BlackSite: Area 51 News

  • 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.

    • News -
    • Posted Jul 16, 2009 2:38 pm PT

  • 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.

    • News -
    • Posted May 21, 2009 9:06 am PT

  • 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.

    • News -
    • Posted Dec 1, 2008 12:42 pm PT

  • 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.

    • News -
    • Posted Oct 17, 2008 6:31 pm PT

  • 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.

    • News -
    • Posted Aug 11, 2008 2:34 pm PT

  • 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.

    • News -
    • Posted May 5, 2008 3:46 pm PT

  • Midway's CEO exits

    Following flaccid fiscal-year results, publisher parts with David Zucker after five-year run; SVP Matthew Booty named interim chief.

    • News -
    • Posted Mar 20, 2008 2:47 pm PT

  • 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.

    • News -
    • Posted Jan 15, 2008 1:00 pm PT

  • Smith says 'audi' to Austin

    Outspoken developer's tenure abruptly ends following controversial comments about Area 51 in Canada.

    • News -
    • Posted Nov 30, 2007 1:00 pm PT

  • Harvey Smith gets blunt about BlackSite

    Midway Austin creative director highlights his Area 51 sequel's shortcomings in game conference presentation.

    • News -
    • Posted Nov 29, 2007 12:15 pm PT

  • Shippin' Out November 12-16: Super Mario Galaxy, Assassin's Creed, Crysis

    Trio of games headlines crowded week alongside Kane & Lynch, new entries for Need for Speed, Area 51, WWE SmackDown, Rayman Raving Rabbids.

    • News -
    • Posted Nov 12, 2007 12:29 pm PT

  • BlackSite golden on Xbox 360, PC

    Midway's modern-day sci-fi shooter to hit Microsoft-powered platforms November 12; PS3 version still slated for December.

    • News -
    • Posted Nov 2, 2007 2:20 pm PT

  • PS3 UT3 officially pushed to '08, new MK revealed

    Development issues cost Sony a major holiday console exclusive, though Epic says it is trying to finish the title by year's end; Midway announces new fighter, Blitz game.

    • News -
    • Posted Oct 2, 2007 2:34 pm PT

  • Midway halves Q2 losses, delays BlackSite, Wheelman

    Publisher cuts shortfall to $14.3 million on heels of Wii Mortal Kombat and Lord of the Rings Online launches; sci-fi shooter pushed to November 5, Vin Diesel vehicle now due in '08.

    • News -
    • Posted Aug 2, 2007 8:34 am PT

  • E3 '07: Xbox Live wraps up E3

    Microsoft's Bringing It Home campaign concludes on day three of trade show; GHII tracks, game demos highlight week's offerings.

    • News -
    • Posted Jul 13, 2007 12:34 pm PT

  • E3 '07: Midway puts press in Stranglehold

    Midway talks Unreal Tournament III PS3/PC exclusivity, BlackSite: Area 51 and Ultimate Mortal Kombat also on display.

    • News -
    • Posted Jul 11, 2007 4:41 pm PT

  • E3 '07 Q&A: Midway's David Zucker

    The CEO talks about the event's new format, its future, and ponders whether the US even needs a game trade show anymore.

    • News -
    • Posted Jul 8, 2007 9:50 pm PT

  • NewsSpots: Calling All Cars!, Area 51, Forza 2, Halo 2

    David Jaffe's first downloadable effort arrives, Midway offers an alien shooter demo, Xbox 360 racer goes gold, Monster Madness is delayed, and Bungie's shooter hits a milestone.

    • News -
    • Posted May 10, 2007 6:32 pm PT

  • Midway trims Q1 losses, prepping Wii exclusives

    Holdover sales help publisher trim January-March losses to $19.8 million; Stranglehold "expected in August," BlackSite: Area 51 demo coming.

    • News -
    • Posted May 3, 2007 2:59 pm PT

  • Comic scribe to pen Area 51 film

    Grant Morrison tapped to bring Midway's xenophobic shooter series to the silver screen.

    • News -
    • Posted Apr 4, 2007 12:09 pm PT
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