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Midway Arcade Origins collects 30 games, gets fancy trailer

Midway Arcade Origins collects 30 games, gets fancy trailer

Ah, yes. It's been too long since our last compilation of classic games, hasn't it? Thankfully, Warner Bros has announced Midway Arcade Origins, a compilation of classic arcade games from Midway. Coming soon for $30, Midway Arcade Origins will pack "more than 30" games, including Gauntlet, Rampage, Joust, Spy Hunter, Defender, and Marble Madness.

The games will support local multiplayer and online leaderboards. And yes, there are achievements and trophies. However, the most noteworthy thing about this announcement is this snazzy trailer, filled with all sorts of shiny 3D graphics. What better way to celebrate retro gaming?

Watch: Midway's terrifying Origins revealed ยป

"I said that mostly because I've already got most of the games I'd care to play through other ..."
- daggot    See all 7 comments

Downloadable Mortal Kombat trilogy Kollection announced

Downloadable Mortal Kombat trilogy Kollection announced

In the wake of the surprisingly good new Mortal Kombat, publisher Warner Bros. announced today that the original three Mortal Kombat games are getting a downloadable re-release in "late summer" on PC, Xbox 360 and PlayStation 3.

The Mortal Kombat Arcade Kollection will offer "arcade-perfect" ports of Mortal Kombat, Mortal Kombat 2, and Ultimate Mortal Kombat 3--a revamped version of the third game--for $10 (800 Microsoft Points). They're being tarted up with online play, leaderboards, achievements and trophies. Read more »

"Mortal Kombat 3 for DOS is the best Mortal Kombat game to date. I am not about to play the new ..."
- anal justice    See all 67 comments

'Awakened' In Development at Phosphor Games from Former Midway Chicago Members

Related Topics – PC, Midway, Phosphor Games

When Midway went bankrupt, the team at Midway Chicago were forced to halt production on a super-powered title known as "Hero." Since then, a number of ex-developers from the windy city formed Phosphor Games, and began working on a new game that shares the original Hero vision: entitled Awakened. In a lengthy interview with Gamasutra, Phosphor head Chip Sineni has gone into detail regarding his new team's creation.

Read more »

"Gosh it looks horrible now. Sooper sad face :(((((((( The new engine reminds me of Source ..."
- Damarius101    See all 9 comments

Wheelman Dev Midway Newcastle Shuts Down

The last-minute revelation of Necessary Force wasn't enough to save developer Midway Newcastle, as the studio failed to find a buyer and has now been officially closed.

Newcastle, responsible for last year's action-driving title Wheelman, was not among the assets Warner Bros. recently picked up from bankrupt parent company Midway. Warner now owns "substantially all of [Midway's] U.S. assets," including the Mortal Kombat, This Is Vegas and Wheelman properties plus studios in Seattle and Chicago. Read more »

"The driving in Wheelman is nothing like the driving in GTA. PS1 Driver is a closer comparison, ..."
- House    See all 16 comments

Wheelman Dev Reveals New IP 'Necessary Force' to Further Buyer Search

With bankrupt publisher Midway seeking to offload a majority of its assets, such as the Mortal Kombat franchise, subsidiary Midway Newcastle has revealed its latest project in hopes of enticing a prospective buyer for the England-based studio and staff.

Dubbed "Necessary Force," the studio's current project in an original property that sees players take control of a do-whatever-it-takes detective in a corrupt open-world. Read more »

"Looks Interesting imo. Finally something that goes beyond the generic military conflict shooter."
- UMG    See all 20 comments

Warner Bros. Makes $33 Million Midway Asset Bid, Enters 'Stalking Horse' Agreement

Related Topics – Mortal Kombat, Warner Bros., Midway, Buyout

Media conglomerate Time Warner has made a $33 million offer, via its Warner Bros. Entertainment subsidiary, to purchase assets from bankrupt publisher Midway.

The proposal sees Warner attempting to purchase "substantially all of [Midway's] U.S. assets," including the Mortal Kombat franchise plus development studios in Seattle and Chicago. However, Midway was clear that the Warner offer does not include the TNA franchise, the Midway San Diego studio and Wheelman developer Midway Newcastle. Read more »

"I have they are real cool for sure, still the backgrounds suck balls and look wack, minor maybe ..."
- valcan_s    See all 10 comments

Mortal Kombat Team Looking to Bail on Midway?

The internal Midway team responsible for development on the Mortal Kombat series is looking to leave the company, according to a Kotaku report citing anonymous sources.

The report says the team, which most recently developed Mortal Kombat vs. DC Universe, is currently in talks with various publishers in an effort to relocate. Read more »

"It would be nice if someone with some balls took MK over (like Rockstar, although that presents ..."
- jerzakie    See all 21 comments

Midway Looking to Sell Mortal Kombat Franchise, Proposes Bonuses and Cuts Ex-employee Payments

In its continued struggle against bankruptcy, Midway has proposed an incentive plan that would see some remaining employees receive bonuses for meeting certain goals, though the company is unable to reimburse ex-employees for unused paid time off.

