Sony Confirms Crossover Brawler

The rumors were right. Today, Sony officially announced PlayStation All-Stars Battle Royale a Smash Bros.-esque fighting game headed to the PlayStation 3 this year.
In development at SuperBot Entertainment, the title is a four-player
"mash-up brawler" that includes a roster of iconic Sony characters.
Confirmed characters thus far include Kratos, Parappa the Rappa, Sly
Cooper, Colonel Radec, Sweet Tooth, and Fat Princess.

Players will duke it out on a host of Sony-themed environments with
static and interactive elements. Locales confirmed for the game include
the underworld setting of God of War's Hades, Ratchet & Clank's
cityscape Metropolis, and Jak and Daxter's Sandover Village.

All-Stars Battle Royale will feature a number of single- and multiplayer
game modes, as well as online play complete with a "robust" tournament
option