Last week we had a slew of Blu-ray releases that catered to most family members. This week we have another diverse batch of movies: Nicolas Cage action and adventure flicks, comedy films the likes of Blades of Glory and Anger Management, documentaries from Questar about nature and wildlife, and the critically-acclaimed Hugo Weaving-Natalie Portman starrer, V for Vendetta. For a complete list of Blu-ray releases for this week, head on over to the full article.

When you've got a business going, it's a wise idea to keep track of your cashflow. THQ has been doing precisely that. In fact, the company has recently reported the fourth quarter results of the fiscal year, which ended last March 31, 2008. More financial statistics in the full article after the jump.

Here's another movie turned video game from Luxoflux and Activision: Kung Fu Panda (PC, Xbox 360, PS3, Wii, and DS). Play the role of Po the Panda as he trains with five of the best Kung Fu masters in China to fulfill his destiny of becoming the Dragon Warrior. You can read more about the game in our full article after the jump.

Paramount Pictures has announced that its scheduled March 4 release of two HD-DVD movies will be its last release for the said format. Wondering what flicks are being served now that the studio's going the way of Blu-Ray? Head over to the full article and find out.

It must be nice to have someone staying with you, when everyone else has abandoned you for good. DreamWorks, a studio locked into a deal with Toshiba, has stated that they are still waiting for Toshiba's decision whether or not they continue churning out movies in HD DVD format. Read more about it in the full article.

Activision recently raised its forecasts for the fiscal year, raising its estimate by more than US$ 200 million which prompted Wedbush Morgan analyst Michael Pachter to give his own prediction.

Although Pachter predicted earlier that it will win over Rock Band, he adds now that when Rock Band is released, Guitar Hero 3: Legends of Rock will decline a little in sales. More in the full article.

Activision's fiscal 2008 Q2 report is in, and the results are very encouraging. Guitar Hero III: Legends of Rock (Sony PS3, Microsoft Xbox 360, Nintendo Wii, PC) is bringing the house down as it earns over US$ 100 million in its first week to seal its reputation as one of gaming's most successful launches ever. Activision is definitely on a roll and has openly predicted that Q3 2007 just might yield income of about US$ 1 billion. Want to know the full financial details? Read more, then.

See the full story after the jump!

Sales data from Home Media Research has Blu-ray outselling rival format HD-DVD by almost 2 to 1 in the first nine months of the year. This according to reports from Reuters.

Blu-ray reportedly posted total U.S. sales of 2.6 million units from January 1 until September 30. HD-DVD, on the other hand, had a total of 1.4 million discs sold. Earlier this month, we reported that Blu-ray also posted a 4 to 1 lead over HD-DVD in Europe.

Analysts expect a different scenario in the fourth quarter, however. In-Stat analyst Gerry Kaufhold believes that newly-released HD-DVD titles with new Web-enabled features such as Paramount's Transformers will revitalize the HD-DVD camp in the fourth quarter.

Adams Media Research president Tom Adams also pointed towards Paramount and DreamWorks' 18-month HD-DVD exclusivity as a factor that "very much strengthens HD-DVD's hand in the fourth quarter". Adams, however, believes that Blu-ray will still take the lead for the year overall.

Microsoft is kicking it in high gear in delivering content for the young and the young-at-heart as they release new games and downloadable TV programs for the Xbox Live. Microsoft has teamed up with Nickelodeon, Warner Bros., and DreamWorks to offer new content.

Starting today, Xbox Live will be offering 50 episodes of classic Looney Tunes cartoons as well as episodes from three popular Nickelodeon's TEENick shows: The Backyardigans, Blue's Clues, and iCarly. The entire season of Blue's Clues is available and new episodes of iCarly will be available right after they air on the network.

Two new games have also been added to the list of Xbox Live games. Straight from his pineapple house comes SpongeBob in his very own game, SpongeBob SquarePants: Underpants Slam. Also arriving is Shrek in his new game, SHREK-N-ROLL. The games, along with 200 other casual game titles for Live will be available for download soon.

We recently reported that Steven Spielberg movies were seen in Universal Studios' Japanese presentation for a HD-DVD event, sparking curiosity and raising eyebrows among the ranks of the format war-conscious. Fortunately, Spielberg's spokesperson Marvin Levy made things clear by saying that the content shown in the Universal presentation was a mistake and matters will be corrected by the film giant. "There are no plans to release these titles on HD DVD. It was a mistake and someone inadvertently put those titles into a presentation," says Levy.

Steven Spielberg has made it clear early in this generation of media formats that he was a Blu-ray supporter, and refused to have his past and future films distributed in the HD-DVD format, making it a very surprising sight to see the titles E.T., Jurassic Park, Back to the Future, and other all-time greats in a huge screen presented to a HD-DVD audience.

Universal, whom Spielberg has worked with in the past, took the side of HD-DVD a few months ago when it announced along with Dreamworks that it was going to go exclusive with the Toshiba-backed format. However, Spielberg's work has been declared exempted from the pact. Levy says Universal Studios is expected to issue a public statement in the following days to clear up the issue to everyone.