Mortal Kombat vs. DC Universe News
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Midway shareholder suit dismissed
Despite suspicious timing of stock dump, judge finds no evidence executives' "puffery" deceived public to inflate share price of doomed publisher.
- News -
- Posted Oct 27, 2009 3:43 pm PT
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THQ buys Midway San Diego for $200K
[UPDATE] Final Midway developer scooped up by WWE and UFC publisher; deal does not include TNA Impact! license; UK, French offices bought for €1 ($1.42)
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- Posted Aug 11, 2009 2:52 pm PT
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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.
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- Posted Jul 16, 2009 2:38 pm PT
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Midway Newcastle shuttered, Chicago layoffs 'imminent'
[UPDATE] Following Warner Bros. buyout, publisher closes UK branch and is set to downsize its Chicago operations; San Diego studio looks likely to close on August 31.
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- Posted Jul 14, 2009 1:36 pm PT
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Third Mortal Kombat movie filming in September - Report
Last month, a bankruptcy court lawsuit provided Mortal Kombat movie fans with a glimmer of hope that the fighting franchise could hit theaters for the third time. The complaint, brought by original Mortal Kombat film producer Larry Kasanoff, mentioned that a third feature was in the works, with a...
- Staff Blog -
- Posted Jul 8, 2009 5:48 pm PT
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MK vs. DC DLC nixed
Series creator Ed Boon laments apparent death of downloadable characters for crossover fighter, releases teaser of what could have been.
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- Posted Jul 8, 2009 10:55 am PT
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Judge approves Midway sale to Warner Bros.
Mortal Kombat maker cleared to emerge from bankruptcy thanks to $33 million acquisition offer.
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- Posted Jul 2, 2009 12:25 pm PT
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Mortal Kombat film producer sues Midway
Larry Kasanoff asks bankruptcy court to affirm his company's rights to fighting franchise, claims copyright on dozens of series' most famous characters.
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- Posted Jun 25, 2009 3:23 pm PT
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Ed Boon: Next Mortal Kombat aims for M-rating
Fighting franchise creator's Twitter says newest installment leaves superheroes behind in favor of "sick" fatalities.
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- Posted Jun 19, 2009 12:37 pm PT
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Midway sale approval expected next week
Bankrupt publisher says court hearing next week should clear the way for Warner Bros. acquisition; competing bids accepted through June 24.
- News -
- Posted May 28, 2009 1:46 pm PT
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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.
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- Posted May 21, 2009 9:06 am PT
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Midway creditors sue old, new owners
Bankruptcy proceedings get uglier with allegations of improper conduct leveled at Sumner Redstone, Mark Thomas over $100,000 sale of controlling interest in publisher.
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- Posted May 13, 2009 11:44 am PT
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Midway golden parachutes bronzed
Bankruptcy court approves incentive plan that sees key employees reap reduced bonuses, but company first needs to survive or sell for at least $30 million.
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- Posted Apr 16, 2009 2:56 pm PT
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Midway owner: Company's cash gone by June
Mark Thomas paints a bleak picture of his new acquisition for bankruptcy court; $30 million listed as highest bid for Mortal Kombat publisher.
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- Posted Apr 9, 2009 7:41 pm PT
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Mortal Kombat devs planning Midway exodus?
Source: Gaming blog Kotaku.What we heard: Midway is in dire financial straits, having filed for Chapter 11 bankruptcy in February because creditors had called in $240 million in debt. One way the publisher hopes to overcome its indebtedness is through the controversial sale of its assets and gaming...
- Staff Blog -
- Posted Apr 6, 2009 11:53 am PT
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Report: Midway bonuses draw flak from feds
Variety says Official Committee of Unsecured Creditors and the United States Trustee call bankruptcy milestone payouts "outrageous."
- News -
- Posted Mar 31, 2009 10:02 am PT
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Redstone, ex-Midway exec subpoenaed
Former majority shareholder Sumner Redstone and ex-chairwoman Shari Redstone court-ordered to answer questions about $100,000 mystery buyout.
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- Posted Mar 5, 2009 2:18 pm PT
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Midway 'hemorrhaging cash,' Boon getting $1M bonus?
Bankruptcy-court objection predicts publisher will burn through 75 percent of cash reserves by early May; Variety reports company struggling to retain Mortal Kombat cocreator.
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- Posted Mar 3, 2009 3:00 pm PT
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Midway mulling Mortal Kombat sale
Chicago-based publisher's employee-incentive plan lists selling off flagship fighting IP as "milestone"; reps downplay option as "just one possible scenario."
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- Posted Mar 2, 2009 2:31 pm PT
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Court OKs Midway operations, NYSE delists stock
US bankruptcy court approves use of cash for continued operations; bondholders file formal objection over mystery buyer's dealings as New York market ceases trading shares of publisher.
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- Posted Feb 17, 2009 5:31 pm PT
- GameSpot Score7.5good
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