Sony Entertainment's head honcho Kazuo Hirai made huge waves (tsunamis!) a few days ago when he finally unveiled details of the video download service for the PlayStation 3. Unfortunately, word is that Hollywood studios still aren't in on Kaz's plans. Story in the full article.

It's quite sad that the Japanese won't be having a launch party in honor of Konami's opus, Metal Gear Solid 4: Guns of the Patriots, but for those who live in the US, the show must go on. Konami Online's Brandon Laurino announces the schedule of the Metal Gear Solid launch events for three locations, and you can check them out in the full article.

If last week's on-shelves superstar is Niko Bellic from Grand Theft Auto 4 (Xbox 360, PlayStation 3), today we have Steven Spielberg, the Academy Award-winning director of ET, Jaws and Jurassic Park. No, we won't be playing the director in a video game. Rather, we can now get a feel of his brainchild puzzle video game, Boom Blox. See what other game titles will be released this week over at the full article.  

Electronic Arts' John Ricitiello made a bold statement regarding the state of entertainment media. He spoke of video games and movies. With the way things are developing now, he said that Hollywood needs video games more than it needs them. Find out the details in the full article.

Folklore makers Game Republic have announced that in association with Brash Entertainment, they'll be developing a game based on a Hollywood movie. Everyone in the camp seems excited, dropping hints on the kind of gameplay the project will carry. Full details after the jump.

Looking for some videogame action, but want to save a buck or two on the side? Then you'd better head on over to your local Target or Circuit City this week, as they've got quite the deals lined up for the budget-conscious gamer. From today's latest releases to the classics of your childhood, look no further than this article to get the full info on what you can buy with the money in your wallet. Click on the read more button for more info.

A lot of questions have yet to be answered regarding Take-Two Interactive's rejection of Electronic Arts' US$ 2 billion dollar takeover bid. While some believe that the company is holding out for a bigger offer, others have said that the company just wants to remain independent. Strauss Zelnick, the executive chairman of TT Interactive, recently gave his take on the rejection. To find out what he had to say, head on over to the full article.

With the success of top grossing movies such as 300 and Doom, the trend of "crossovers" between Hollywood and the game industry is still going strong.

Highlighting this, Sony Pictures Digital  Entertainment President Yair Landau discussed the topic of convergence between Hollywood and gaming and how this connection is benefiting each other.

The details at the full article!

Santa hasn't even loaded-up his sleigh yet but Sony 's already come out with the early release of its game line-up for 2008, specifically targeting the Sony Playstation and Playstation Portable platforms for the coming year. With its solid roster, 2008 already seems to be all aces for all gamers.

More details about the list at the full article.

Those who have been itching for more Beowulf (PS3, 360, PC, PSP) goodies, today's you lucky day. We've got a some eye candy and some audio sweetness for you. Composers Sascha Dikiciyan and Cris Velasco teamed up to create the soundtrack of the game - providing us with the proper background music for playing as the mythical hero, Beowulf. We also have a logo and a screenshot of the title character.

Better check out the Beowulf goodies while they're hot.