Microsoft announced that Lionsgate Studio is now a Video Marketplace partner, and the downloadable content has been expanded with various new HD movies, TV series, including a FREE episode of ‘Skyland.’ Xbox 360 will digitally deliver TV shows and movies to gamers in the U.S. via Xbox Live.

Another day, another batch of game trailers was released. Instead of giving them all their own posts, we grouped them, and so far there are trailers for:

• Supreme Commander - Trailer #7
• Crysis - Realtime Random Lighting Trailer
• Battlestations: Midway [X360/PC] - Launch Trailer
• The Lord of the Rings Online: Shadows of Angmar - Trailer #9
• City Life: World Edition - Trailer
• Cooking Mama: Cook Off [Wii] - Trailer
• Rogue Galaxy [PS2] - Worlds Of Trailer
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  We will update this throughout the day when new trailers become available. Read more for download links ...

Microsoft announced record revenue of $12.54 billion for the quarter ended Dec. 31, 2006, a 6% increase compared to last year, driven by Zune, X360 and its server applications. Despite increase in sales (from $1.69 billion to $2.96 billion) for the Entertainment and Devices Division, the Xbox has yet to make a profit as it currently has an operating loss of $289 million, slightly higher than last year ($286 million). With 10.4 million consoles sold Microsoft Games Division expects to turn a profit fiscal 2008 (second half of 2007).

Funcom and Eidos announce a new release date for its MMO Age of Conan: Hyborian Adventures as they have now decided to further hone the qualities of the game. The new release date is set to the 30th of October 2007 and will further ensure an online experience with truly stunning impact.

Unreal Tournament 3 is being developed by North Carolina-based Epic Games. The game promises to blow fans away with the gameplay, modifiability and visuals that Epic's Unreal Engine 3 technology will deliver. At a Las Vegas press event Midway revealed the name change (indicating a non-2007 release?), and that Epic's FPS is finally coming to Xbox 360.

Nintendo DS now is in the hands of more than 10 million consumers in the Americas. Since launching in November 2004, nearly nine Nintendo DS or DS Lite have sold every 60 seconds. Nintendo also revealed 20 titles are lined up for Q1 2007.

Tom Clancy's Splinter Cell Double Agent will completely revolutionize and reinvent the spy action genre by introducing an unprecedented double agent concept and an entirely new breed of game play that adds an exciting new dimension to the gaming experience.

Shady O' Grady's Rising Star is an RPG game, but unlike the familiar dungeon crawlers, this game is set in the real world of music. Players create their dream band and attempt to coast their way to the top of the music world before the next young hot act comes along.

Sony Computer Entertainment President of Worldwide Studios Phil Harrison returns to the Game Developers Conference to present the keynote, Game 3.0: Developing and Creating for the Third Age of Video Games, talking about enabling developers to make the most of the countless opportunities made available by the new era of connectivity.

In Gods & Heroes you become a classic hero of the ancient world, born of immortal blood. As a scion of the gods, you will have the opportunity to pursue his destiny through a series of Epic Quests that will span all levels of gameplay, over time commanding amazing God Powers and acquiring famous weapons and treasure of myth.

Dangerous Waters allows the player total control over multiple air, surface and subsurface platforms in a modern-day naval environment. Sonalysts has released v1.04 for its submarine sim adding tweaks, model updates and fixing bugs.

Bladestorm will offer massive battles mixed with strategy, much like the Dynasty Warriors titles, but one of the main differences is that the game will be situated in the Western medieval timeframe.

Th3 Plan introduces an entirely unique style of gameplay, enabling gamers to control up to three characters at once. The innovative split screen gameplay offers new ways for characters to work in precise coordination, from setting up clever deceptions to distract security guards to timing anti-security measures down to the split second.

Left Behind: Eternal Forces GOLD version will include substantial enhancements from the original product, such as new missions, new multiplayer modes, and an all-new faction with single-player and co-op skirmish modes. Additional features on the drawing board include higher-quality building and environmental graphics and special effects.

Front Mission the First, remake of the original SNES version, will use the main touch screen for tactical movement of troops, like we have seen in Advance Wars: Dual Strike. While other recent ports seem to have gotten a graphical upgrade, no such luck with FM The First.

Spectrobes is an anime-inspired action/RPG where prehistoric creatures possess special powers, and hold the key to defeating a vicious and merciless force, known only as the Krawl and threatens to destroy the galaxy. Collectibe trading cards will allow you to unlock content, or download new material via Wi-Fi.

Turbine and Midway announced the details of the Founder's pre-order Program for its MMORPG The Lord of the Rings Online: Shadows of Angmar. Pre-order now and get a special $9.99 monthly subscription pricing, early access to the game (beta version), character roll-over and unique in-game bonus items.

Sherlock Holmes: The Awakened rises to the challenge of being entirely in 3D; while the creators have kept classic game mechanics, the game benefits from the freedom and the immersion brought by animated and detailed real time 3D environment. This German v2.0 patch addresses some minor bugs ...

TQ: Immortal Throne features an original storyline, new gameplay features include an all-new skill mastery that combines with existing masteries to form eight new playable character classes, dozens of new monsters, hundreds of unique weapons and an additional 10 levels of character and skill development.

War Front: Turning Point explores an alternate World War II, one in which Hitler is assassinated in the early days, and you will take command of experimental weapons, prototype vehicles and units rarely seen in strategy games in an attempt to alter or secure the historical outcome of World War II.

Previously known as Shinobido Homura, Spike's action/infiltration game Shinobido: Tales of the Ninja will launch in Europe on Feb. 7. Staying true to its big brother on the PS2, Tales of the Ninja does feature additional characters and unlockable content.

Horse Racing Manager 2 is a sport management and horse racing game designed for management game fans as well as riding and horse racing aficionados. This v1.0.2.0 patch, for the French version only, adds Steeple-Chase mode, and addresses the usual tweaks, bug and crash fixes...

German publisher dtp entertainment confirmed that Czech studio Future Games is now in early concept stages of development on Black Mirror 2, the follow-up to one of 2004’s top-selling dark adventure games.

War Rock is an online, military, tactical, FPS featuring state of the art weapons, team or solo based missions and maps, with 5 different character classes, and three modes of gameplay. The beta shutdown will last from Jan.31 - Feb.6 leading up to the official launch of online tactical first person shooter, War Rock on February 7th.

Havok announces the official release of Havok 4.5, fully optimized for PS3, as well as Xbox 360 and Nintendo Wii, dramatically accelerating the development of cross-platform, cutting edge games, meeting the needs of the world’s top developers and producers.

Shadowrun is a team-based FPS set in a world where ancient magic blends with modern weapons and advanced technology to form a revolution in multiplayer FPS gaming.

Square Enix announced a licensing agreement with Epic Games that enables Square Enix to introduce Epic's Unreal Engine 3 into its next-generation development process.

Rail Simulator will offer the opportunity for players to take charge of steam, diesel and electric trains on real routes in the UK and Germany. Challenging and fun gameplay will even enable players to design their own ideal journey routes.