Update 2: Developer Double Fine has chimed in on the fate of Brutal Legend, stating that the Jack Black-starring action-adventure title "is fine."

Update: Sierra has assured that Ghosbusters "will not be cancelled", but offered no further details on the title or any of the others believed to be on the chopping block. Read more »

Activision and Blizzard Entertainment parent Vivendi Games announced the completion of their multibillion dollar merger resulting in the creation of Activision Blizzard.

Originally announced in late 2007, the merger was approved by shareholders earlier this week. The new Activision Blizzard corporation is valued at roughly $18.9 billion, marking one of the largest corporate consolidations in the industry's history. Read more »