When EA announced layoffs and closures last week, its UK studio was apparently not the only victim. A memo sent by EA Games President Frank Gibeau reveals that EA Chicago, known for the Fight Night and Def Jam titles, as well Marvel Nemesis, has tripled in size over the past few years but has yet to turn a profit, and is therefore being shut down. The Fight Night franchise has moved to EA Sports, while the fate of other titles (Def Jam 2, Marvel fighting game) are being discussed.

Guitar Hero fans will channel their inner rock god, experience new features and content including a new multiplayer action-inspired battle mode, grueling boss battles, exclusive unlockables, and authentic rock venues. To support the launch of GH3, Activision, Pontiac and Hot Topic are teaming up on a national promotion giving fans the chance to win a 2008 Pontiac G5.

SEGA is developing the video game adaptation of the theatrical movie release, The Golden Compass, based on the first book in the award-winning His Dark Materials trilogy, by British author Philip Pullman.

Industry veterans Gary Corriveau and Steve Bergenholtz, founder of Sandlot Games, now part of EA, announced the formation of Beanbag Studios, a new company poised to raise the bar for the design and production of high quality casual games.

Majesco announced that it's establishing an internal development facility in the Los Angeles area, adding technical and design skills to the company’s overall operation, with a focus on products and properties that resonate with the casual gamer.

SEGA's Sonic Rivals 2 is in development exclusively for the PSP, getting a revamped jostling system, new battle mode, and updated rivalry.

It's WWI. Your country depends on you. Get in your plane and meet the battle. Destroy enemy zeppelins and many other ground targets in this intense flight combat

Ivolgamus' Fading Shadows is an addictive puzzle-platformer game exclusive to the PSP offering an entirely unique style of action-packed puzzle gameplay, stunning graphics and visual effects, a riveting and immersive storyline, plus a competitive wireless multiplayer game mode.

Empire has signed an agreement with Fireglow Game to distribute Stranger, an RPG / RTS hybrid, and Sudden Strike 3: Arms for Victory, latest installment in the WWII RTS franchise, in the UK.

Arcade Moon invites you to water world of speed boats and crazy races in Aquadelic GT! Join the Aquadelic league and race for glory and cold, hard cash across Russian canals, Greek port towns and Caribbean islands!