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Midway To Keep Paying Mortal Kombat Creator To Make New Mortal Kombat
History lesson: despite decreasing sales and quality standards of late, Mortal Kombat is without a doubt Midway’s most important remaining asset. And Ed Boon created Mortal Kombat. So he’s important to Midway. Which is why, despite the remainder of their business operations seemingly falling down around them, Midway have sought to secure the continued payment…
By Luke Plunkett Published March 3, 2009 -
Midway Looking to Offload Mortal Kombat, Screwing Former Employees
Midway, publishers of the Mortal Kombat franchise, are in trouble. And how are they looking at getting out of trouble? By giving key Midway employees bonuses! Oh, and by possibly selling off Mortal Kombat. Court documents surrounding the company’s fight for survival have shown that Midway executives have set aside $3,755,000 in bonuses, which is…
By Luke Plunkett Published March 2, 2009 -
Midway Delisted From New York Stock Exchange
Earlier this month, Midway filed for bankruptcy earlier this month. Now, the long-struggling publisher of fighting game Mortal Kombat has been delisted from the New York Stock Exchange. This comes as the U.S. Bankruptcy Court decided to let Midway spend money to keep its operations running, despite protests from a laundry list of debt collectors.…
By Brian Ashcraft Published February 19, 2009 -
Mortal Kombat Vs. DC Universe Nears 2M Shipped
Midway shipped more than 1.8 million copies of Mortal Kombat Vs. DC Universe worldwide for the Playstation 3 and Xbox 360, the company announced today. And the people who have purchased the game for the Playstation 3 (no number there) have played more than 3.6 million matches online, according to GameSpy tech, which hosts the…
By Brian Crecente Published January 26, 2009 -
“Mortal Kombat Killer” Gets 36 Years
Lamar Roberts, a teenager convicted of beating to death a seven-year-old, will be an old man when he gets out of prison. The so-called “Mortal Kombat Killer” received a 36-year sentence yesterday. The 2007 beating death of Zoe Garcia, 7, was described by prosecutors and law enforcement in Greeley, Colo. as a reenactment of fight…
By Owen Good Published January 17, 2009 -
Midway Cuts Deal With Remaining Vultures
After clearing the way for another month or so of existence by getting half of their debt holders to hold off on collecting, Midway today announced they have convinced the rest of them to sit tight as well. The company filed an update with the Securities and Exchange Commission today detailing the agreements they have…
By Brian Crecente Published January 16, 2009