In what is probably the weirdest announcement so far today, 505 Games will apparently be developing the movie Grease into a video game for the Nintendo Wii and DS.

The Grease video game will allow players to sing and dance alongside Danny, Sandy, The Pink Ladies and the T-Birds. The game will take full advantage of the Nintendo Wii’s motion-sensing controls and microphone, and the DS’s touch screen to create exciting gameplay for casual and family gamers eager to experience Grease in a new medium.

The game is being co-published by 505 Games and Paramount Digital Entertainment. Who seriously came up with this idea? Need further proof? Check out the news report on Gamespot.

In what is unfortunate news, developers at Blue Omega Entertainment have been laid off today. Starting this past Friday, the entire team behind the steampunk title, Damnation, was released due to poor sales and other various reasons.

The announcement was made on the company's Twitter account. While poor sales of Damnation had something to do with it, there have also been years of legal disputes with the developer. These disputes mostly took place between publisher, Codemasters and sub-contractors Velvetelvis Studios and Point of View.

It was said that Codemasters originally took off the Blue Omega team from the game development and allowed Point of View to continue work. Because of this new change, this caused Codemasters to miss deadlines on the game and leading up to charges in up to $75,000. Codemasters is seeking damages in its claim in court.

Via EDGE

Whle I for one haven't even heard of the Maloof Money Cup, apparently its one of the richest competitions in the skateboarding world with cash prizes of up to $450,000.

Skate 2’s Maloof Money Cup Pack will feature separate gameplay events both online and offline – freeskate, single player vert and street contests that put gamers against world class pros, and an online mode in which gamers will be able to compete against their friends in new activities and challenges for bragging rights. Xbox 360 gamers get an added bonus as there are 250 achievement points up for grabs.

The Maloof Money Cup presented by etnies and Monster Energy boasts the largest purse in the history of professional skateboarding with nearly $450,000 in cash and prizes. The three-day competition and festival takes place July 10-12, 2009 at the OC Fair & Event Center in Costa Mesa, Calif., during the opening weekend of the OC Fair. All attendees can ride the virtual course for themselves in the Skate 2 booth, located near the front of the festival, where the Maloof Money Cup Pack will be available for playing.

Check out the other two screenshots below. The DLC will be released on July 9th. $3.00 for the Playstation Network and 240 MS Points on Xbox Live for gamers in North America.

3 new Wii Ware titles hit the servers earlier today. Whether you're up for Water Warfare, Reel Fishing or Silver Star riding, check out what could be some interesting Wii Ware games.

Water Warfare™
Publisher: Hudson Entertainment
Players: 1-8
ESRB Rating: E10+ (Everyone 10 and Older) - Cartoon Violence
Price: 800 Wii Points™
Description: Water Warfare is a comical first-person shooter that uses water guns to battle and soak opponents. A map with a particular theme - Playground, Beach, Plaza or Nature Park - is generated automatically when the game begins, so you can think up new strategies each time you engage. Game modes include Single Player Missions, CPU Match and 2-Player Split Screen. On top of that, players with broadband Internet access can use Nintendo® Wi-Fi Connection to battle with up to eight players from around the world, or participate in Ranking Mode.

Reel Fishing® Challenge
Publisher: Natsume, Inc.
Players: 1
ESRB Rating: E (Everyone)
Price: 500 Wii Points
Description: Reel Fishing Challenge offers a fun and challenging experience for novice fishers and master anglers alike. Put your skills to the test and discover new types of fish in the challenging mission mode, or relax and enjoy the game at your own pace in free play mode. No matter which mode you play, the game's beautiful graphics and natural setting bring the fishing experience to life. Choose from a variety of lures to attract and hook the game's numerous fish. Each fish looks and moves like the real thing - it's the closest you can get to real-life fishing without putting on your waders.

Silver Star Reversi
Publisher: Agetec, Inc.
Players: 1-2
ESRB Rating: E (Everyone)
Price: 500 Wii Points
Description: Silver Star Reversi has two modes: 1-Player mode allows you to play a match against the computer opponent, and 2-Player mode allows you to play against another person. In 1-Player mode, you can choose from five different computer opponents, turn the background music on or off, adjust sound effects and access in-game help features. During each match, you can also redo your last move, save the game at any point, or resign from the game. After a match has ended, you can review each move and resume the match from any point you choose.

Check out the DSi Ware title, Sudoku Master, as well as the Virtual Console title from the Sega Master System below.

Tripwire Interactive and the Georgia Game Developers Association (GGDA) today announced that Tripwire became a "platinum" sponsor for the third annual Southern Interactive Entertainment and Game Expo (SIEGE). The expo is currently schedule for October 2-4, 2009 at the Crowne Plaza Hotel - Atlanta Perimeter NW (Powers Ferry Rd.) SIEGE09 will focus on the connections that fuel the growing video game industry in the Southeast.

“Our involvement with SIEGE dates back to its debut in 2007, and we have increased our involvement every year,” said Alan Wilson, Tripwire’s vice president. “Becoming a platinum sponsor allows us to continue supporting the game development industry in the South while celebrating the success of our recent titles.”

More information after the jump or head to www.siegecon.net