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CNN Live At Daybreak
Washington Bans Sale of Violent Video Games to Anyone Under 17
Aired May 21, 2003 - 06:13 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: It's time for a little business buzz. Selling violent video games to minors is soon going to be against the law in one state.
Let's go live to New York and Susan Lisovicz. Where?
SUSAN LISOVICZ, CNN FINANCIAL NEWS: In Washington state, Carol. And it's the first in the nation to actually regulate the sale of video games. It's banned the sale of certain violent video games to anyone under the age of 17. More specifically, the law forbids the sale of games depicting violence against law enforcement officials. And believe it or not there are a number of titles including best sellers that are affected by this law, including "Grand Theft Auto 3" and Grand Theft Auto: Vice City."
Retail employees who sell these games to minors can face fines of up to $500. The law goes into effect in late July.
Carol, the video game industry says that games are art and should be afforded the same sort of protection and respect as other forms of speech. But one of the sponsors of this bill says that when it comes to the safety of children that that always trumps the First Amendment. The video game industry is obviously fighting it.
COSTELLO: Well, we'll see if it spreads to other states.
I wanted to ask you about mad cow disease, because a cow infected with mad cow disease was found in Canada, and I don't think many Americans realize how many -- how much beef America imports from Canada.
LISOVICZ: Well, we saw it play out on the market yesterday; no question about it. There was an attempted rally yesterday, and that was thwarted by that, as well as the warning level, the nation's security level going up a notch.
Fast food restaurants in particular were really hurt by this, Carol. McDonald's fell more than 6 percent. Tyson Foods down nearly 5 percent. Tyson is the world's biggest meat processor. And as you can see what the Dow did, ending down 2 points, the Nasdaq down nearly 2 points. So virtually ending flat.
We're interested in hearing later today Fed Chairman Alan Greenspan will be talking about the state of the economy. So, he is always somebody that the market wants to hear.
COSTELLO: Yes, hopefully he'll say something good. LISOVICZ: Something encouraging at the very least.
COSTELLO: Exactly. Susan Lisovicz, we'll get back to you in our next half-hour. Many thanks.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Under 17>
Aired May 21, 2003 - 06:13 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: It's time for a little business buzz. Selling violent video games to minors is soon going to be against the law in one state.
Let's go live to New York and Susan Lisovicz. Where?
SUSAN LISOVICZ, CNN FINANCIAL NEWS: In Washington state, Carol. And it's the first in the nation to actually regulate the sale of video games. It's banned the sale of certain violent video games to anyone under the age of 17. More specifically, the law forbids the sale of games depicting violence against law enforcement officials. And believe it or not there are a number of titles including best sellers that are affected by this law, including "Grand Theft Auto 3" and Grand Theft Auto: Vice City."
Retail employees who sell these games to minors can face fines of up to $500. The law goes into effect in late July.
Carol, the video game industry says that games are art and should be afforded the same sort of protection and respect as other forms of speech. But one of the sponsors of this bill says that when it comes to the safety of children that that always trumps the First Amendment. The video game industry is obviously fighting it.
COSTELLO: Well, we'll see if it spreads to other states.
I wanted to ask you about mad cow disease, because a cow infected with mad cow disease was found in Canada, and I don't think many Americans realize how many -- how much beef America imports from Canada.
LISOVICZ: Well, we saw it play out on the market yesterday; no question about it. There was an attempted rally yesterday, and that was thwarted by that, as well as the warning level, the nation's security level going up a notch.
Fast food restaurants in particular were really hurt by this, Carol. McDonald's fell more than 6 percent. Tyson Foods down nearly 5 percent. Tyson is the world's biggest meat processor. And as you can see what the Dow did, ending down 2 points, the Nasdaq down nearly 2 points. So virtually ending flat.
We're interested in hearing later today Fed Chairman Alan Greenspan will be talking about the state of the economy. So, he is always somebody that the market wants to hear.
COSTELLO: Yes, hopefully he'll say something good. LISOVICZ: Something encouraging at the very least.
COSTELLO: Exactly. Susan Lisovicz, we'll get back to you in our next half-hour. Many thanks.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Under 17>
