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170°

Midway Stock Increases Following 7.125% Announcement

That Gaming Site writes: "Following the announcement that Midway managed to successful convince shareholders holding 7.125% notes in the company we noticed Midway's stock price increased substantially!"

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Cajun Chicken5583d ago

I hope this publisher can get out the gutter, Midway did some excellent stuff 2004 onwards, some real big budget quality stuff, the MK games got interesting game mechanics with the multiple fighting styles and Soul Calibur style play and I liked Stranglehold.

*whispers in Midway's ear*

"Psst...Psi-Ops 2."

Elven65583d ago (Edited 5583d ago )

Most definetly, it is the last "real" American publisher from back in the day to boot, it would be a shame to lose a party of gaming history like this, especially after seeing what happened to the new Acclaim, or even the new Sega...

I have a feeling that 2010 project they were touting the one that was as good as or better then Gears was probably Psy Ops but of course that is on a hiatus. Stranglehold was great and I definitely don't agree with the "repetitive" argument since, well what game isn't?!?! It had issues though like the multiplayer lobby and some tech issues that were noticeable around the end, still should have sold better though.

Edit: Psi-Ops was missed by quite a few, perhaps bringing the original to Xbox Originals or GOG/Steam ;)

Cajun Chicken5583d ago (Edited 5583d ago )

Well, having Interplay just coming back from bankrupsy recently and Midway going into it would just be annoying as heck. Like the bloody hokey Kokey.

I love some of the games both those publishers do. It would be great to have both churning out quality games.

Elven65583d ago (Edited 5583d ago )

I forgot about Interplay! That was truly remarkable how they made a comeback, although I think Midway is the last big name true American Arcade developer from that time period, the rest where either shut down or restructured like Atari.

I think Midway has enough to pull out of this especially after delaying the 7.125% situation, worst case scenario is they are forced to sell some franchises.

Cajun Chicken5583d ago

The licence for 'Fallout' can do wonders...

Anyway, theres a new EWJ game on the way with Doug Tennapel actually working on it and I hope, I pray, a new MDK or just a reboot with more epic music from Mr Tallarico himself also rumours of a new Descent.

Shame, Shiny's gone...their finest developer, oh well, always Planet Moon. Stop them making casual Wii games that don't suit their quirky style, for gods sake it's horrible to watch.

Elven65583d ago

Didn't they merge to create Double Helix? That explains why Perry is at Acclaim now though. Looked at their wiki and I guess Interplay retained their franchises.

Cajun Chicken5583d ago (Edited 5583d ago )

Yep and they made Silent Hill 5.

I think they REALLY declined in quality once merging, I hate game developers being merged and they lose identity.

Saying that The Matrix games were sub par for Shiny, even though I admit I liked Path of Neo.

The founders of Planet Moon are essentially the team that made MDK.

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TheColbertinator5583d ago

Good work Midway

Now about Psi-Ops 2...

Elven65583d ago

Like I stated above, I think it's already underway! ;)

farhsa20085583d ago

no how about another MK game.

Elven65583d ago

MK9 is already underway, problem is no one knows a release date or what it's about. I think it might be a 2009 release and then the series would be given a year or two off. Why 2009? To get rid of what little debt may still remain! ;)

Elven65582d ago

Of course, now if they get that 6% announcement they should be good.

gametheory5583d ago

And release something in the lines of MK: Shaolin Monks but now with an open set of worlds and the Lin-Kuei clan instead of the Shaolin Monks!

90°

EKWB reportedly plagued with financial disarray many gaming pc's left without parts

EK Cooling allegedly has slipped itself into a hot soup of seemingly endless financial woes, where it has not paid its staff, suppliers, and contractors for many months as the company is facing liquidity problems and a surplus of inventory left unsold, stuck in the warehouse for a more extended period. Gamers Nexus investigated these claims made by former and current personnel, where he found trails of unpaid bills lasting as long as three to four months and unpaid raises that accumulated for almost a year.

EK Water Blocks has two entities—a Slovenian-based headquarters and a US-based subsidiary, EK Cooling Solutions. Steve narrated the series of events in detail, stating that the company was reportedly irresponsible and negligent regarding payment. Consequently, partners and employees are forced to share the burden of alleged mismanagement. It all begins with its extensive range of products, leading to a surplus of goods. EK has over 230 water blocks, 40 liquid cooling kits, 85 reservoirs, 40 pumps, 73 radiators, and 212 miscellaneous accessories.

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just_looken2d ago (Edited 2d ago )

Yes this is not about video games directly but indirectly this will impact the pc gaming/workstation space hard.

This company is massive one of two in the water cool space so if it goes poof then thousands out there have no spare parts or half built computers.

SO yeah i know not about a video game but think of it as amd leaving the pc space but this is ekwb that could be leaving water cooling in the pc space

Jayz2cents a supporter of there products also has issues
https://www.youtube.com/wat...

Giblet_Head7h ago(Edited 7h ago)

As someone that has built a watercooling rig. EK is big, but there's so many numerous watercooling part companies out there. EK's stuff isn't exactly amazing quality for the price compared to others either, it's just ok. Much like Corsair. The impact would be negligible long term. For perspective the majority of my parts are XSPC, at most I use EK for my gpu waterblocks and fittings. Both easily replaceable.

60°

Indie hit Dredge is getting its own movie adaptation

Rob Webb of KnowTechie writes: We're still waiting on the details, but this video game adaptation promises to be seriously creepy.

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✔ Fixed
Bad Editing
When copying text from the source article make sure you read over the text and edit it if necessary. A good example is when a site writes "We" or "I" , as this should then be replaced with the site's or person's name, or you can quote the source.
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70°

The INDIE Live Expo 2024 event is to feature over 100 game titles

INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.

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