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.