After revealing 50 Cent: Blood in the Sand (Xbox 360, PS3) for its May issue, Electronic Gaming Monthly magazine's upcoming June issue is revealing the next-gen resurrection of Splatterhouse. Splatterhouse and its sequels are considered to be the arcade games which paved the way for survival-horror titles. Head over the full article to see what else is there for the June EGM issue.

The cover of Electronic Gaming Monthly's (EGM) May issue got our attention. Apparently, Vivendi's 50 Cent: Bulletproof G Unit Edition has a sequel. Yes, you read that sentence right. 50 Cent II is currently in the works. Curious to know more? Then head on over to the full article.

Ubisoft, Sony's sports game division, and Midway's Mortal Kombat development team were all named by Electronic Gaming Monthly's Editor-in-Chief Dan Hsu as companies that banned the gaming magazine from covering their products after receiving negative reviews. More details await at the full article.

Electronic Gaming Monthly, or EGM, is known for its rumors bin - and its biting and mostly unforgiving reviews. We found a thread at NeoGAF detailing the important parts of EGM's September issue. We'll skip the abysmal scores of Lair and Blue Dragon, instead, we'll give you the Metroid Prime 3: Corruption details and the issue in question's rumors bin.

The lucky guys at EGM were able to preview Metroid Prime 3: Corruption. The verdict? They pointed out four things in particular. More action since there is more shooting, though exploration is still a big part of the game. Also, they mentioned a "lock-on free shooting" feature. Second point is the Wii controls, they indicated that it adds to the game's experience.

Third, they mentioned that the ship plays a major role in the game as players can use it as a mobile save point. Also, there were hints of aerial combat on the ship's options as well. Lastly, it was pointed out that "no Samus talking".

Next up is the rumors bin. Six were mentioned for the issue, most notable perhaps is the one about the maker of Jeanne d'Arc and Dragon Quest VIII - Level 5 is going to announce four new RPGs at the coming Tokyo Game Show (TGS). It was also said that Square Enix will start remaking another RPG franchise, Dragon Quest. Reportedly, it will be starting with Dragon Quest 4 for the DS.

EGM also ventured to speculate about the failure rates of Xbox 360s; apparently, Microsoft is "funneling all the best 360 parts to the elite model".

They also took a shot at Electronics Arts' Def Jam, saying that the next one in the franchise will be better than Icon. Another interesting piece of info is the one about IO Interactive, devs of Kane and Lynch. According to the report, IO will be making - or is already making - a kids' game.

Lastly, they reported that the next James Bond video game will be using Call of Duty 4's game engine.

What do you think? For now, we'll put all of these into rumors bin until they are given official confirmation.

For a good while now, we've been hearing various reports and rumors about the recent sale that Ziff Davis is intending to make. Well, apparently, the whole issue is expected to be finally put to rest "in the next day or two". Normally, this would have been good news.

The element in this whole saga which has been keeping the industry at the edge of their seats is the fact that Ziff Davis owns the widely popular gaming website 1UP.com, and its offline counterpart, Electronic Gaming Monthly. One has to remember that EGM has already been churning out reviews and features since the days of the NES, while 1UP has already established itself as one of the prime resources of gaming-related news on the web, so the prospect of these being sold off by its parent company will most definitely have major implications.

At the moment, many are waiting with bated breath on how the whole deal will affect the staff of both 1UP and EGM (and along with staff comes the content, of course), what sort of changes will the public be looking forward to, and whether these changes will be for the better or otherwise. Many have fears about the outcome of the deal, especially after the Official Playstation Magazine was cancelled just last November.

In the meantime, we'll be keeping an eye out for updates on this matter, so stay tuned.

If reports are to be believed, then it looks like PSP owners everywhere can expect more love and attention from the company which brought us chocobos: Square Enix.

Word has it that a member of the IGN boards has spotted something promising in the latest issue of Electronic Gaming Monthly, and according to him, the magazine is dropping hints that Square Enix is going to be paying more attention to the Sony handheld. According to the Rumor Mill column,

Square Enix is whipping up a wild lineup for PSP this year... These guys are serious too! I'm talking new games, remakes of old classics, and an all-new, unexpected Final Fantasy spinoff that will make the fanboys flip.

We already know that the Japanese RPG machine will be releasing the likes of Crisis Core and FF Tactics for the PSP, but what else could they be cooking up? FFXII: Revenant Wings for the PSP? A port of FF VI (Locke fans, unite!)? More Chocobo fun?