While net revenue went up (from $222.1 to $265.1 million), net loss ballooned from $8.2 to $50.4 million, mainly due to continued retail weakness. As a result Take Two is cutting costs by closing internal development studios (so far Poptop, Indie Built, Rockstar Vienna and Frog City) as well as cancelling half a dozen titles, Snow being one. After a long period of silence, Bully was mentioned, and scheduled for release later this year.

NecroVisioN is a next-gen First Person Shooter that starts in the rage battlefields of World Word I and leads player to much darker and brutal underground world of vampires and demons.

The Witcher is an action RPG, which combines the features of such games as Dungeon Siege, Baldur’s Gate: Dark Alliance, Gothic and Neverwinter Nights. The game is supposed to ensure entertainment to a broad group of older players, incorporating simple yet interesting game system, along with a complex plot and attractive 3-D graphics.

UFO: Extraterrestrials, developed by Chaos Concept, is a 3D tactical/strategy title with a rich and compelling sci-fi story.

Another day, another batch of games shipped to stores. Instead of giving them all their own posts, we grouped them, and so far there are announcements for:

• AND 1 Streetball (PS2/Xbox)
• Sensible Soccer 2006 (UK only) (PS2/Xbox/PC)
• 
  
  We will update this throughout the day when new announcements become available. Read more for details ...

Test Drive Unlimited challenges players online to experience the most exotic and fastest vehicles on more than 1000 miles of diverse Hawaiian roads. Gamers win races, challenges, missions and tournaments to earn credits and purchase new cars, bikes, rare performance parts, clothes, apparel, homes and garages.

O3 Entertainment today announced Konductra, a fast-paced puzzle game for the NDS, featuring four different gameplay modes, where players match colored tiles, create patterns, and work to block opponent's lines.

Activision has released a new patch for Infinity Ward's WWII-based FPS Call of Duty 2, bringing your retail game to v1.3 and raising the gamestate from 16k to 128k. It also fixes a PunkBuster GUID issue, and a few multiplayer map tweaks.

The Teen Titans take on their toughest challenge yet, as Majesco Entertainment Company and Warner Bros. Interactive Entertainment today announced Teen Titans 2 for GBA.

Playlogic has updated the Sparta Ancient Wars product page reflecting a change in release date, originally scheduled for Q3, the game has been pushed back to Q4 2006. Sparta: Ancient Wars is an RTS based on historical events and timelines, and not to feature myths or legends.