Majesco announced today that its financial statements for the fiscal year ended October 31, 2006 contain a going concern modification from its accounting firm, a legal term for "financial trouble."

THQ's fiscal Q3 2007 net sales increased to $475.7 million, up 33% from a year ago, driven by strong sales of WWE SmackDown vs. Raw 2007, Cars, Avatar, SpongeBob SquarePants and Destroy All Humans! 2. In the conference call, THQ executives revealed a new Red Faction is in the works, as well as the Stuntman franchise it acquired from Atari. Cars is getting a sequel by end of the year, and WWE Smackdown expands onto PS3, Wii and NDS. In total, 11 new Wii titles are scheduled, and the previously revealed, but yet unannounced, Juiced and MX titles are due in fiscal 2008.

EA today announced its Q3 financial results ending Dec. 31, 2006. Net revenue for the 3rd quarter was $1.28 billion, up a mere 1% compared to last year's $1.27 billion, driven by Madden, but curtailed by higher next-gen development costs and acquisitions. In the conf call afterwards, EA revealed Spore and My Sims are coming to the NDS (in addition to the PC and Wii versions, respectively), and that White council is "on hold," not cancelled.

As with Ubisoft yesterday, SCi/Eidos' first half of its fiscal year was quite positive with revenue topping £70 million (40% increase) mainly due to strong sales of action game Just Cause, and super hero title Justice League Heroes, while the original Lego Star Wars has sold 5.4 million copies across all platforms since its April 2005 release. SCi plans to release 4 Wii titles (Bionicle Heroes, for one), further next-gen installments for Tomb Raider, Hitman, Championship Manager, and confirmed that Just Cause 2 is in development.

Ubisoft announced sales for the 3rd quarter of fiscal year 2006-07, which ended December 31, 2006. Revenue increase from €250M to €311M (24% increase), buouyed by the hot sales of Rainbow Six Vegas, Splinter Cell Double Agent, and Red Steel. The results revealed a Blazing Angels expansion (X360/PC), some new Wii (Driver, Turtles, PoP) and PC titles (Driver, RE 4), and the delayed release of Haze, pushed back to at the earliest April.

BioWare is bringing an enhanced version, high-resolution graphics and new visual effects, of Jade Empire to the PC. The original, story of Jade Empire is injected with new monsters, weapons, combat styles, new challenges, and special items to discover.

Shivering Isles features more than 30 hours of new gameplay and allows you to explore an entirely new plane of Oblivion – the realm of Sheogorath, the Daedric Prince of Madness. In Shivering Isles you can continue playing with your existing save game/character, or create an all new character just to explore the new content.

Revealed several months ago, Ubisoft officially announced the PS3 version of From Software's epic adventure RPG Enchanted Arms, allowing players to escape to a fantasy world filled with beautiful cinema-quality graphics, unique characters and bizarre creatures.

ISI is developing an updated version of its rFactor racing game, featuring BMW Sauber F1 race cars and 6 new Grand Prix-inspired replica circuits, for Intel optimized for Intel Core 2 Extreme processor technology. Today Philips teamed up with both companies to amBX-enable rFactor Special Edition 2006 and add an unprecedented levels of raceway realism.

NetDevil announced Warmonger - Operation: Downtown Destruction, an apocalyptic FPS, built around the AGEIA PhysX processor, enabling unique, piece-by-piece destruction system and is designed to deliver stunning fluid and cloth-based effects unlike anything seen before.

IDG World Expo announced the official name of its newest event: Entertainment for All Expo (E for All Expo), scheduled for Oct. 18-20, 2007, at the Los Angeles Convention Center. A naming contest to replace the original GamePro Expo attracted 3000 submissions with the winning entry proposed by California resident Dante Padre.

BioWare is bringing an enhanced version, high-resolution graphics and new visual effects, of Jade Empire to the PC. The original, story of Jade Empire is injected with new monsters, weapons, combat styles, new challenges, and special items to discover.

The US Army has released a new updated version for America's Army: Special Forces (Coalition). This upgrade brings their team-based multiplayer game to v2.8 and includes the map creation tools to modify existing levels and/or create your own, ability to submit user-created content, map updates, the usual slew of bug / crash fixes, and game tweaks.

Ubisoft announced that its TMNT video game is coming to the X360 in favor of the earlier announced Xbox. The new NT video game uses the same dark and dangerous environments and adventurous themes featured in the new NT CGI film.

D3Publisher of America officially announced its arcade-style 3rd-person shooter Earth Defense Force 2017, previously known as EDF X, equiping players with an extensive arsenal of diverse weapons, pilotable vehicles and loyal teammates in order to defeat a wide variety of attackers ranging from gigantic ants and spiders to robots and monsters standing more than 20 stories tall.

The Entertainment Software Association (ESA) announced today that its founding president, Douglas Lowenstein, will leave the organization early next year after twelve years of service to launch a new trade association in the investment industry.

While already revealed a little while ago, EA officially announced the development of the NDS exclusive Theme Park, allowing players to create, manage, and develop their own fun-filled park, packed with amazing rides, enticing shops and engaging sideshows, all via an intuitive Touch Screen interface.

MAN2 is an online strategy game featuring sci-fi conflicts on distant planets. Gamers are fighting against the world's most talented strategy players. The demo features one planet for unlimited free games and complete land+air unit set. Lifetime Membership unlocks the access to dozens of various planets and naval units.

BioWare is bringing an enhanced version, high-resolution graphics and new visual effects, of Jade Empire to the PC. The original, story of Jade Empire is injected with new monsters, weapons, combat styles, new challenges, and special items to discover. 2K Games pushed Jade Empire from its original January date, to Feb. 26, 2007.

Today independent developer Sentinel Studios offiically announced its inception. Paul Potera, best known for his leadership role with Ubisoft-owned Sinister Games, and Marc Racine, former co-owner of Vicious Cycle Software, sit at the helm of the five-man console game development team with over 50 years combined industry experience.

For the very first time since its debut in 1998, the Unreal franchise gets a compilation of Unreal and Unreal Tournament titles with Unreal Anthology. This unofficial patch addresses an issue where you can't play UnrealGold online.

Independent Software developer Garry Newman and Valve today announce an electronic distribution agreement for Garry's MOD, the popular software utility downloaded by hundreds of thousands to create mini-games, many of the most popular movie shorts on web sites such as YouTube.com, and more.

3D game engine developer Trinigy announced the conclusion of a Tools & Middleware License Agreement for PS3 with Sony, thus its Vision Game Engine will become available for PS3 game titles and can be licensed by companies from all over the world.

SCEA announced the launch of its next generation PlayStation 3 entertainment system, for sale ($499-$599) throughout North America. In addition to the PS3 hardware, a software line up of more than 20 first- and third-party titles will be available at retailers nationwide.

Already revealed last week, THQ today officially announced the first Titan Quest expansion pack, Immortal Throne, adding new storyline, monsters, weapons, quests, skills, and character classes.