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SANTA MONICA, Calif., Nov. 5 /PRNewswire-FirstCall/ — Activision
Blizzard, Inc. (Nasdaq: ATVI) today announced September quarter financial
results.

For the quarter ended September 30, 2008, Activision Blizzard’s GAAP
net revenues were $711 million. Excluding the impact of change in deferred
net revenues ($12 million) and net revenues from Activision Blizzard’s
non-core exit operations ($6 million), the company’s non-GAAP net revenues
were $717 million. Including Activision’s stand-alone net revenues of $53
million for July 1 – July 9, 2008, the company’s non-GAAP comparable-basis
net revenues were $770 million. The company’s prior non-GAAP net revenue
outlook was $620 million.

Activision Blizzard’s GAAP operating loss for the quarter was $194
million. Excluding the impact of the change in deferred net revenues and
cost of sales ($12 million), the impact of equity-based compensation
expense ($26 million), Activision Blizzard’s non-core exit operations loss
($110 million), one-time costs related to the business combination with
Vivendi Games ($78 million), and the amortization of intangibles and the
changes in costs of sales resulting from purchase price accounting
adjustments ($90 million), Activision Blizzard’s non-GAAP operating income
was $122 million. Including Activision’s stand-alone non-GAAP operating
loss of $9 million for July 1 – July 9, 2008, the Company’s non-GAAP
comparable-basis operating income was $113 million.

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AGOURA HILLS, Calif.–(BUSINESS WIRE)–Nov. 5, 2008–THQ Inc. (NASDAQ: THQI) today announced financial results for the fiscal second quarter ended September 30, 2008, reduced its financial outlook for the fiscal year ending March 31, 2009, and announced a significant business realignment.

Second Quarter Results

For the three months ended September 30, 2008, THQ reported net sales of $164.8 million, compared with $229.3 million in the prior year. On a non-GAAP basis, the company reported fiscal 2009 second quarter net sales of $151.6 million. Fiscal 2009 second quarter sales reflect a lighter new release schedule than the prior-year period, and included the international roll-out of games based on Disney/Pixar’s WALL-E and initial global shipments of new original Wii(TM) title de Blob(TM).

For the three months ended September 30, 2008, the company reported a net loss of $115.3 million, or $1.73 per share, which included a non-cash charge of $1.21 per share related to a valuation allowance and the related tax effects for its deferred tax assets. In the same period a year ago, the company reported a net loss of $7.0 million, or $0.11 per share. On a non-GAAP basis, the company reported a fiscal 2009 second quarter net loss of $30.4 million, or $0.46 per share. This was below the company’s previous guidance of a loss of $0.35 to $0.39 per share, primarily due to lower-than-anticipated international sales of WALL-E and higher-than-expected sales returns and allowances. In the same quarter a year ago, the company reported a non-GAAP net loss of $2.2 million, or $0.03 per share.

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I remember when Media Play started closing down. I got a computer game, 3 Cd’s, and a T-Shirt all for about $10. Circuit City is reporting that they will be closing 155 stores across the country. You will not be getting as good deal as if all the stores were closing, like Media Play was, but there are a few deals that you can check out.

Systems (360, PS3, Wii, DS, PSP) and their respective games – 5% off
All game accessories (controllers, batteries, cases, Xbox Live memberships, etc) – 10% off
“Social” games (aka Rockband and Guitar Hero) – 10% off
PC Games – 10% off
Strategy guides and cheat books – 20% off

Store # Store Name Street Address City State ZIP

3280 ANNISTON 704 SOUTH QUINTARD AVE ANNISTON AL 36201
829 TRUSSVILLE 3555 ROOSEVELT BLVD TRUSSVILLE AL 35235
3240 FAYETTEVILLE 744 EAST JOYCE BLVD FAYETTEVILLE AR 72703
441 AVONDALE 10140 W MCDOWELL RD AVONDALE AZ 85392
3330 CHANDLER 3456 WEST CHANDLER BLVD CHANDLER AZ 85226
3580 GILBERT 2817 S MARKET ST GILBERT AZ 85295
3760 GOODYEAR 15433 WEST MCDOWELL RD GOODYEAR AZ 85338
436 MESA 1530 WEST SOUTHERN AVE MESA AZ 85202
3337 SUPERSTITION SPRINGS 1515 S POWER RD MESA AZ 85206
3362 ARROWHEAD 7645 WEST BELL RD PEORIA AZ 85382
435 PHOENIX METRO 9801 N METRO PKWY E PHOENIX AZ 85051
3341 NORTH SCOTTSDALE 7000 EAST MAYO BLVD PHOENIX AZ 85054
3426 CAMELBACK 1670 EAST CAMELBACK RD PHOENIX AZ 85016
3558 HAPPY VALLEY 2501 W HAPPY VALLEY RD PHOENIX AZ 85085
4314 QUEEN CREEK 21002 S ELLSWORTH LOOP QUEEN CREEK AZ 85242
437 SCOTTSDALE 8929 EAST INDIAN BEND RD SCOTTSDALE AZ 85250
3301 INDUSTRY 1600 S AZUSA AVE CITY OF INDUSTRY CA 91748
422 COMPTON 120 EAST COMPTON BLVD COMPTON CA 90220
235 CONCORD 2030 DIAMOND BLVD CONCORD CA 94520
236 DUBLIN 7153 AMADOR PLAZA ROAD DUBLIN CA 94568
449 ESCONDIDO 1138 WEST VALLEY PARKWAY ESCONDIDO CA 92025

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