The Case for Soul and Vibe Interactive, Inc. (SOUL)
According to a PricewaterhouseCoopers report, the video gaming industry brought in over $56 billion in 2010 and is expected to hit $82 billion by 2015. It’s a massive market, but the industry is also changing. The traditional approach of selling physical gaming media is rapidly being replaced by digitally distributed products. Mobile devices are becoming a major repository of processing power, and advanced communications technologies are leveraging this to create a new world of opportunity for game developers. Digital distribution dramatically cuts the cost of goods sold, while also avoiding the many issues involved in physical media sales and distribution.…