Midway Games, the studio behind the Mortal Kombat franchise, has been shoulder deep in financial troubles lately, and is currently facing delisting from the New York Stock Exchange.
It's gotten so bad that a private investor was able to buy 87% of shares for only US$ 100,000. The purchase was hoped to pull Midway out of its spiral of doom, but that's not the case.
Midway's share price fell to a new low of 23 cents, down almost 40% from Monday's peak. The company is still heavily in debt, although Mark Thomas, the guy who dished out the hundred grand from a controlling stake in the company, is reported to dish out US$ 70 million to cover some of the debt. Looks like he didn't get the company for cheap after all.
Interview with Stephen Russell, Actor for (Nick Valentine, Codsworth, My Handy) in Fallout 4 which is a vast open world role playing game set in the apocalyptic wastes of Boston, the Commonwealth. The career goes further with other Bethesda games from Starfield to Prey to The Elder Scrolls V: Skyrim.
This looks like a great way to play.
Rocksmith+, the award winning music-learning app that teaches you guitar and piano with thousands of hit songs, is coming to PlayStation and Steam on June 6, and is available to wishlist now on both platforms.
A look back at 4A Games' admirably consistent post-apocalyptic shooter franchise.
Ouch....
Because I don't see any reason for someone to willingly take on that much of a financial burden no matter how rich you are.
poor midway
Releasing a rapid stream of crappy games = No cash
Releasing Quality titles = $$$
I don't see what's so difficult about it. Just make good games.
Square - Enix might fall this way too, the way they've been money hungry lately.
its because they make crappy games and like the new game they made the fatality was not there like how it should be that's why i don't buy there games anymore lol