Capcom today confirmed the development of Street Fighter IV, the next iteration of the genre-establishing fighting game series, for the PS3, Xbox 360 and PC. Street Fighter IV features a mix of returning favorites such as Ryu, Ken, Chun-Li and Guile along with new characters created for this game, such as Crimson Viper, Abel, El Fuerte, and Rufus. Characters and environments are rendered in stylized 3D, while the game is played in the classic Street Fighter 2D perspective with additional 3D camera flourishes. Read the full article for game details and features. In related news, Capcom also announced that the first television commercial for Street Fighter IV will debut during the CBS EliteXC Saturday Night Fights mixed martial arts event. The EliteXC bout takes place on CBS on Saturday, May 31 at 9 PM EST.