Midway Acquired By Warner Bros.

GamesAreEvil writes, "Anyone who has followed video game news over the last 10 years knows that Midway has dramatically fallen from grace. The onetime publisher of such great games as NFL Blitz, NBA Jam, Rampage and of course Mortal Kombat, has seen exponentially diminishing returns with each console generation. After several original IP's such as Stranglehold and The Wheelman failed to pan out, it became apparent that the beginning of the end was upon the once storied publisher. This became even more evident, when it was announced that Midway has posted a $191 million dollar loss over the course of 2008..."