Michael Pachter

  1. Pandora Narrows Losses, Forecasts Full-Year Profit

    April 24, 2014 6:05 PM EDT Aided by a surge in mobile advertising, Pandora on Thursday posted stronger than expected revenue of $194.3 million its first quarter, up 69% from a year ago. Losses narrowed to $28.9 million, down from $38.7 million a year earlier. Related Art ...

  2. Higher Netflix Prices Equals Fewer Subscribers, Lower Stocks

    September 16, 2011 7:45 AM EDT SAN FRANCISCO (AP) - Netflix's decision to raise prices by as much as 60 percent is turning into a horror show. The customer backlash against the higher rates, kicking in this month, has been much harsher than Netflix Inc. anticipated. That p ...

  3. Music-Game Sales Drag Down Videogame Sector, But Dance Games Provide Hope

    January 14, 2011 12:00 AM EST How's this for embarrassing: music-based videogames sold so poorly this year that they singlehandedly dragged down the entire videogame sector. According to data compiled by the NPD Group , music-game sales fell to $70 million this past Decem ...

  4. New Michael Jackson Video Game Revives Moonwalking

    November 02, 2010 12:00 AM EDT Video game maker Ubisoft is betting that dancing games will be all the rage this holiday season -- thanks in big part to the King of Pop. The company will bring "Michael Jackson The Experience" to stores Nov. 23 on Nintendo's Wii fo ...

  5. Analyst: Music Genre Dragging Down Videogame Sales

    January 11, 2010 12:00 AM EST When December video games sales results are released - expected after the market closes on Jan. 14 - Wedbush Securities analyst Michael Pachter forecasts a 12% drop in sales over the previous year. Driving the majority of that fall-a full two-thir ...

  6. Big Fourth Quarter Looms For Video-Game Sector

    September 02, 2004 12:00 AM EDT "Best year ever," suggests analyst. Those seeking a bit of consistency among Wall Street analysts need look no further than video games. The consensus for the rest of the year: The sector will rock. "I've got a big wish list fo ...