GZ News Update 6/3/14: Xbox 360 games discounted and Batman Arkham Knight delayed

Welcome fellow video game enthusiasts to GameZone's News Update. Want the latest breaking news, delivered in a quick, easy to digest way? Then look no further, and enjoy these latest headlines from the day.

Crytek reveals new IP, HUNT: Horrors of the Gilded Age

Crytek sure is busy. In addition to the recently announced Homefront: The Revolution, Crytek is also working on a brand new IP called HUNT: Horrors of the Gilded Age.

PS4 System Software update 1.71 out now

PlayStation 4 System Software update 1.71 has been released, but don't expect any major new features. Though Sony has yet to post the official change-log for the update, the PlayStation Twitter account did vaguely explain that update 1.71 will "improve software stability of some features."

This week's Xbox 360 Deals with Gold: Saints Row 4, Far Cry Blood Dragon, and more

In addition to this weeks Deals with Gold for Xbox One, Microsfot is also discounting a number of Xbox 360 titles — good ones too.

Batman: Arkham Knight delayed to 2015 to deliver 'awesome level of quality'

Fans looking forward to Batman: Arkham Knight will have to wait a bit longer to experience the conclusion of Rocksteady'sArkham series as Warner Bros. announced today that the game has been pushed back to 2015. The news will surely disappoint Xbox One and PS4 owners starved for a true next-gen game, but Rocksteady assures that the delay will allow them to "deliver the awesome level of quality that Batman fans and gamers can expect."