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Activision Profits Powered by Guitar Hero

2Q results foreshadow billions in future revenue from game

By Peter Fearon,  Newser Staff

Posted Nov 5, 2007 10:14 PM CST

(Newser) – Activision turned a $24.3 million loss into a slender quarterly profit of $698,000 in just one year—thanks to its blockbuster musical simulation Guitar Hero. The video game is expected to produce revenue in the billions, the Wall Street Journal reports. Guitar Hero...   Read full story »

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