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The rumoured Wii price cut and budget Wii games range has this morning been confirmed by Nintendo.

Published as part of our sister-site GamesIndustry.biz's widely-read weekly newsletter, the GamesIndustry.biz Editorial, is a weekly dissection of an issue weighing on the minds of the people at the top of the games business. It appears on Eurogamer after it goes out to GI.biz newsletter subscribers.

Welcome to May! This is the month of new Rockstar crime-fighter L.A. Noire, Polish Playboy-fronting RPG The Witcher 2 and Brink - your Eurogamer Expo Game of the Show last year.

The Earth's axis has stopped turning, and gravity is now something that's less of a given, more of a taken. Things are floating around and keeping anything in orbit, let alone on the surface, is a serious problem. Everything's in limbo: physical objects, time, the seasons. Without the axis spinning, the world's on an indefinite pause.

All DC Universe Online users will get one month subscription free as a good will gesture following the Sony Online Entertainment security breach and subsequent server downtime.

A multiplayer demo is in the works for Homefront, publisher THQ has announced.

Crystal Dynamics' decision to give the Tomb Raider franchise a comprehensive makeover with the forthcoming PlayStation 3 and Xbox 360 reboot felt like the only way to go for the series, the developer has insisted.

uDraw, the formerly Wii-exclusive tablet peripheral, is heading to PlayStation 3 and Xbox 360, publisher THQ has announced.

The sooner the games industry abandons physical media and goes download-only the better, so says Alan Wake developer Remedy.

Shell out for a copy of cacophonous sci-fi wash-out Battle: Los Angeles on Blu-ray and you'll get access to a Resistance 3 demo.

The system requirements for the PC version of Deus Ex: Human Revolution have made it into the wild.

Nintendo is planning to introduce a range of budget Wii software, repackaging various first party titles at a discounted price, according to insider sources.

Microsoft will mark Halo's 10th anniversary with Halo Fest, a three day event taking place during the annual Penny Arcade Expo in Seattle this August.

The developer behind iOS hits Flight Control and Real Racing is the latest smartphone specialist to be snapped up by publisher EA.

Eurogamer-loved atomic puzzler SpaceChem is getting an explosion of new content.

Sony plans a phased restoration of the violated PlayStation Network this week.

Rockstar Games has commissioned a series of short stories to accompany the release of its forthcoming open world crime epic L.A. Noire.

The PC system requirements for Duke Nukem Forever are in, and they're relatively easy on the wallet.

The rumours were correct - the next three add-ons for Fallout: New Vegas will be called Honest Hearts, Old World Blues and Lonesome Road.

It was supposed to be Christian gaming's Passion of the Christ moment. A turning point where religious games would go from mocked underdogs to mainstream contenders. Just as Mel Gibson stunned Hollywood in 2004 by turning his religious pet project into a box office smash, Left Behind: Eternal Forces was hyped as the game that would transform Christian gaming.

Update: Sony Europe has told GamesIndustry.biz that only 900 of the stolen 12,700 non-US cards are still active and usable.

The open beta for APB Reloaded - the re-commissioned and free to play APB - will begin on 18th May.

The Collector's Edition of Catherine comes with a pair of pants - take that, serious Sony identity theft saga.

It's hard to shift the cynical feeling that Darkspore, Maxis' action RPG, is more about finding a way to recycle the no-doubt expensive character-editing tech created for the divisive oddity Spore than it is about creating a top-notch dungeon crawler. That's not to say it's bad, as dungeons crawlers go. But you can smell an air of 'systems first, personality later'. It's a robot with a toothy grin crudely painted on its cold, metal face.

Call of Duty: Black Ops map pack Escalation has been released on Xbox Live Marketplace.

When people associated with long-running video game series tell you, "We've made some real changes this time around," they generally mean that they've added a crouch button. When one of the Ubisoft Reflections team said that to me last year, however, they really weren't kidding.

Post-apocalyptic puzzler Portal 2 has held firm atop the chart table, securing a second week at number one.

The next Assassin's Creed game could be subtitled Revelations, judging by a botched reveal on Ubisoft's Facebook page.

Celebrate! It's a three day week for UK gamers! But the game industry release schedule stops for no man or wedding, and neither do we.

A new update for the PC version of Portal 2 hit Steam over the weekend.