What’s Driving the Surge in Video-Game Stocks

The future of video games looks bright. Our Mike Vorhaus, president at Magid, comments on video games, console business and Wall Street.

Video-game executives headed for the annual E3 gathering in Los Angeles next week are looking a lot smarter than their counterparts in other corners of the entertainment industry.

While movie and TV studios continued to be roiled by new forms of digital entertainment, video-game companies have come through looking like winners, with revenue growing and their stocks at all-time highs. The convention running June 13 to June 15 will show just how much the $109 billion business has changed.