After being on the brink of bankruptcy several times, various reorganization & restructuring, Majesco appointed Jesse Sutton as its chief executive officer and Allan Grafman as its non-executive chairman of the board.

Take on the role of a new recruit wanting to join the original film cast of the Ghostbusters team. Equipped with a variety of unique weapons and gadgets, players will hunt, fight and capture a wide range of supernatural villains in a funny and frightening battle to save New York City from its latest paranormal plague.

Devil May Cry 4 is the fourth installment in Capcom's action series starring gunslinging demon hunter Dante, and introducing a new hero, Nero, who possesses a demonic arm that can pull in enemies or use them as projectiles. Capcom will release a DMC 4 demo on PSN and XBL early 2008, featuring new protagonist Nero and the awesome power of his Devil Bringer.

Activision has issued a statement regarding the mono restricted audio issue recently discovered in the Guitar Hero III Wii edition, "We are currently working with Nintendo and are planning to issue an improved audio experience in future versions of the game. We expect to have re-mastered discs available by early 2008 and we will be offering consumers replacement discs at no cost."

SEGA's Phantasy Star Universe is being ported to the PSP according to the latest issue of Japanese magazine Famitsu. Phantasy Star Portable includes the original PSU content, the Ambition of the Illuminus expansion pack, 4-player local multiplayer, PSP exclusive bosses and weapons, and a new History mode playable as a new character Vivienne.

Age of Conan: Hyborian Adventures is an Online Action RPG, mixing a deep, story-driven single-player experience and a massive and brutal multiplayer end-game brings forth the ultimate representation of the Age of Conan. Getting ready for launch, Funcom/Eidos have invited more than 10,000 beta players.

The Command & Conquer series continues to thrive with Command & Conquer 3: Kane’s Wrath. As the expansion pack to Command & Conquer 3 Tiberium Wars, this RTS game returns to the Tiberium universe with Kane at the center of an epic new single player campaign.

Creat Studios, known for Midway's recent Aqua Teen Hunger Force: Zombie Ninja Pro-Am, announced that it has signed an agreement with SCEA allowing it publish games for the PlayStation Network and PlayStation Store online and network services.

EA announced yet another expansion pack for The Sims 2, Free Time, giving your Sims the ability to perform casual tasks, jobs around the house or all sort of hobbies.

Legacy Interactive has signed an agreement to bring Exodus Film Group's upcoming animated toon Igor to NDS, Wii and PC, with voice-overs from Steve Buscemi, John Cleese, Jennifer Coolidge and John Cusack. Igor is an evil scientist's hunch-backed lab assistant who dreams of winning the annual Evil Science Fair.

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:

• Age of Conan [X360/PC] - Background Story Trailer
• Insecticide [NDS] - Trailer #9
• NCAA March Madness 08 [ALL] - Erin Andrews Trailer
• Atavik - Cinematic Trailer
• 
  
  We will update this throughout the day when new trailers become available. Read more for download links ...

CoD 4: Modern Warfare is a new action-thriller that will arm gamers with the most advanced and powerful arsenal of modern day firepower to fight a new war in the world’s most treacherous hotspots. This v1.3 patch improves the pure client test, enables Anti-lag, optimization for Sniper Rifle accuracy, and fixes text chat between multiplayer rounds.

Alternativa is a classic point&click adventure game based on the original sci-fi/cyber-punk script which is composed of a number of shorter stories that lead us through the lives of individual characters as well as the fictional world of the future.

Since Troika is no longer amongst the living this patch is not official, so use at your own discretion. This update brings Activision's Vampire: The Masquerade - Bloodlines retail game to v4.4 (requires v1.2 patch installed) and addresses a number of known issues, gameplay tweaks, bug fixes and so forth.

FASA founder Jordan Weisman has bought back the rights to MechWarrior, Shadowrun, Crimson Skies and the other properties of the FASA catalog after the recent closure of the FASA Interactive studios by Microsoft. Weisman also launched Smith & Tinker which now owns the licenses, and while it is too early to announce future plans, the goal is to surprise and delight old fans, while welcoming new fans to these fantastic worlds.

Sony has rolled out its weekly PlayStation Store update with tons of new material. Just like on XBL, Harmonix has released the Black Sabbath song pack ($5.49 or $1.99/song) and the announced Folklore add-ons. A multiplayer demo for Sierra's sci-fi FPS Timeshift has been added, while Wild Arms fans can now play the original PSOne title on PS3/PSP. SCEA San Diego's full PSN-exclusive High Velocity Bowling ($9.99) game is now available for download.

Sacred 2 is a action-oriented deep fantasy RPG where players are immersed in an epic journey through the medieval-like kingdom of Ancaria featuring pitched battles and a wide range of enticing quests.

Nintendo has plenty in store to keep your Wii Remote and touch screen busy even after the holiday season. Whatever sort of games you like to play there is something for everyone. Unfortunately it seems Super Smash Bros. Brawl has been delayed, as it is no longer on the list ...

Video Games Live is an immersive concert event featuring music from the biggest video games of all time, now expanded with a wide variety of brand new segments such as Halo 3, BioShock, World of Warcraft: Burning Crusade, StarCraft II, Chrono Cross and a few very special guests and surprises!

Q-Games's PSN exclusive PixelJunk Monsters takes the simple RTS concept of building, researching and having base defenses and wrap it all in a completely different style and mode of gameplay.