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Despite the bruised economy Machinima.Com managed to raise $US3.85 million in capital from MK Capital and other private investors, the entertainment network announced today.

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A graduate student at the University of Southern California is working on a project that employs Half-Life 2 as a setting/context for political cartoons. Sounds a little out there, but MFA student John Brennan has turned out that video so far, which features Sens. John McCain and Barack Obama on a debate stage, and a headcrab just to show this is Half-Life 2 we're dealing with. And I guess those are combine soldiers in the back beating up on something as these two talk, too.

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We mentioned that the Academy of Machinima Arts and Sciences was looking for a few good flicks back in August; they announced their finalists earlier this month, with the awards ceremony to be held in New York City in November. There's a pretty wide variety of quality entries that run the gamut from artsy to funny to pretty wacky and from short to pretty damn long. It's certainly an interesting collection worth nosing through if you've got some time to spare.

The 2008 Nominees [machinima.org via GameSetWatch]

I swear, I swear that I am not a mole for Valve. I know I post well more than my share of Team Fortress 2 shit, but they keep making it, and I keep laughing, and I'ma keep posting it. Machinima.org has been doing awesome "Meet the ..." sendups of the inanimate objects in TF2, and this one looks at the 2Fort Cow. The ending is cow-meets-Cloverfield amazing and makes me want to hit myself in the face with a shovel.

Meet the Cow [machinima.com, via Ubercharged.net]

The Academy of Machinima Arts & Sciences officially launched their call of submissions for the 2008 Machinima Film Festival today.

The festival will be held on Nov. 1 at Eyebeam in Manhattan, but if you're interested in trying to get your work included you need to submit your entry by Sept. 12.

The festival will also feature panel discussions about the art of making machinima as well as the awards ceremony honouring the best new machinima of the year.

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Valve's Doug Lombardi sat down with us this week to talk on a bunch of topics including the decisions behind the creation of zombie thrill-killer Left 4 Dead and why Microsoft hasn't given up on Games for Windows Live and just moved to Steam. We also learn that Left 4 Dead, which includes 20 maps stretched over four "movies", will likely get a movie viewer down the line that will allow gamers to watch their entire game session as a movie after a playing through a chapter.

Check out our three-parter after the jump.

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From the same folks who brought you The Sims 2 Male Restroom Etiquette video comes this Mass Effect machinima, "So I Ran Over A Monkey". I just recently finished playing Mass Effect for the first time (go PC version!), and I have to say that my teammates's adverse reactions to my accidentally shooting a space monkey to death led me on a genocidal rampage that left many a monkey-based economy in shambles. Shepard's looking pretty rough though, isn't he? That's monkey guilt right there. You're never the same. Thanks Mystfit for dredging up the painful memories.

If you're getting dominated in TF2, ganked in AoC, pwned in Halo 3; feeling blue after finishing MGS4 or down in the dumps because your 360 RRoD'd -- or if you're just feeling awesome and want to feel even better about this crazy habit we have, which forces us to sit inside for hours on a perfectly good day otherwise, then just watch this video that ThatsMrOffDutyNinjasent us, and sing along.

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