Midway
”Midway Sees $34 Million Loss in First Quarter
Developer-publisher Midway has taken another loss for the fiscal first quarter of 2008, the company announced today. The company saw $29.9 million in sales, more than twice its performance for the same period last year, but nonetheless, Midway's first quarter net losses were $34 million, while it lost much less - $19.8 million - in 2007's first quarter.
Mortal Kombat Vs. Street Fighter Kind Of Almost Happened
Mortal Kombat Vs. The DC Universe, announced last week, doesn't sound so bad. But did you know that we almost had Mortal Kombat Vs. Street Fighter in its place? Mortal Kombat co-creator Ed Boon recently revealed that:
I did a couple of write-ups and whatnot on it, and sometimes we'd get really close to it but issues like our representative for the other company left the company for some reason, and that reset the whole thing back to beginning.[Ed note: contrary to Boon's statement, the game actually did go through. But upon hitting store shelves, Mortal Kombat Vs. Street Fighter Annihilation Vs. Dark Horse Comics Or Something set of a massive "Big Boom" explosion, eventually ceasing life as we know it before restarting the entire cycle again over billions and billions of years. Notably, the game only received a 75 on IGN, begging the question, "was it really worth it?"]
Ed Boon Interview [CVG via N4G]
MK Vs. DC: Batman Versus Sub-Zero
MK v DC Has Little Blood, NO FATALITIES?
Wondering why DC comics would seemingly sign onto a project that would let Scorpion rip Wonder Woman's head off? You know...kill a superhero? So were we. So were you. This might explain it: a former Midway employee has contacted us and said that he worked on the game, and that Mortal Kombat v DC features "no fatalities and little-to-no blood". In other words, "MK is dead". No blood, no fatalities...if this is true, why is this game called Mortal Kombat again?Next Mortal Kombat Is...MK v DC?
Next Mortal Kombat Is...MK v DC?
Mortal Kombat fan site Mortal Kombat Online are claiming that this image (click for bigger version), supplied to them by "a source within Midway", is the first piece of official art from the next Mortal Kombat game. And yeah, as you can guess from the miserable, hulking guy on the right, it'll be a Mortal Kombat vs DC game. Out of love for the DC universe, I'm trying to both accept this is real and be excited about it, but...firstly, there hasn't been a decent Mortal Kombat game in over ten years, and second...hey guys, Capcom did this a little while ago. With Marvel. You may have heard of it. Little late to the comics crossover party, aren't we?
Mortal Kombat Online [thanks everyone!]
A First Look at Gauntlet for the DS
Good morning, campers. Thought we'd start the day off with some screenshot candy and a pointer to the first look at Gauntlet for the Nintendo DS. IGN's got the goods on the classic cooperative dungeon crawler, which introduced "Warrior ... is about to die!" into our inside-joke lexicon back in 1985.
Obviously, Gauntlet's addictive gameplay remains the same as the coin-op and its spinoffs, with upgraded enemies and AI. Graphics naturally are state of the art for the DS. But the real two-dot-oh for this Gauntlet, IGN reports, will be in the multiplayer, will full Wi-Fi support for linking up to three mates and the ability to talk to them over a mike. Everybody, all together now, "Elf needs food!"
Exclusive First Look at Gauntlet [IGN]
This Is Why Midway's CEO Is No Longer Midway's CEO
Going off naught but anecdotal evidence, it's easy to see why Midway CEO David Zucker was binned (as if he actually "resigned") earlier this week. Guy didn't do a very good job, and leaves Midway in worse shape than when he came in. But that's just a general assumption: it's a lot more fun to look at some numbers showing just how shitty the company have become since 2004, when Sumner Redstone bought a majority stake in the company (which ties in nicely with Zucker's tenure, which began in 2003):
- Midway have lost around $300 million dollars since 2004
- Their revenue growth from 2004 through to 2007 was -3%
- The increase in net losses from 2004 through to 2007 was at least 399%
- Midway's stock value has dropped by 79% since 2004
- Sumner Redstone have lost over $500 million in equity since taking over Midway
All paint a bleak picture, but me, I think Zucker's fate was sealed the day somebody at Midway saw Cruis'n on the Wii and said "yes, brilliant, let's release this".
