Nintendo is currently holding its 75th Annual Shareholders Meeting, so top company executives like CEO Satoru Iwata and General Manager Shigeru Miyamoto are meeting with investors to talk about the future of the company and answer questions. Nintendo and gaming are seen by many as synonymous, but Iwata has spoken a lot recently about Nintendo's identity as an entertainment company. There has been talk of Nintendo expanding more into the realm of films, and according to a report from the meeting, Nintendo is planning films to increase awareness for Nintendo IP. Hit the jump for more!

Kjetil Nordin, a Norwegian programmer and skydiver, has spent the past six years of his life crafting something extremely impressive and comfy. He recently revealed his hand-made crochet of the World 1 map from Super Mario Bros. 3. Impressive, but Nordin took it upon himself to really go the extra mile with this project.

Hit the jump to see more!

Nintendo has been very cautious about entering into partnerships and licensing out their IP since the early 1990s (well excuse me, Princess), but lately they've been rethinking that mindset. CEO Satoru Iwata has told investors that they will be more aggressive in expanding their brand, and we're starting to see new partnerships emerge.

Last month, Nintendo announced that they are teaming up with Universal Studios to create theme park attractions. Companies have been pitching theme park attractions to Nintendo for years, but Iwata was very impressed by Universal's extremely detailed plans and immediately got legendary Nintendo developer Shigeru Miyamoto involved in talks as well. Miyamoto recently discussed the upcoming attractions, stating that they will be a "tremendous experience" for people who grew up with Nintendo games and now have their own children. Hit the jump for more!

EarthBound and EarthBound Beginnings are both available on the Wii U eShop, and some of you may have already bought both titles. But for those of you who have been holding back, no matter what your reason, I have a brief message for you: do it. Don't let your dreams be dreams. Just do it.

In all seriousness, you really should finally take the plunge—there's a reason that fans of the series will never, ever, ever, ever stop talking about how wonderful it is. And you owe it to yourself to see what that kind of love is all about. Head inside to keep reading; there are plenty more reasons to buy the EarthBound games today.

Over the past week, numerous news sites have reported on misinformation regarding the budget and funding of Shenmue III. In a statement that was released last night, Yu Suzuki addresses those concerns regarding Shenmue III's Kickstarter.

"I can say that with their assistance on the production and marketing end, and in Sony’s case with some publishing support as well, Ys Net is able to use more of the money we collect through Kickstarter purely for Shenmue 3’s development. It is also important to note that your funds are going strictly to Ys Net for development of Shenmue 3 – Sony and Shibuya Productions are not seeing a cent of your Kickstarter dollars." — Yu Suzuki

Read more after the jump!

Fans of the Call of Duty: Black Ops series will be overjoyed to hear that the game's Zombie Mode will not be going away anytime soon. In a recent tweet by Treyarch's official account, the studio states that "It's time to start writing the next chapter" with a picture of the game's zombies above the sentence. In addition to the zombie picture, it also reveals a date and location of July 9th in San Diego. Considering that the July 9th date also coincides with the San Diego Comic Book Convention, its quite possible that more information will be revealed during that time.

You can check out their tweet after the jump!

Last generation, Nintendo was a dominant source of entertainment for children around the world, with DS selling over 150 million units worldwide. With the rise of mobile devices like smartphones and tablets, Nintendo's current handheld has not been as successful. Total 3DS sales are only at about half of what DS had sold at the same point in its life. Meanwhile, mobile sales have past up all combined dedicated console sales in Japan, and all handheld sales globally.

Nintendo of America President Reggie Fils-Aime was asked about the rise of mobile devices (in particular, whether or not Nintendo could lose their 3DS exclusive Yokai Watch to mobile devices), but he didn't seem too concerned. According to Reggie, the younger market is not using mobile. Hit the jump for more.

The Xbox One exclusive Phantom Dust has officially become vaporware. Ever since the reboot was announced last year at E3, Microsoft has become increasingly vague on the details of the game. Couple that with the developer assigned to the title shutting down, the future never seemed bright for Phantom Dust. Now, Microsoft has officially spoken out about the game's troubles.

Read the quote inside.

Later this year, Nintendo will be releasing Super Mario Maker on Wii U, allowing fans to create their own Mario levels. In the meantime, researchers at the Georgia Institute of Technology have their own way of generating Mario levels. They've created an AI that can analyze video games, specifically YouTube and Twitch footage of Super Mario Bros., learn the "rules" of game design from this footage, and then create its own levels. Hit the jump for more!

Howard Phillips, the old spokesperson for Nintendo of America, has taken a job at Gameduell, a German mobile gaming company. He will be taking the position of Head of Game Design and User Experience.

You may remember Howard Phillips for his quirky personality, red hair, and love of bow-ties. He was the face of Nintendo in the 1990's, and starred as himself in the old Howard & Nester cartoons which used to appear in every issue of Nintendo Power.

Last week, Nintendo announced that last weekend's Splatfest in Splatoon would have to be postponed due to technical difficulties; now, we know that the event has been rescheduled for next weekend!

According to a recent post on the Splatoon Tumblr page, the first North American Splatfest has been scheduled for Saturday, July 4th; the event will run from 12 AM PT to 11:59 PM PT, and it will still feature the theme "cats vs. dogs."

To celebrate Xbox's Games for Gold's two year anniversary in July, Gold members can download two free Xbox One games every month. July's Xbox One games are Assassin's Creed IV: Black Flag ($29.99 ERP) which can be downloaded at any point in July, and So Many Me ($14.99 ERP) which will be available from July 16th to August 15th.

Games for Gold is also offering two Xbox 360 games: Plants vs Zombies ($14.99 ERP) will be available from July 1st to July 15th, and Gears of War 3 ($19.99 ERP) can be downloaded from July 16th to July 31st.

With the massive amount of remakes this console generation, it's no surprise that many gamers would like to see some of the Call of Duty titles remastered. In a recent interview with Activision Publishing CEO Eric Hirshberg, it was said that the company had considered going back to revisit past games in the series. Head inside for more details!

Super Smash Bros. director Masahiro Sakurai has been hard at work on DLC, including new fighters, for the Wii U and 3DS iterations of the series, and there's even an official Fighter Ballot where fans can vote for the characters they want. We've already seen Mewtwo, Roy, Lucas, and Ryu released, but all of those characters were actually in development before the Fighter Ballot opened. Sakurai has revealed that "several" more characters are planned, and from now on, they're entirely based on "fan service." Hit the jump for his thoughts!

Vita impressed in terms of hardware at its launch, but a thin lineup of games and a high price tag have hampered its sales. Its strongest market by far has been in its home country of Japan, and this past week it eclipsed 4 million units sold in that region. Vita launched in December of 2011, so it took just over three and a half years to hit this mark.