my competitors lowered his estimates today.

He's just pessimistic that -- -- sell anything again I think he's wrong.

I think companies well positioned and they have a phenomenal lineup next year's I think there.

They're gonna participate next year in a rebounding game sales there there for 2014 they're diverse.

-- a lot and the retailer GameStop I would have thought those -- -- put out of business by digital downloads.

Yeah you know it's funny digital downloads have -- really put anybody out of business yet.

We still have written red box going nice and strong Netflix is dvd businesses.

So was nine million customers so people rent you know physical -- movies and digital downloads -- -- -- everywhere.

The recording industry association said that there were 245 million CDs sold in the US in 2011.

So we're still buy -- C.

d.s OK I wouldn't worry about physical games going away.

For at least another ten or fifteen years of it stops in the prior art only -- -- of those two.

Positive -- thanks very much Michael packer of -- bush my securities cadet.

And tomorrow.

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State of Electronic Gaming Sector

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