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Fortnite is killing the rest of the video game industry

from Fox News

It was “game over” for video gaming stocks recently after two of the biggest industry names reported weak quarterly guidance in the face of intense competition from “free-to-play” games like Fortnite. Both Electronic Arts and Take-Two Interactive — behind the high-profile Battlefield and Red Dead series, respectively — sank more than 13 percent after spooking Wall Street with underwhelming revenue forecasts. more


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