Midway's Chicago HQ closing, final buyout price $49 million
Sixty employees at publisher's offices laid off, but 100-plus Mortal Kombat dev team rehired by Warner Bros.; $69 million to $76 million in assets and development costs written off.
Midway gets $33 million Warner Bros. bid
Media giant offers to buy assets of bankrupt publisher, including Mortal Kombat and Wheelman; deal would not cover TNA license, San Diego and Newcastle studios.
Redstone dumps Midway for $100K
Media mogul sells $30 million, 87% interest in beleaguered publisher for pittance in exchange for debt assumption; loss estimated at $800 million.
Midway cancels two game licenses, nearly doubles projected Q3 loss
[UPDATE] Publisher ends deal for one internally, one externally developed game based on non-owned IPs; list of suspects includes NBA Ballers, Cartoon Network; Unreal Tournament unaffected.
Midway Austin hit by layoffs, game cancellation
Citing need to "optimize product development resources," cash-strapped publisher shuts down mystery project, pink-slips 90-130 staffers; two new IPs still in the works.
Midway beats sales projection, still loses money
First quarterly report for Chicago-based publisher's new interim president and CEO continues string of losing quarters.
Midway's CEO exits
Following flaccid fiscal-year results, publisher parts with David Zucker after five-year run; SVP Matthew Booty named interim chief.
AU Shippin' Out March 5-March 7: Bully: Scholarship Edition
Have you got what it takes to be the big dog in the playground?
Midway CFO departs as Austin shop trims staff
Publisher's finance chief Thomas Powell leaves to explore new opportunities; Austin studio receives "minor concentration" of terminations.
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