Recession? Not For Video Games

“Americans spent $1.19 billion on video game software and hardware in July, up a whopping 28 percent from the prior year. And that doesn’t include computer-based games, according to market research firm NPD Group, which tracked only sales of new consoles, software and accessories. For the year so far, video game hardware and software sales have soared 35 percent above the year-ago level, to $9.47 billion.”

Bollywood Flourishes With Stars And New Cash

“In Bollywood the motion picture industry remains resolutely star struck, even as special effects have helped to reduce Hollywood’s dependence on big-name actors. As Bollywood has shed its image as an industry notorious for its organized-crime links and unaccounted-for cash and become a streamlined, corporate entity, dozens of players with deep pockets have entered the fray.”

Toronto Opens Mega-Film Studio (But Will The Blockbusters Come To Use It?)

“In the past, Toronto’s allure was in the wallet, Mr. Ferguson said. The city appealed to made-for-TV movies and low-budget films that could shoot in warehouses or on the streets. But Filmport’s hope is that Toronto can face off with Los Angeles, New York and Vancouver to draw big-name films. Filmport’s gem is Stage 4, a gaping cavern of highly insulated space supported by red flying buttresses on the outside. At 45,900 square feet, it is reportedly North America’s largest purpose-built sound stage.”