"SEC filings have revealed that Electronic Arts borrowed $1 billion from Morgan Stanley and other lenders to help finance a possible acquisition of Take-Two.

"There's no news here," said EA VP of communications Jeff Brown. "This is just a process point on something we announced in February."

With $2.3 billion on hand in cash, cash equivalents and short-term investments, EA already has the funds available to do the deal as it currently stands. With the deal not contingent on financing, wh..."

"In a press release sent out today announcing a partnership between Marvelous Entertainment and XSEED Games, Valhalla Knights 2 was officially announced and scheduled for a fall 2008 release. This is the first title that will be published and distributed by the newly formed partnership.

Valhalla Knights 2 is the sequel to the original Valhalla Knights for Sony's portable system. Valhalla Knights 2 will, according to the press release, add new job classes, races, weapons, spells and other i..."

Playstation's big boss Kaz Hirai only recently announced that he believes the PS3 will win the console 'race'.
But he's not just content with the PS3 beating Nintendo and Microsoft - He wants the PS3 to beat every form of entertainment ...

Activision recently spoke about what to expect with the company's first game in the James Bond franchise. Activision will be launching the Quantum of Solace video game along with the release of the movie, sometime in Q4 2008. Not much is known about the game so far, but they did announce that the game will use the same (amazing) engine that powered Call of Duty 4.

The game is scheduled to release on Xbox 360, PS3, Wii, PSP, DS, and PC.

Pro Cycling Manager 2008 - Tour de France takes the player and puts him or her in the shoes of managing a cycling team in the big event. The PC and PSP versions are both due out on June 19th. Apparently the game has 180 races for you to play and you just dont manage the teams on the sidelines, you actually tell them to use certain tactics during the races.

""

Shacknews has insider information from sources close to Sony that a new version of the PSP is currently being worked on. Unlike the PS2's redesigned slim version, the latest iteration of the PSP will not be a redesign but an actual successor the PSP, even though recent rumors suggest that Sony is working on a redesign.

It is unknown if the new PSP will still use UMD's or not. Dramitc drops in sales on UMD movies may intice Sony to switch to another format. It's to be noted that Shacknews' ...

"Second hand prices for Suikoden are sky high on eBay, maybe not as much as Suikoden II, but some time in the future gamers will get to search for the original 108 Stars of Destiny.

However the rating doesn’t indicate we’re going to see Suikoden anytime soon. Castlevania Chronicles was rated last year and it still hasn’t percolated as a digital download in any region."

"As well as today's PS Day-related update, Sony has told CVG that the usual weekly update on Thursday will still happen, with more new content, although that list is yet to be confirmed.

Here's a full list of the content going live today.

Content published on PSN (for PS3) May 6, 2008

Game Demo: Condemned 2
Game Demo: Haze
Full Game: Street Skater
Full Game: Blast Factor Advanced
Full Game: High Velocity Bowling
Expansion Pack: Blast Factor Advanced Research
Expansion Pa..."

"According to a post on the PlayStation blog, this video game will be heading to retailers this June 17. The game has Clank donning his alternate secret agent persona in an effort to save Ratchet who was convicted for a crime he didn't commit.

Along the way, Clank picks up a number of useful gadgets and abilities such as bow-tie boomerangs and the ancient knowledge of Clank-Fu.

In case you want to find out more about Sony's Secret Agent Clank, you might want to check out this video which..."

"The charger bracelet has a cable with an interchangeable tip that allows it to work with both handhelds and a number of other portable electronics. I suppose being multifunctional might make the 4,980 yen ($48) price tag more acceptable.

However, to get any use out of the charge bracelet you have to remember to charge it in a USB port, carry around the correct tip and wear it."

"The recently announced new Prince of Persia title was announced for the Microsoft Xbox 360, Sony PlayStation 3, Nintendo DS… but not the Nintendo Wii. And in a recent interview, while developer Ubisoft concedes that the currently-in-development Prince of Persia adventure will never arrive on the Nintendo Wii, the firm is seriously investigating bringing the franchise back to the little white box of tricks.

Speaking of Prince of Persia for the Nintendo DS and a possible return to the Ninten..."

"PC
Great War Nations: The Spartans, Neverwinter Nights 2 Gold, Supreme Commander Gold Edition

PS3
Call of Duty 4: Modern Warfare Game of the Year Edition

Wii
Boom Blox, The DOG Island, Speed Racer: The Videogame

DS
Crosswords DS, Speed Racer: The Videogame

PSP
R-Type Command"

As many of you know, Electronic Arts tried to buy out Take 2 Interactive, but if that did happen, how would the Grand Theft Auto series change? Would it be the same? Or crash and burn like Command and Conquer when the company took over Westwood Studios? Talk Playstation figures that the franchise simply wouldn't be the same and would be ruined if EA took over.

