American McGee's Grimm is a story-driven action-adventure game. The player interacts with a compelling collection of vividly drawn characters inhabiting a world built around twisted takes on the best-known tales in Western fiction. The game combines familiar exploration and questing conventions with a thematically inspired fighting mechanic based on the notion that “words are weapons”.

Strategy First announced that it has signed an agreement to publish the action RPG title GODS: Lands of Infinity Special Edition, developed by Cypron Studios.

Grab your flashbangs and prepare to break cover for the most intense and cinematic Call of Duty experience ever as Activision and Infinity Ward officially announced Call of Duty 4: Modern Warfare.

LucasArts and TT Games celebrated today the 30th anniversary of the classic movie series that spans generations with the announcement of LEGO Star Wars: The Complete Saga, allowing families to play through the events of all six Star Wars movies in one videogame for the first time ever.

Rockstar Games announced that Grand Theft Auto IV will be available as a special edition on October 16 in North America and October 19 in Europe, the same day as the regular edition of Grand Theft Auto IV.

At the Worldwide Invitational in Seoul, South Korea, Blizzard lead designer Dustin Browder (formerly of EA) just announced StarCraft 2! During the presentation lots of game footage was shown, but it has been confirmed — a full-on sequel nearly 10 years after the original. No mention of World of StarCraft (yet).

Sony's Q4 2007 financial results reveal the gaming division has lost $1.9 billion, mainly due to the below-production cost sale of the PS3, as well as declining PS2 hard/software sales. So far Sony has shipped, not sold, 13 million PS3 units, and a whopping 193 million PS2s. Sony expects a turnaround next fiscal year, as it is reorganizing and taking steps to cut production costs for the PS3.

The epic saga continues with Halo 3, in this third chapter of the Halo trilogy, Master Chief returns to finish the fight, bringing the epic conflict between the Covenant, the Flood, and the entire human race to a dramatic, pulse-pounding climax.

The Last Remnant is Square Enix's latest single-player RPG game, powered by the Unreal Engine 3, scheduled to be released in Japan and North America simultaneously, with two main characters, each one appealing to a specific territory.

The weapon-based fighting game franchise has been reinvented as Namco Bandai announced Soulcalibur Legends exclusively for the Wii, fully immersing players in a 3rd person action adventure that takes a unique approach to the series by truly utilizing the Wii Remote and Nunchuk.

THQ reported its net sales increased 27% to a record $1billion, driven by titles like STALKER, Cars, Supreme Commander, and WWE SmackDown vs. RAW 2007. In the subsequent conference call, THQ executives revealed that the previously announced Saints Row PS3 port was canceled in favor of launching a full-on sequel on X360 and PS3 simultaneously, while Kaos Studios' Frontlines: Fuel of War was pushed back from holiday season 2007, to January 2008.

While the industry has been beating expectations the past few quarters, EA had less good news today. Net revenue was down 4%, gross profit down 5%, net loss increased, and net income was also down for the quarter, although on an annual basis, net revenue was up, primarily driven by the EA Sports lineup (mainly Madden), Need for Speed Carbon, and The Sims. During the subsequent conf. call EA CEO John Riccitiello revealed that Will Wright's larger-than-life title won't see the light of day until early 2008.

NCsoft reported Q1 2007 sales of US$91.2M (up 9%), net income of US$15.2M (up 107%), and while sales dropped 6%, operating income rose more than 10%. More interestingly, NCSoft plans to released Aion in Korea within the year and Dungeon Runners this summer, while Tabula Rasa and Guild Wars: Eye of the North are both expected late 2007.

Unreal Tournament 3 will have dozens of new, unique levels covering diverse environments, along with an even bigger selection of playable characters. The game will feature 7 game modes in total including one all-new game mode, several new vehicles and an armory full of weapons. Sign up for the newsletter on the freshly launched official website.

Revealed last year, Numen: Contest of Heroes is an action/RPG that will plunge the player deep into the amazing world of Greek mythology, the realm of almighty gods, brave heroes, fabulous creatures, and great deeds.

Renowned for its gothic atmosphere, non-stop action and thrilling combat, Devil May Cry 3 Special Edition adds a new character a new boss and many new levels. This new v1.3.0 patch fixes various gfx/texture issues, and adding Vista compatibility.

Namco Bandai announced Katamari's next-gen debut with Beautiful Katamari featuring Katamari-style quirky and unique high-definition graphics, an unforgettable new soundtrack, and a new online multiplayer feature that will have old and new players alike spinning when the title hits store shelves.

EA has signed an agreement with APM Music to make game scores from its video games such as The Sims, Medal of Honor and Tiger Woods PGA Tour available for use in television, films and other media, expanding on a nine-year relationship between the two companies.

Turbine and Midway Games unveiled the Special Edition of The Lord of the Rings Online: Shadows of Angmar. This Special Edition of the highly anticipated massively multiplayer online game provides fans with exclusive items, including the "making of" DVD, a soundtrack of the game, and a special in-game item.

Sony officially announced that it will no longer offer two editions of the PS3, doing away with the 20Gb model, mainly due to low demand, and only offer the high end $599 60Gb model. Read more for the official statement...

Magazine publisher Future announced that, in partnership with Sony Computer Entertainment, Official PlayStation Magazine will carry the world's first monthly playable Blu-ray covermount from June onwards.

It's not really much of a secret anymore, but Pandemic Studios announced their new open-world environment stealth-action thriller, Saboteur. Set against the dramatic backdrop of occupied France and based on a true story, Saboteur is the personal tale of one man’s fight to find and kill the Nazi thugs who murdered his friends.

THQ announced Company of Heroes: Opposing Fronts, powered by an updated Essence Engine and DX10, allowing players to fight as the tenacious British 2nd Army during the heroic World War II liberation of Caen, France, and command the German Panzer Elite as they struggle to repel the largest airborne invasion in history.

Following the recent second anniversary of PSP, Sony Computer Entertainment America announced a reduced price for PSP hardware. Effective today, PSP Core Pack will be available in North America for $169.99 (MSRP), delivering a significant $30 savings to consumers.