Midway CEO David Zucker canned after Sumner Redstone stacks up huge losses [Variety]
Midway Boss Resigns, Board Makes Booty Call
"I am excited to have the opportunity to lead our game teams and talented associates as we roll out our 2008 releases," said Matt Booty. "Our plans include significant front-line releases, ambitious new intellectual properties, reinvigorated franchises with well-established fan bases, and new offerings in the casual games space."An important employee in the organization since 1991, don't be surprised if Midway decides to tap that Booty for the full time position when the time comes. More »
Pontiac Ad Does Spy Hunter Oh So Right
Thanks, Josh!
mortal kombat
Midway Announce *Another* Mortal Kombat Game
Midway are releasing a new, current-gen Mortal Kombat game. Your first question will probably be: when's this coming out? That, or: why are Midway bothering? It's 2008, guys. Oh well. Midway need a buck, and when they need a buck, I guess they still think Mortal Kombat's one of the few well's they've got that hasn't run completely dry.Next-gen Mortal Kombat game coming this year [MCV]
sales
UT3 Sells 1 Million Copies, Better Late Than Never
Things weren't looking good for Epic's once-powerful franchise, Unreal Tournament. The release of UT3 met slow sales during a November when new IPs were dominating the charts as the holidays approached. Now Midway has announced that UT3 has sold 1 million copies. The catch? That figure includes both PC and PS3 titles. I think that at this point we can call it—Unreal Tournament is no longer a powerhouse franchise.
Of course, Epic still has Gears of War and the oft-licensed Unreal Engine. So they're not going hungry or anything.
UT3 and Stranglehold hit 1m sales [MCV]
business
EA/T2 Rumblings = Cash Money For Other Struggling Publishers
The seemingly inevitable acquisition of Take 2 by Electronic Arts is having an impact on more than just those two. The move, which comes only a few months after Activision teamed up with Blizzard, has set investors hearts aflutter at the prospect of further mergers/acquisitions, with the stocks of three troubled publishers - THQ, Atari & Midway - seeing huge gains (around 10% each) on the back of the EA/T2 news. While Phil Harrison might console himself with the thought it was rumours of his switch that propelled Atari's spike, the more probable explanation is that those are the three publishers most likely to be snapped up if a big buyer enters the gaming market.THQ, Midway, Atari stocks surge on EA's bid for Take-Two [Variety]
This Is Vegas Trailer
This is Vegas? I always thought Vegas was about bright lights, good times, regrettable unions. Not punching and gyrating floosies. Well, punching and floosies do feature, I guess, I just never figured they'd be the only things shown in a trailer for a game based in the city. Then again, seeing as this is a Midway GTA clone, maybe I should have. More »
mortal kombat
New Mortal Kombat Movie Sounds Awful Already
How do you make a new Mortal Kombat movie suck harder than the last sucky Mortal Kombat movie? I'll tell you: you hire Chris "Mink" Morrison to direct, whose last movie was 2005's Into The Sun. With Steven Seagal. Note that's fat, crazy 2005 Steven Seagal, not chubby, hilarious 1988 Steven Seagal. This new film won't be a sequel to the 1995 movie, nor its 1997 sequel; rather it will, according to the director, be a "re-envisioning (if that is a word) of the Mortal Kombat franchise from top to bottom". Oh, and it'll also be borrowing from the original's "pioneering spirit":Todays audience is a savvy, involved group so the film must be A plus plus in every area in order to capture the magic of the first film...The original Mortal Kombat game was born a child of many visual loves by the creators at midway so this latest version borrows heavily from that pioneering spirit and must be thought out and executed at the highest level in order for it succeed in today's market place.Uh...right. Repeat after me: "straight to DVD".
Director talks Mortal Kombat reboot [Moviehole]
business
Relax, Viacom (Probably) Aren't Buying Take-Two
That rumour yesterday about media giants Viacom swooping for troubled publishing house Take-Two? Most likely bogus. Both Reuters and Variety are pouring cold water on the suggestion, with Variety's Ben Fritz reiterating something we heard a lot of yesterday: if Viacom were going to go for a publisher, it wouldn't be one as costly and cumbersome as Take-Two. It'd be Midway, who are equally vulnerable, and who Viacom chairman Sumner Redstone happens to have a controlling stake in. That and his daughter, Shari Redstone, is chairman (chairlady?) of Midway.Viacom's not making a bid for Take Two [Variety]
Midway Brings The Vegas Lifestyle Home
A powerful businessman is starting to turn everyone's favorite den of sin and debauchery into a family-friendly tourist trap! Madness you say? THIS IS VEGAS! *slow-motion kicks you into a bottomless pit* Sorry. This is Vegas is Midway's newly announced open world lifestyle action experience, in which you must build your own seedy underground empire in order to bring back the best parts of Vegas - sex, corruption, and gambling. You'll find yourself hanging out at seedy night clubs, gambling, racing cars, beating people up, and seducing women, all in the name of restoring Sin City to it's former 'glory'.
"We are thrilled to be unveiling the first-ever videogame experience which allows players to live out their wildest Vegas fantasies," said Alan Patmore, studio head, Surreal. "Whether it's partying in the hottest night clubs, racing in underground circuits, testing your luck at the tables or getting into a barroom brawl, This is Vegas has it all."If Rainbow Six: Vegas pissed off city officials, wait until they get a load of this. This is Vegas is coming to the Xbox 360, PlayStation 3, and Windows PC in Winter of 2008. More »





