Like Stealing Autos From a Baby

Iron Man 3 and Despicable Me 2 are members of the movie industry’s very exclusive club. Both movies have pulled in more than a billion dollars this year. That’s big. But consider this: Grand Theft Auto V is knocking at that door with $800 million in revenues … in first-day sales.

+ Rockstar Games spent $115 million developing the game, and dropped an additional $150 million on marketing. And, according to BloombergBusinessweek, it’s almost obsolete.

+ Hiroshi Yamauchi has died at the age of 85. Yamauchi, who ran Nintendo for 53 years, “transformed a maker of Japanese playing cards into the world’s biggest maker of video games on the back of hits including Super Mario and Zelda.”