If you happen to be near the Meadowlands Sports Complex in East Rutherford, New Jersey on May 3rd or 4th, you may want to stop by and see the gaming stations that will be set up. The PS3 will have an exciting thing called the PlayStation Patrol Truck, where you can talk to new people in the game lounge and play some games like Gran Turismo 5 Prologue, SingStar, and MLB 08: The Show.

And also check out some of the PSP's stations that will feature games like Secret Agent Clank and God of Wa...

The Late Show host Conan O'Brien could not resist makign fun of GTA. With so many news stories abiut this game being evil, its good to see a change of news stories. Conan O'Brien shows off the softer, friendlier side of Grand Theft Auto.

Part 1

Part2

"Typically when you play a puzzle game, you are given an objective and perhaps a few different ways that you can accomplish this task. However, you're not frequently asked to readjust the reality of the world simply by manipulating the camera to close gaps between platforms. The same could be said about erasing pitfalls by changing a camera angle so a column appears to cover a hole. These optical illusions form the basis behind Sony's latest PSN title, echochrome, which asks players to constan..."

"TOKYO (Reuters) - Sony Corp's (6758.T: Quote, Profile, Research) PlayStation Portable (PSP) handheld game gear outsold Nintendo Co Ltd's (7974.OS: Quote, Profile, Research) DS portable player more than 2-to-1 in Japan in April, game magazine publisher Enterbrain said.

But in the console market, Nintendo sold five times as many Wii machines as Sony's PlayStation 3 (PS3) in the four weeks through April 27, an Enterbrain report dated Thursday showed.

PSP sales came to 380,867 units, beatin..."

"Regular CVG readers will know we have a very large soft sport for Lego Indiana Jones and this new gameplay footage may have just brought a tear to our eyes.

Advertisement:
Running for just under two minutes the footage, backed up by the rousing Indy signature score, includes recreated memorable scenes from Raiders, Temple of Doom and the Last Crusade, three of the best movies ever made (fact). Watch it in our video player on your right.

Lego Indiana Jones: The Original Adventures is ou..."

"Tiger Woods has had something of a peculiar relationship with the Nintendo Wii, given that both the 2007 and 2008 versions of his PGA Tour games were released within six months of one another. With the inevitable 2009 build on the horizon, you’ll not be surprised to hear that developer Electronic Arts is promising the most feature-packed edition of the series."

Japan's Dengeki Online recently polled it's readers about the games they want remade the most.
Nobody will be surprised with the game that appears at the top of the list.

What is the main reason Japanese gamers want these games remade? Better graphics, of course.

And what is Japanese gamer's main worry for their favorite games getting remade? A changed/different storyline.

If you have been a hardcore PC gamer, switching to a console may be tough. The reason? Controls! Think that you played all previous GTA games on PC. Then you switch to the PS3 or 360 to play GTA IV. You have a problem. You're not used to the controls. (OMG! I can haz no mouse!?) And think of when it comes to FPSes. Not that easy to play with a controller, eh?
That VideoGame Blog has thought of this, and is trying to shed some light on this factor.

Square Enix has been kicking out with Final Fantasy for 18 years and it has proven to be quite successful...until now. Their decision to try Final Fantasy on the Playstation Portable hasn't quite paid off with Crisis Core selling a mere 380,000 in it's first month in America. Looking at the chart at the source, it is nowhere near to what they've sold before on other Final Fantasy games. You can't blame it on the PSP due to the fact that America has 3 million more PSP sales than Japan. The cha...

"When did a videogame release become such a big deal?

Well, the U.S. videogame industry is worth a whopping $18.8 billion a year--that's less than McDonald's makes selling burgers and fries but 2.5 times as much as all the music CDs sold last year. It's also enough money to turn even the most conservative of entertainment executives' heads. Scott Steinberg, vice president of product marketing at Sony Computer Entertainment America, predicts we're about to see the "GTA Effect"--box office sa..."

"Hello PlayStation.blog readers. It’s Kumi! First, I wanted to thank everyone for reading my last post announcing the free demo for echochrome.

So as promised, I am back to tell you just when you can get your hands of the full version. echochrome will be available for you to download this THURSDAY, MAY 1 on the PlayStation Store for the PS3 and via the PC Store for the PSP. Both versions will be available for $9.99, so make sure you have funds in your wallet! There are 56 unique levels on ..."