Warner Bros to buy Midway?
- Posted April 24th, 2009 at 22:13 EDT by Eric Blattberg
- 11 Comments
As the global economy continues to crumble, game companies are feeling the heat. Midway, esteemed Mortal Kombat publisher, filed for bankruptcy in February.
New information has surfaced suggesting that media mammoth Warner Bros will buy out the ailing company.
“Warner is pretty confident that they will get Midway – which will be an immediate boost to their portfolio," a source close to Midway informed MCV. "The deal isn’t done yet. Midway is still open to offers from other potential buyers – but Warner looks to be favourite to wrap it up. They look ready to put the money on the table.”
Midway hopes that Warner Bros will match its overall target price of $30 million USD for the entire company, but is willing to sell off its IPs and studios separately if necessary.
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lordAlucard |
sympozium_666- 6:52pm EDT - April 24th, 2009
- 5
That's great if true at least I wouldn't want Midway to go. BTW Warner movie tie-ins are usually quality that's great news
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Skyesapaart
- 6:54pm EDT - April 24th, 2009
- 6
People above must be most retarded ever seen post on this site. Good for midway, and warner, not only will save alot of jobs but will also be one less gaming publisher to fall to credit crunch. Not all titles can be AAA. As a gamer, the more variety in gaming the better.
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mikeghtmare
- 6:59pm EDT - April 24th, 2009
- 7
@4 Just because they own it doesn't mean they'll keep making MK crossoevers with DC.
This could be good but only time will tell. -
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killers72888
- 3:40am EDT - April 25th, 2009
- 9
Well I hope they can reclaim there mortal kombat glory they once had
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