Business Wire (Free subscription) | 05/28/2009
CHICAGO--(BUSINESS WIRE)--Midway Games Inc. has established the timeline for the expected sale of Midway’s assets to the highest bidders in accordance with the sale and bid procedures motion filed with the
L. A. Times Dodgers Blog (Free subscription) | 05/22/2009
The movie studio offers $33 million for most of the bankrupt video game publisher's assets. Marking one of the movie studios' most aggressive forays into a burgeoning entertainment business, Warner Bros. has submitted a $33-million bid for most of the assets of Midway Games Inc., the bankrupt video game publisher previously owned by Sumner Redstone.
Chicago Tribune (Free subscription) | 05/14/2009
Creditors call the sale of Midway to Mark E. Thomas a 'fraudulent transfer' that bankrupted the Mortal Kombat publisher and gave Redstone a tax write-off. Creditors of Midway Games Inc. are suing the Chicago company's board members and former majority owner Sumner Redstone, alleging that his sale of Midway was a "fraudulent transfer" that benefited the media mogul while pushing Midway into...
Business Wire (Free subscription) | 02/17/2009
CHICAGO--(BUSINESS WIRE)--Midway Games Inc. (NYSE: MWY) today announced it has received approval from the U.S. Bankruptcy Court for the District of Delaware of its cash collateral and other first day motions, which
Games and MMORPG (Free subscription) | 02/16/2009
Midway's bankruptcy proceeding has gotten even more dramatic, as accusations of fraudulent insider deals enter the mix. The full story gets very complicated, but the main issue involves the relationship between former Midway owner Sumner Redstone and the relatively unknown Mark Thomas, whom the billionaire sold his stake in Midway to for a paltry $100,000 last December. A motion has been filed on...
TweakTown News RSS Feed (Free subscription) | 02/15/2009
Midway Goes Bankrupt
The Flypaper Theory (Free subscription) | 02/14/2009
For someone who won an election three months ago, I've been feeling pretty empty and hollowed-out. This song seems to fit the mood best.For those of you who couldn't care less, here's something I found recently that just plain kicks ass.
The Huffington Post (Free subscription) | 02/14/2009
The various legacies of Sumner M. Redstone, the 85-year-old mogul, were rippling across the media industry on Thursday. Midway Games, the Chicago video game company in which Mr. Redstone sank hundreds of millions of dollars before selling it for a pittance late last year in the face of personal financial problems, filed for bankruptcy protection. The company, best known for producing the video game...
SeekingAlpha Software Stocks (Free subscription) | 02/13/2009
Seth Gilbert submits: Midway Games (MWY) fought the good fight, twice extending debt repayment deadlines, but ultimately extensions weren’t a solution. With time again running out, today the company gave in and sought the protection of Chapter 11 bankruptcy. ( The full court document is embedded below ) Midway had been under the gun since December when then majority shareholder Sumner Redstone...
Red Orbit (Free subscription) | 02/13/2009
Video game maker Midway Games Inc. filed for Chapter 11 bankruptcy protection Thursday because it is unable to pay back a debt owed after Viacom chairman Sumner Redstone sold its majority stake.
Business (Free subscription) | 02/13/2009
Midway Games, the creator of the Mortal Kombat video-game series, has sought bankruptcy protection from creditors. The company listed assets of $US167 million ($254 million) and debt of $US281 mill
The Huffington Post (Free subscription) | 02/13/2009
Joanna Pacitti, the controversial American Idol contest, has been kicked off the show. However, Pacitti was not thrown off for her semi-professional status, rather...
Jossip (Free subscription) | 02/13/2009
Sumner Redstone, the prune-faced pioneer of Midway Games and National Amusements (though which he owns the controlling stakes in CBS and Viacom) might not be a billionaire anymore, but at least he knows when to fold them. Still, the news that video game company that Sumner walked away from in December will be filing for [...]
DealBook (Free subscription) | 02/13/2009
After years of struggling with an ever-growing debt burden, Charter Communications is trying to clean up its balance sheet, The New York Times's Michael J. de la Merced writes. Charter, one of the nation's largest cable television operations, said on Thursday that it would file for bankruptcy by April 1 as part of an effort to [...]
games (Free subscription) | 02/13/2009
Midway - the company that introduced the famous Mortal Kombat games to the world. NEW YORK - Midway
The 2 latest articles published by users on Midway Games Inc. :
whipdaddy | 02/12/2009
For those of you in the dark, Midway Games has a new driving/shooter video games coming out next month called The Wheelman . Vin Diesel stars as Milo Burik, an undercover CIA operative and highly skilled driver (Wheelman) who must infiltrate the criminal underworld of Barcelona to gather information about a covert heist. ********ARTICLE: Vin Diesel stars in Wheelman Video Game
retrozoid | 06/13/2008
retrozoid.net looks at the U.K release date for UT3
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