Take-Two's Q1 2008 financial result reveals net revenue down and an increase in net loss, but most importantly, 2K Games confirmed BioShock 2 is being developed by 2K Marin and is planned for release in the Q4 of fiscal 2009 (Aug.-Oct. 2009), the same time frame set for Mafia II. Borderlands, however, has been delayed until Nov. 2008 at the earliest, in order to give Gearbox additional development time, as well as Midnight Club: Los Angeles.

The war on terror is raging. Violence is escalating. Time and again, civilians are being kidnapped for ransom. Despite earlier assertions, the government takes up negotiations to free the hostages. At the same time, they also send a special unit of the US Navy Seals just in case the negotiations take a little too long....

The war on terror is raging. Violence is escalating. Time and again, civilians are being kidnapped for ransom. Despite earlier assertions, the government takes up negotiations to free the hostages. At the same time, they also send a special unit of the US Navy Seals just in case the negotiations take a little too long....

Operation: Omega Dawn is the first downloadable expansion pack for Warhawk, delivering a new gameplay experience that expands the title’s strategic gameplay elements by offering a new world to explore and introducing a unique aircraft: the KT-424 Combat Dropship.

In its latest financial results statement, Take Two revealed a preliminary release schedule for its 2008 lineup, with GTA IV coming in Q2 2008 (Feb-April), as well as Borderlands, Bully: Scholarship Edition, Carnival Games (NDS), Don King Presents: Prizefighter, Midnight Club: Los Angeles, MLB 2K8, NBA 2K9 and Sid Meier's Civilization: Revolution.

Take-Two announced the formation of a new development studio under its 2K publishing label located in Novato, California, 2K Marin. The new studio, comprised of former BioShock team members, will develop original intellectual property, as well as co-develop products with other 2K studios around the world.

The war on terror is raging. Violence is escalating. Time and again, civilians are being kidnapped for ransom. Despite earlier assertions, the government takes up negotiations to free the hostages. At the same time, they also send a special unit of the US Navy Seals just in case the negotiations take a little too long....

Not due to air until tomorrow, Sunday, Dec. 9 (9:00-11:00 PM, ET/PT) on Spike TV, the 2007 Video Game Awards results are in. 2K Games' BioShock took home awards for Game of the Year, Best Xbox 360 Game and Best Original Score, while Microsoft's Halo 3 and MTV Games' Rock Band garnered two awards each.

The war on terror is raging. Violence is escalating. Time and again, civilians are being kidnapped for ransom. Despite earlier assertions, the government takes up negotiations to free the hostages. At the same time, they also send a special unit of the US Navy Seals just in case the negotiations take a little too long....

Take-Two announced the settlement of all consumer class action lawsuits pending in the United States against the Company and its subsidiary Rockstar Games, relating to a third-party program called the "Hot Coffee Modification" that could be used by consumers to alter the content of the Grand Theft Auto: San Andreas video game.

Take-Two announced the formation of casual gaming label 2K Play, and signs an expansive licensing agreement with Nickelodeon, including top-rated properties Nick Jr. preschool television hits, Dora the Explorer and Go, Diego, Go!

Take Two has released new material for the following of its upcoming titles:

• 'Borderlands' (PS3/X360/PC) - 3 New Screens
• 'NHL 2K8' (PS2/PS3/X360) - 11 New Screens
• 'Carnival Games' (Wii) - 9 New Screens

Without giving many details City Interactive revealed at the Games Convention that it's Terrorist Takedown 2 sequel, scheduled for November, will use F.E.A.R.'s Jupiter-EX-Engine. You are special ops team leader sent out to neutralize terrorists, drug lords, bad people in general.

Take Two has released screens and trailers for its upcoming titles:

• 'BioShock' (X360/PC) - Features, Screens & Trailer
• 'Sid Meier's Civilization Revolution' (NDS/Wii/PS3/X360) - Screens
• 'Top Spin 3' (PS3/X360) - Screens

2K Games and 2K Sports announced a strong line-up for the E3 Media & Business Summit 2007 including titles such as BioShock, Sid Meier's Civilization Revolution, NHL 2K8 and All-Pro Football 2K8.

In Manhunt 2 an experiment at a secret research facility has gone catastrophically wrong, with Daniel Lamb and Leo Kasper the only survivors. The Pickman Project will stop at nothing to hunt them down and stop the truth from getting out. After the game was banned in the UK and Ireland, both Sony and Nintendo stated it would not allow AO-rated games to be published on its consoles. Take Two decided today that it would temporarily put the July 10 release on hold to "further explore its options."

Take 2 released its financial numbers for Q2 2007 and it wasn't a very rosy picture. Net revenue down, and net loss up, so it came as no surprise that a 100 day restructuring plan was announced. During the follow-up conference call Take 2 executives revealed that several fiscal 2007 year titles were cancelled, though did not go in specifics, and that it would try to sell off Jack of all Games and its Joytech divisions. Dispite earlier rumors, GTA IV is not getting delayed, and is still on track for its October 16 launch.

Developed by MadMinute Games, Take Command: 2nd Manassas explores the titular 1862 battle of the American Civil War, which proved to be the pivotal engagement of the Northern Virginia Campaign.

Take Two has signed a co-publishing agreement with XS Games to bring former Acclaim shooter The Red Star to European territories. The Red Star takes place in a parallel fantasy universe in which a mythic empire based on the Soviet Union sets the landscape for an epic battle of militarized sorcery and monolithic technology.

Take Command: 2nd Manassas explores the titular 1862 battle of the American Civil War, which proved to be the pivotal engagement of the Northern Virginia Campaign. MadMinute Games has released a new patch bringing your German / French retail game to v2.53 and adding new commands, features, and the usual game tweaks and bug fixes.

Take-Two and independent in-game advertising company Double Fusion, today announced that the companies have entered into a multi-title agreement (up to nine titles) for the sale of in-game advertising opportunities in a selection of 2K and 2K Sports titles.

Take Command: 2nd Manassas explores the titular 1862 battle of the American Civil War, which proved to be the pivotal engagement of the Northern Virginia Campaign. MadMinute Games has released a new patch bringing your English / German retail game to v2.53 and adding new commands, features, and the usual game tweaks and bug fixes.

Take-Two announced that is has 20 games in development for the PS3, with more than seven titles from Rockstar Games, including Grand Theft Auto IV, scheduled in North American for Oct. 16, 2007 and Europe on Oct. 19, 2007. Additional Rockstar Games products include new original titles such as L.A. Noire, as well as extensions of blockbuster Rockstar Games franchises.

Milestone are back and bringing Super-Bikes: Riding Challenge with them, the most realistic and in depth riding simulation. Black Bean announced that it has signed a partnership distribution agreement with Take Two for the Benelux market.

Anti-violent video game activist Jack Thompson has today filed a lawsuit to force Take-Two to give him a copy of its school violence simulation, Bully, before its October 1, 2006, release date. Thompson claims that Take-Two has a history of downplaying the violence in its titles and therefore wants to see the game and judge for himself.