[Update] - argh! apparently the Bloody Roar 5 announcement was a big fake. Damn it trolls! it would have been awesome seeing a new Bloody Roar too.... ok time to move on.
Original - Hudson Soft announced via twitter that the next title for the Bloody Roar series is currently in production. Not much information was given but it's good to know that they haven't forgotten about the series because I'm sure a lot of gamers out there have been dying for a next-gen Bloody Roar.
The last game, Bloody Roar 4, was released back on Playstation 2 in 2003, The only information about the game so far is that they're aiming for a 2012 release for the Playstation 3 and Xbox 360.
I think it's about time for the Bloody Roar series to be revived. I still remember the first two Bloody Roars and having loads of fun with it, but when 3 and 4 came out, well lets just say Tekken became my type of fighting game during that time.