Three specific milestones are outlined in the plan. The first, to find a co-publisher for Wheelman, was accomplished a few days before the plan was filed on February 23. That accomplishment was worth a $497,500 bonus, reports netDockets. Read more »

"I disagree. You may call Ultimate "enhanced" but this expansion somehow introduced more gameplay ..."
- anal justice    See all 49 comments

Ubisoft Now Co-publishing Midway's Wheelman

As Midway's spiral into bankruptcy continues, Ubisoft has announced that it will be handling the sales, marketing and distribution of Wheelman in most major markets.

In development at Midway's Newcastle studio, the driving-action game starring "action-film megastar" Vin Diesel will hit PC, PlayStation 3 and Xbox 360 on March 24. Previously, Midway was set to handle all publishing duties for the title. Read more »

"Don't care what people say... this game looks really sweet to me. I also read that the ..."
- f1kt1t1ous    Add a comment

Midway Files for Bankruptcy

Struggling Mortal Kombat publisher Midway has filed for Chapter 11 bankruptcy protection in the United States, citing an inability to repay its $150 million debt potentially due next week. The filing does not affect its non-U.S. operations, which will continue "as normal."

The company plans to reorganize but "conduct its business operations as usual," with CEO Matt Booty noting that "Midway enters this process with strong underlying fundamentals, as evidenced by solid fourth quarter sales that exceeded expectations in spite of a challenging retail and general economic environment." Read more »

"Silliness aside, my understanding is that it actually sold pretty well (probably from an Shack ..."
- mopic42    See all 7 comments

Midway: More Mortal Kombat on the Way

Hidden away within a press release regarding shipment figures for Mortal Kombat vs. DC Universe was the first official word that Midway is planning another series entry.

"We're already hard at work on our next version of Mortal Kombat, and look forward to being able to reveal more details in the future," said franchise co-creator Ed Boon.

While the publisher did not disclose how many copies of Mortal Kombat vs. DC Universe have actually been sold, it did note that "approximately 1.8 million units" of the PlayStation 3 and Xbox 360 fighter have been shipped since its November 16 release. Read more »

"YEEEES! more MK! i agree MK vs DC was a huge success but i was disappointed with the tone down ..."
- PewptyPants    See all 18 comments

Midway Now Facing February Bankruptcy

Related Topics – Midway

Struggling publisher Midway may now have another month before it faces bankruptcy, as some of its investors have agreed to postpone a payback deadline until February 19.

After majority shareholder Sumner Redstone sold 87% of the Mortal Kombat publisher for $100K, investors were able to demand repayment due to the change in control.

All together, Midway faces $240 million in debt, though it is primarily concerned with $150 million of that, which is owned in $75 million increments to two groups of holders. As of December, the company did not believe it could immediately pay the $150 million. Midway originally had until 2025 to repay one group, and 2026 for the other. Read more »

"So it has an updated engine, yet doesn't look much better than Most Wanted? What's the update ..."
- fffortune    See all 13 comments

Midway Fires 25% of Staff, Cancels Games Under New Cost-cutting Initiative

Facing $240 million of debt, struggling publisher Midway has announced a cost-cutting plan that will see the company axe 25% of its workforce and cancel several games.

Under the plan, Midway will close its Austin-based development branch, which was most recently responsible for BlackSite: Area 51. After the shooter released, creative director Harvey Smith described the game's development as "so fucked up." Read more »

"Aww man, way to rain all over our parade! I would kill and/or die for an NBA Jam TE release ..."
- getlefty    See all 28 comments

Midway Facing January Bankruptcy, $240M Debt

Related Topics – Midway

When Midway majority shareholder Sumner Redstone sold off his 87% stake in the company for a paltry $100K, the move did more than send stock prices plummeting. Due to the change in control, Midway's creditors can demand immediate payment.

Midway currently faces $240 million in debt, it admitted in an SEC Filing, with $90 million owed to Redstone's theater business National Amusements. Midway has 20 days to notify investors of the control change, and creditors have 30 days to demand payment. Read more »

"... that would be assuming that they've made anything in the last 15 years that was worth ..."
- -shadin-    See all 15 comments

Midway Stock Now Worth Considerably Fewer Pennies

Related Topics – Midway

Publisher Midway's stock has plummeted almost 40% since Sumner Redstone's sale of the company for an embarrassing $100,000, settling at an all-time low of 23 cents per share.

Friendly investor Mark Thomas purchased Redstone's majority shares of Midway on Monday. Though the publisher is still valued at $21 million, it also carries some $70 million in debt--a fatal figure that could actually be as high as $150 million, according to Variety. Read more »

"Interplay was a shrunkenheaded zombie at that point. It's not like Midway is some shadow of its ..."
- Lunaran    See all 23 comments

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