Warner Bros. makes bid for Midway
- Posted May 22nd, 2009 at 02:52 EDT by Adam Dolge
- 6 Comments
It looks like the ailing Midway may finally have a buyer. The company announced today that Warner Bros. has offered to buyout most of its studios for more than $33 million USD.
The buyout would include rights to Mortal Kombat and Midway’s Chicago and Seattle studios; however, it would not include the San Diego or Newcastle studio, or rights to the TNA wrestling franchise since Midway has a multi-year, multi-game contract for the TNA series. Warner Bros. would also get rights to Wheelman, which was developed in Newcastle.
Other companies have shown interest in buying Midway (which filed for bankruptcy in February), including Ubisoft and a private Chicago investor. The Warner Bros. offer requires a court to approve the bid, at which point other investors can make a bid on portions of the company, or the whole thing.
- 10:02pm EDT - May 21st, 2009
if they buy midway it looks like we gonna see more crappy mk games other than mk vs dc...(sigh) oh well
- 10:15pm EDT - May 21st, 2009
- 10:38pm EDT - May 21st, 2009
I like MK vs. DC :P
I would like to see Midway make a game series other than Mortal Kombat and Blitz that people actually recognize though.
- 1:54am EDT - May 22nd, 2009
Maybe a new Mortal Kombat movie will finally emerge from development heill? Hopefully more like the first NOT Annihilation!
- 2:27am EDT - May 22nd, 2009
sony could afford that easy but the games rnt important enough them going exsclusive wouldnt be huge
FPSgamer | niminum239
- 12:23pm EDT - May 22nd, 2009
I agree with #1.
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