Video games are a big thing right now (remember how the industry's growth beat the US economy's 4-to-1?), but it seems Hollywood is a tough one to catch up with. According to a new report from the EMA, DVD sales still rake in more cash than video games. More in the full article.

With Vin Diesel starring as the lead in The Wheelman (PC, Xbox 360, PS3), and Midway collaborating with Tigon Studios to deliver the finished product, it's no surprise that expectations are rising high, and the stakes, too. It doesn't hurt as well that Tigon Studios is founded by the Hollywood star himself. Read up after the jump.

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.

One good way to promote something is to have a famous personality offer a testimonial about it. In this case, it's American boxing promoter Don King and the the 2K Sports boxing game named after him: Don King Presents: Prizefighter. Pugilistic previews promptly proceed after the jump.

Here's something that may just add a little more oomph to the Xbox 360 as a multimedia entertainment system: Hollywood producer Peter Safran is set to produce original bite-sized flicks for Microsoft's next-gen console. Will this be the perfect bait to lure the Xbox 360 demographic in? Read more in the full article.

Will digital downloads via Xbox Live, PSN, and iTunes soon take over the business of delivering consumers TV shows and hit movies? Not if you ask top Hollywood execs. In a recent gathering of the industry's movers and shakers, the general notion was that physical media would remain on top in the few years ahead. Read the details in the full article up next.

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.

In one of recent updates on Take-Two Interactive's Bioshock, Surfer Girl mentioned a certain rumor that the company has plans of making a film adaptation of the game.

We got information that T2 is actually hasn't closed their doors, but they're also not ready to sign any deals just yet. Find out the details by clicking on the "read more" link.