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Video game software sales across the world's three largest markets--the United States, Japan, and the United Kingdom--fell 8 percent in 2009, according to a joint report issued Wednesday by a consortium of industry analyst firms.

Japanese cell phone novels extend user generated content into published works, and offer niche story telling targeted at and often created by teen girls.

"International cable company Liberty Global Inc. has reached a deal to sell its stake in a Japanese telecommunications-services provider for $4 billion, a transaction that will help it focus on consolidation of the European cable-TV industry."