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Blood and gore drive video game sales higher

T he video game industry returned to growth in April, fueled by violent action games led by “Mortal Kombat X.” The top three best-selling games at U.S. retail last month were rated M for Mature, with content considered suitable for players ages 17 and up. “Mortal Kombat X” from Time Warner (TWX) unit Warner Bros. Interactive Entertainment was the No. 1 game in April. It’s the latest in the long-running fight-to-the-death game series. “Mortal Kombat X” features “blood and gore, intense violence and strong language,” according to the Entertainment Software Rating Board. It’s available for Sony ‘s (SNE) PlayStation 4 and Microsoft ‘s (MSFT) Xbox One and Windows PCs.

Apple TV Ad Technology Seen Boosting Network Revenue

An Apple (AAPL) TV service will likely feature dynamic ad insertion technology based on viewing data that provides upside for media and entertainment companies that partner with Apple, speculates Pacific Crest Securities in a research report. Satellite TV broadcaster Dish Network (DISH) and Sony (SNE) this year launched new OTT (over-the-top) Internet video services. The services are dubbed OTT products because they piggyback landline broadband

Facebook Virtual Reality, Oculus Revenue Seen Rising

Facebook (FB) will rake in $800 million in revenue from Oculus, its virtual reality arm, by 2018, and Apple (AAPL) is likely to make its own VR play with iPhone-compatible goggles, a UBS market forecast says. VR hardware sales will boom to $6.7 billion in 2020, while software-application sales reach $3.3 billion, forecasts UBS. UBS expects Apple to join Facebook, Google (GOOGL), Microsoft (MSFT), Samsung, Sony (SNE) and Taiwan-based HTC in a VR