Miss: Video games sales slump

Is it game over for the console gaming industry? In July, video game sales were <a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/08/july-2011-video-game-sales-lowest-in-nearly-5-years-says-npd.html">the lowest since 2006</a>. THQ <a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/08/thq-shuts-2-studios-lays-off-200.html">closed two studios and laid off 200</a> people, and the <a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/08/take-two-la-noire-sales.html">highly anticipated L.A. Noire</a> didn't exactly burn up the sales charts despite some critical accolades. Who can rescue the industry? Well, gamers are looking to the Jedi and EA, <a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2011/08/ea-shares-jump-after-analyst-optimism-over-upcoming-star-wars-game.html">whose shares recently jumped</a> as everybody awaits the newest Star Wars game, the Old Republic.
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( Ina Fassbender / Reuters )

Is it game over for the console gaming industry? In July, video game sales were the lowest since 2006. THQ closed two studios and laid off 200 people, and the highly anticipated L.A. Noire didn't exactly burn up the sales charts despite some critical accolades. Who can rescue the industry? Well, gamers are looking to the Jedi and EA, whose shares recently jumped as everybody awaits the newest Star Wars game, the Old Republic.

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