destroy, erase, improve
Midway Games
Just outta curiosity, I heard that Midway Games is going bankrupt. I heard it when I bought Shadow Hearts: Covenant. An employee told me as I was testing it out. Anyone else hear this? Couldn't find anything on their website. Except they're annual financial reports. Can't say whether I would be bummed or not, I don't play many midway games.
Need something good....
Battousai The Manslayer
I heard the same thing...oh and wrong board....
edit: because I cant really think straight right now
Last edited by FoReVerZeRo; 5th-October-2004 at 04:12.
destroy, erase, improve
sorry for posting it here, but i didn't think any of the others fit...maybe they do
Need something good....
Battousai The Manslayer
General Gaming comes to mind...Originally Posted by MusikFreak00
destroy, erase, improve
Hah! Ive been stuck in the same boards over and over, I forgot about the other ones! Man...
Need something good....
Yours Truly.
Well I do, mortal kombat is cool
I think MK deception will be pretty awesome aswell
Skullfucked the ecosystem
Hmmn. I'm going to go research this for myself. However I'm going to take this news with a grain of salt. Midway hasn't exactly been doing poorly, so I see no real reason that they'd be going bankrupt...
Fish Fingers
i dont believe this to be true
they have released a lot of 'good' games and have some in the pipeline
i hope they dont go the same way as acclaim.
will juiced ever be coming out now? acclaim were publishing it, but its been quiet since their demise. anyone else snapped it up?
Skullfucked the ecosystem
Apparently Rockstar is looking to pick this one up. Let's hope it happens.
Fish Fingers
good, it looked a fun game
Skullfucked the ecosystem
Yeah, well back to the topic at hand. I've been searching for any shred of info on Midway possibly going bankrupt, and have not been able to find anything. So at least at this point, it's looking like there's nothing to worry about there.
And now that I think of it, if Midway were in danger, why would they release the latest MK game complete with online support? Online support costs money to sustain, so if they were in trouble, why would they sink more money down the crapper? Sure, it could be argued that they'd have done it as a last ditch attempt to make some cash to avoid bankruptcy, but I really don't think that's the case...
Cookie Thief
Ditto... Last I heard, their latest games were well received, so I see no reason for this to happen... Maybe they're merging, or something...?
destroy, erase, improve
yeah, well, going bankrupt doesn't mean going out of business either. It just makes it really hard. Hell, Hostess went bankrupt, but they are still in business. It just means you are really, really in deep crap financially. Most businesses do close because of bankruptcy but not all. Anyway, on their site their financial reports said they had a net loss of 9.5 million dollars this second quarter (which to people not accounting savvy, is a lot of money in 3 months!)
Here's the link where I found that out...
http://www.midway.com/cgi-bin/gx.cgi...ID=ZZZUENLVHXD
Need something good....
*See Signature
It's probably a lie
How could midway go out of buisness when they are about to release a new MC and they have a hand in DOOM3? It makes no sense.
A merge makes sense. They haven't been doing as hot as they did in the 1990's, so maybe they're merging with someone that can help'em out?
Spreading Fear and Uncertainty since 2004!
*Apparently the above doesn't fit in a custom user title. Bollocks.
Copyright Paladin_Hammer 2007: "Deus ex Imperator". "Dio Dal Genica".
NWO 4 Life!
Funniest Thread EVER
Skullfucked the ecosystem
I'm not a financial wizard or anything, and hell, most of this went completely over my head. That's the price you pay when you dropped out of school in the first grade, I guess.
Anyway, all kidding aside, I'm unable to see exactly where they said they're going bankrupt. All they said was that thier profits were down, and that they didn't meet thier expected earnings. It happens. Doesn't mean that they're going out of business just yet...
Posting Permissions
