As we reported earlier, A&F made an offer to The Situation which stated they would pay him not wear their clothing. They also extended the offer to any cast member of Jersey Shore. The release argued that the cast of Jersey Shore goes against the values of the A&F brand.
Apparently investors aren’t crazy about this offer, and the stock has dropped 9% today! This is apparently a new low for the stock. What does this mean? The guys on Wall Street must all be fans of Jersey Shore and they don’t like A&F bad mouthing their boy The Situation.
The video game industry hit a four-year low in May, reports The Hollywood Reporter.
Video game sales apparently hit its lowest monthly U.S. profit since October 2006, totalling $743.1 million. That number may seem high, but it’s nothing compared to the $866.8 million of last year.
“A light slate of new releases is at the heart of this month’s performance,” said NPD analyst Anita Frazier. “As a result of a lighter release slate, promotional activity at retail and in circulars was reduced as well, which undoubtedly affected not only planned but impulse purchases.”
Frazier says it is unfair to base all results on figures, though, as an increasing amount of video game sales derive from online or downloadable exclusive content purchases.
This year’s top selling game was ‘L.A. Noire,’ a murder-mystery action game set in old L.A.
I agree with the analyst. Much of today’s market comes from the online world, so we have to factor in the sales from that. I don’t think video games are going anywhere anytime soon.
The ‘Glee’ spin-off singing competition, ‘The Glee Project,’ has bombed in the ratings, reports Canoe Jam.
The premiere of the Oxygen talent competition reportedly only received 455,000 viewers Sunday. Ouch.
To give the show some slack, it was up against the final NBA championship game as well as the Tony Awards, so no wonder it didn’t do fantastic.
Still, executives are disappointed. Considering the success of ‘Glee,’ they were anticipating the show to open big. I mean, since there’s ‘Glee’ pencils, backpacks, candy, concerts – everything – you’d think the show would be semi-successful.
Jason Klarman, president of Oxygen Media, still believes in the show’s future though.
“We couldn’t be more proud of this critically acclaimed, first of its kind series that I — and this company — believe in 200 percent,” said Klarman in a statement.
I think one ‘Glee’ related show is enough for me, and I think the rest of the world agrees. I see why the network thought it was a good idea, though, but apparently it wasn’t so.