This is the final Nintendo Direct concerning Super Smash Bros. for Wii U and 3DS. Let's see what they had to say.
Corrin, from Fire Emblem: Fates is a playable character. His Auto-Blade, the Yato, changes forms into something resembling a chainsaw. This character can also be played as a male and female, like Wii Fit Trainer and Robin. Corrin has the blood of a dragon and can transform into one, or partially into one, for some attacks. The Fire Emblem: Fates theme will be added to the existing Fire Emblem stages. $4.99 - February 2016
Ryoma and Xander, the older brothers in Fire Emblem: Fates, will be trophies in the 3DS version.
Cloud Strife will be available for download soon. His side smash is part of a 3-chain combo. He can fill the Limit Gauge by giving or receiving damage. Once filled, all of his moves will be switched to Limit Break moves, but a Limit Break move can only be used once, as the gauge drains. Cloud will be available later today.
Midgar will be a new stage. Summon Materia will appear here and will change the terrain when a fighter uses them. Ramuh, Ifrit, and Odin will alter the terrain with electricity, fire, and split the stage, respectively. Leviathan will create a flood of water that flows right to left below the stage. Bahamut Zero sends a beam of destruction at the stage. Cloud will be available with this stage for $5.99 on either the 3DS or Wii U or $6.99 for both.
Mii Fighters will get Chocobo hats. Geno will be a Mii Fighter costume. Other upcoming costumes include Takamaru, Bionic Armor, Ashley, Gil, Tails, and Knuckles. On the official website, you can download the Miis featured in the promo videos via QR codes.
Bayonetta will be a playable character. She can activate Witch Time to slow down time with the Down Smash, but only the opponent you're countering. It will last longer if the opponent has higher damage, but shorter if used repeatedly. Both her short-hair and long-hair sprites will be playable. Gomorrah is her Final Smash. She was the #1 choice worldwide on the ballot. She is a combo fighter, but the combos can be slow to start. Hold down the button during and after attacks to fire her guns, but the bullets won't stop enemies. Umbra Clock Tower is a stage that involves a falling clock tower with other platforms falling with it. $5.99 for either the 3DS or the Wii U or $6.99 for both. February 2016
Famicom R.O.B., Ryu, Roy will have Amiibo released on March 18, 2016.
Cloud, Corrin, and Bayonetta will also have Amiibo.