The game industry may be getting swamped with sequels, remakes, annualization, and all manner of money-raking tactics. That's bad news, an analyst says, because creativity among developers is often compromised. He says, however, publishers are better off in the long run by breeding talent among the minds behind the medium. Get his full take in the article after the jump.

The Jolly Green Giant is back. Nope, not the Hulk (Ultimate Alliance has him), but the "other" guy - Shrek's back again, and if you haven't seen the trailer yet, you might wanna check it out.

Activision's just announced the lineup of development studios that will be backing the game up as Shrek the Third makes its multi-platform launch in May - just enough time for you to see them movie version when it hits theatres this March.

Here's the developers:

• Shaba Games is handling the console release (Xbox 360, PS2, Wii).
• Vicarious Visions is handling the DS and GBA releases.
  
• Amaze Entertainment is handling the PSP release.
  
• Beenox is handling the PC release.
  

As for the game and movie's story: Shrek (Mike Myers) and Fiona (Cameron Diaz) have to stand in as rulers for the Far Far Away kingdom when its heir disappears.

For them to return to their swamp, Shrek, Donkey (Eddie Murphy), and Puss in Boots (Antonio Banderas) must go on a journey to find the lost heir, all the while as Fiona defends the Far Far Away Kingdom from a coup d 'etat launched by Prince Charming (Rupert Everett).

The tracks of success of Monster Hunter Freedom are still fresh (650,000 sold in Japan, making it the biggest PSP title to date) but here comes Monster Hunter Portable 2 (to be known in the U.S. as Monster Hunter Freedom 2) anyway. According to Famitsu, the sequel begins in Pokke, a village headed by a female chief but the main setting is the snowy mountains around the village. But the gameplay areas extend to a forest, a desert, a volcano and a swamp.

If the snowy mountain area looks familiar it's because they were featured in Monster Hunter 2 (PS2). But unlike the PS2 title, Monster Hunter Portable 2 does not have its the day-night-season time flow system where conditions change as the game is played. The PSP version features quests taking place at set times of the day. Other PS2 elements carried over to the PSP's Monster Hunter Portable 2 includes the samurai blade, the hunting horn, and the long bow. Famitsu also mentioned wireless play and downloadable content but didn't provide the details.