July 30, 2008 3:33PM

Are You a Gamer?

By Alexis Glick

After the bell yesterday Electronic Arts reported weaker than expected earnings and the stock certainly reflected that today closing down more than 6%. 

This morning I talked to the President Peter Moore. We talked about the future of gaming. He believes the industry and his company needs to adapt to the online gaming market or face the risk of going the way the music industry did, losing share and power. Speaking of losing share, Electronic Arts is losing market share pretty consistently and they need to do something about it. 

 That is in part the reason why they are aggressively pursuing a takeover of Take Two Interactive. Will it work? What games do they have up their sleeves? Will they look to team up and create games that match the success of some of this summer’s blockbuster movies? See what Mr. Moore says about that.