There was a time when developing games in your own garage would have made you rich beyond your wildest dreams. That dream is getting farther and farther out of reach as the video game industry is becoming larger and more complex. EA CEO John Riccitiello remarked in his DICE keynote speech that by 2010, the garage studio dream will no longer be possible. More in the full article.

Here's an update on the current DICE Summit 08: Roger Hector, Vice President of Development at Namco Bandai, gave a short talk on how video games have made fictional characters into living icons. He even mentioned one of the greatest icons living until now. Details in the full article.

Masaya Matsuura made a name for himself when he introduced the Parappa the Rapper series and set off a growing trend in the rhythm-based video game genre. The founder of NanaOn-Sha talks about the potential of the now flourishing game genre and how developers should explore its vast potential. You can read about his interview in the full article after the jump.

DICE Summit 08 had much to offer with the 11th Annual Interactive Achievement Awards, and games such as Call of Duty 4: Modern Warfare, BioShock, and The Orange Box came home as big winners, garnering four awards each.

Individual achievements by Mike Morhaime and Ken Kutaragi were also recognized by The Academy of Interactive Arts and Sciences. Details in the full article.

During the DICE Summit, Michael Gallagher, CEO and new president of the ESA, told the audience that the video games industry has become mainstream.

It all started with Pong, the game industry has finally arrived with games reaching millions of households in the US and throughout the rest if the world. Details of his speech in the full article.