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Madden video game posts record sales

Electronic Arts Inc. said Thursday that sales of its latest "Madden" football video game grossed more than $100 million in its first week, the biggest launch in the franchise's 17-year history and the latest sign of an improving outlook for the industry.
"Madden NFL 07," from Electronic Arts Inc., is the only video game officially licensed by the National Football League.
"Madden NFL 07," from Electronic Arts Inc., is the only video game officially licensed by the National Football League.AP
/ Source: The Associated Press

Electronic Arts Inc. said Thursday that sales of its latest "Madden" football video game grossed more than $100 million in its first week, the biggest launch in the franchise's 17-year history and the latest sign of an improving outlook for the industry.

EA, the world's largest video game publisher, said consumers snapped up more than 2 million copies of "Madden NFL 07" in its opening week, up 12 percent from last year's game launch.

The Madden game is the flagship franchise for the Redwood City-based game maker, with new versions each year ranking consistently as best sellers. To date, more than 53 million copies of the game have been sold.

While a handful of other game titles have had more successful openings — Microsoft Corp. said its Halo 2 game reached $125 million in sales within the first 24 hours in 2004 — robust interest in the Madden game is a welcome development in a year where game makers are struggling amid a video game console transition period.

Along with other game makers, EA's sales have suffered as consumers have delayed purchases until the expected release later this year of next-generation consoles, namely Sony Corp.'s PlayStation 3 and Nintendo Co.'s Wii.

An industry turnaround isn't expected until next year, and EA officials predicted during its quarterly earnings report on Aug. 1 that video game sales for 2006 across the industry would be flat to down 5 percent.

Still, the success of the latest Madden game illustrates how lucrative the video game industry has become. Its opening-week gross sales rivals some of this year's biggest movie box office draws: "The Da Vinci Code" movie, for instance, drew $102 million in its first week, according to Exhibitor Relations Co. Inc.