Welcome to Hybrid Games Live Blog of the Capcom's E3 2008 press conference. It starts at 4:30 p.m. Pacific time (7:30 p.m. Eastern time) - Tuesday, July 15, 2008.

US, July 15, 2008 - It's day two for E3 2008 and Capcom is up to bat with their press conference. We're reporting live on it, so go ahead to get up to the minute updates. 4:52 - We just got into the conference room, only 22 minutes late! 4:53 - OMG Peer has an iPhone. 4:57 - Someone's on stage! 4:58 - Capcom appreciates us being here and has something important to say. And that is... 4:59 - Showing a refresher trailer of the videogame. Oh yeah... there was snow. 5:00 - "Lost Planet has what it takes to make a fantastic Hollywood production," says Capcom. 5:01 - They've brought up Avi Arad, and screenwriter David Hayter. 5:02 - Arad is speaking. "Games are more story driven. they have main characters and main villains. they have love stories and are about hope. Lost Planet is dealing in a very imaginative way that is very close to our heart. Energy. Energy is driving war and peace, love and hate and is completely necessary to survive." 5:03 - Arad likes the many themes and elements to Lost Planet. the whodunit plot, the huge ice landscapes. 5:05 - Warner Bros is the partner and distributor. 5:06 - The screens are showing concept art for the game, levels, characters, all of which could be used directly for the film. 5:07 - Hayter is a big fan of videogames. He was a writer for the X-Men films and is the voice of Solid Snake. 5:08 - 2 and a half years. Hopefully released in 2011. 5:09 - Hayter is speaking now. He's currently complimenting Arad. 5:11 - Hayter: "The story is really compelling." Compares Lost Planet visually to John Carpenter's The Thing. 5:12 - Ari Arad introduces Keiji Inafune, the executive producer for Lost Planet. 5:13 - Inafune: "When we started Lost Planet we set out to make a game that would become a major Hollywood movie." 5:15 - Inafune: "We wanted to create exciting moments that would make a great movie." Huge ice vistas, love story, mystery and massive robots. 5:16 - Capcom understood that they wanted to make a game that would become a movie. Others outside of Capcom didn't. 5:17 - Inafune says Arad is the person that understands this game the most and how they want to put it on the big screen. 5:19 - Inafune: "I'm looking forward to working hard to make this a successful transition from the gaming world." 5:20 - Inafune is pleased that David Hayter is working on it. 5:21 - Spider-Man is one of Inafune's favorite movies. 5:22 - I predict the next guy to speak will be happy they're making the movie and will like the crew he's got. 5:23 - Wait he's talking about how expensive movies are and how they like to get branded movies? This guy is a suit! 5:25 - Testu Fujimura of Filosophia is up. We have the same eyeglasses. 5:25 - "Lost Planet is the biggest video game adaptation ever." 5:26 - Haruhiro Tsujimoto is up next. "We've had success with our other movie adaptation Street Fighter and Resident Evil." 5:27 - Did he even SEE those movies? That's success? Lost Planet may be screwed. 5:28 - Tsujimoto commends Arad for making good comic book movies. 5:29 - Tsujimoto: "We hope to work with Arad to turn other Capcom properties into movies." 5:30 - And.... apparently that's it. That was short!

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