Midway Games on Monday posted a larger loss for the first quarter and raised its estimated net loss for the full year, citing plans to increase development spending for new games. The financial gibberish also revealed Midway is pushing back Fear & Respect slips to 2006.

Turbine today announced that it has secured $30 Million in Series B equity financing. Already at the forefront of the exploding massively multiplayer online games market, Turbine's market potential has been reaffirmed with this investment support.

Rockstar Games today announced Bully for the PlayStation 2 and Xbox. Bully brings groundbreaking, innovative, original gameplay and humorous tongue-in-cheek storytelling to an entirely new setting: the schoolyard. The title is expected to hit retail shelves in October 2005.

THQ today announced Titan Quest for the PC. An all-new action role-playing game set in the ancient mythical worlds of Greece and Egypt, Titan Quest is developed by Iron Lore Entertainment, a new studio led by Age of Empires co-creator Brian Sullivan.

Huxley is a massively multiplayer online first person shooting game (MMOFPS) utilizing the UNREAL3 engine that takes place in a post-apocalyptic world. Human beings have mutated and are divided into two opposing races, Sapiens and Alternative, who are forced to battle against one another to gain control of the world and its resources.

Vivisector: Beast Inside developed by Action Forms (creators of Chasm and Carnivores series) is a unique mixture of 3D Action/Horror. The game blends a thrilling interactive story with intense, high-adrenaline action and immerses players in a rich and fascinating storyline.

Software developers have figured out how to extract files from the Universal Media Discs used in Sony's new PlayStation Portable, though there is no way to play the games extracted from those discs.

Activision today announced record net revenues for the fourth quarter and fiscal year ended March 31, 2005. Net revenues and net income had increased 48% and 78%, respectively, over last year's numbers, boosted by sales of top-10 console titles such as Spider-Man 2 and Tony Hawk's Underground 2 and DOOM 3, Rome: Total War and Call of Duty for the PC.

Blitzkrieg II is created with a new focus on fast-paced gameplay, a strategic layer and new tactical opportunities. A completely new engine takes WWII into full 3D where players can command famous aces and units, strategically plan battles in multiple theatres, choose their reinforcements and use a wide range of new unit types such as aircraft and ships.

Video Games Live features music from some of the biggest video games performed by top orchestras and choirs across the country combined with video footage, lasers, lights and live action to create an explosive and unique entertainment experience. The national tour launches this summer at the world famous Hollywood Bowl in Los Angeles on July 6.