Midway Sold for $100,000

That has to be pretty embarrassing. 100,000 dollars with 70 million in debt. WOW

Did the developers EVER listen to their fan's? consumers? ..... It boggles my mind that some of these companies don't die sooner! Make games that your fans want! It's a simple practice. Did any of these developers at Midway attend a business class at a community college? lol

Bye Bye Midway...

I enjoyed BlackSite...

Why spend $100,000 to get yourself into $70 million in debt?

The Suffering was a great IP and so was Area 51 (aside from the fucking atrocious BlackSite).

*folds arms*

So where does this leave Epic's partnership with Midway ( http://www.shacknews.com/onearticle.x/32826 )?

"Midway gets it. They hit right at the heart of gamers. Not only did they create many classics including Defender, NFL Blitz and Mortal Kombat, but they're making great new games such as Psi-Ops: The Mindgate Conspiracy, The Suffering, NBA Ballers, NARC and Area 51. They make awesome games and don't apologize for it, so we think games like Unreal Tournament will fit in perfectly here," said Mark Rein, vice president and co-founder, Epic Games. "In our opinion Midway is doing the industry's best marketing and promotional campaigns and they will contribute strongly to the ongoing success of the Unreal franchise."

Midway "gets it", eh? I don't remember much about NARC, PsiOps, The Suffering or Defender, but IIRC NBA Ballers is a dead franchise, IIRC so is NFL Blitz, Mortal Kombat was pounded into the ground (not counting the DC Comics tie-in title, though I haven't heard too many glowing opinions on it), and BlackSite was an abomination. And Midway's first Unreal unveiling was a dud.

I'm guessing that Epic either sticks with Microsoft or goes with someone a little more independent. I don't see them going to VivActArd or EA, though they may if the price and the contract stipulations are right.

I view Midways as a relic of a gaming age gone past. It just didn't mature well as a company to compete on the same level as the big boys.

Midway's fall from grace has been a sad sight to see for me since I worked at Midway Los Angeles in 2005 on Mortal Kombat: Shaolin Monks. The development team and local management in LA are the most skiled professionals I've ever worked with. The problem is with the corporate management in Chicago, which green lit games like the horrible sequel to The Suffering, John Romero's Gauntlet, and TNA Wrestling (Great game, but flawed license). I saw great developers leave due to the decisions that we're made by corporate that not only alleviated developers, but also fans. Our game sold over a million copies yet gt never received a sequel using ideas like online co-op, more characters, online versus, etc. that we were excited to implement. I really want Midway to make it, but it will never happen until corporate can step out of the creative process and let the developers take over.

What Midway needs to do is go back to a stylistic 2D Mortal Kombat and make it gory as hell. I will be glad to help after I finish my second art degree.
http://themumblemagnificent.com

They've been pumping out pure crap for a while now.

I'm not surprised by how low the price dropped or how they lost their ass... I'm just shocked anybody bought them at ANY price.

NBA JAMS with online support would have saved this company. god damnit how many times do I have to say it, NBA JAMS with online features = billions in revenue. Billions

Probably like many of you, I thought to myself, "Who the hell is Mark Thomas?!". Googling turned up this: http://latimesblogs.latimes.com/technology/2008/12/mark-thomas-mid.html

- Thomas wants to be a passive investor, said Peter Kolevzon, an attorney with Kramer Levin Naftalis & Frankel, the New York law firm that is representing Thomas in the transaction.
- Thomas is the primary investor and beneficiary of the generically named Acquisition Holdings Subsidiary.
- He does not intend to be on Midway's board. Nor does he plan to get involved in the management of Midway despite his huge stake in the Chicago company, Kolevzon said.
- He is a U.S. citizen, city unknown.
- He is not granting interviews.

He's BATMAN.

Damn shack, we could have pooled our money and bought that.

thats what happens when your one of the worst game devolopers out there. the mortal kombat series has been goin down the shitter for a long time, and it being their main game isn't helping any. Dont even get me started on how stupid MK Vs DC is.

let this be a lesson to the rest of yous! stop making bad games >:(

I would have bought it....

because midway hasnt made a good game since like... what? mortal kombat or nba jam in the arcades?

fire the entire development teams... or give them the resources they need to make good products.

Yikes.

And I thought the housing market was bad.