Software publishers can rest easy, now that the Supreme Court has sided in their favor in a case that would have had a pronounced effect on their business.
In a 7-2 vote, the Supreme Court stood by an earlier federal appeals court decision to throw out a ban on the sale or rental of violent video games to minors in California.
Take-Two Interactive
Xbox Live parent Microsoft
The high-fives weren't universal. Retailer GameStop
In other words, only Take-Two seemed to truly move on the news. Was the ban nixing that expected? Probably. Investors are simply waiting for new catalysts to move the industry higher, though they surely must be hitting the pause button long enough to issue a sigh of relief.
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