Grand Theft Auto V cost $265 million to make. Pre-sales have been good, but GTA already has a huge following. With development costs now so high, creating a new game from scratch has become a high-stakes business.
With Netflix reporting first quarter revenue of over $1 billion, others are seeing profit in original storytelling. And major tech companies are setting up production studios all over L.A.
Little black and white squares have started popping up in magazines, on billboards and storefronts. They're called QR codes, and are aimed at linking the online world with the real world.
