×
 
 
 
ABCDEFGHIJKLMNOPQRSTUVWXYZ
midway_logo.jpgAs if things couldn't get any worse for Midway, current court documents show that the trouble publisher may deplete its cash reserves by June of this year. Here is a statement to the courts by owner Mark Thomas:
Moreover, the Debtors have conceded that if they continue consuming the cash at the current rate, the Debtors' cash will be depleted by late June 2009...Furthermore, the Debtors do not have any new, major video game releases which could have provided an influx in cash between now and June 2009.

The document also states that Midway overstated the value of the Mortal Kombat franchise, and that Citigroup was hired by Midway last year to find potential buyers of the company but was unsuccessful.


Source: http://www.gamepolitics. ... -cash-june
ABOUT THE AUTHOR
 
Fuzz
Site Owner/Admin
 
 Joined: 07/24/2003
 News Kredits: 675
 Posts: 7,979  View more posts by Fuzz
 
 Favorite Game: Mortal Kombat 11
 Favorite Kombatant: Sektor
 Favorite Realm: Outworld
 Favorite Faction/Race: Brotherhood of the Shadow
 
KOMMENTS
Ashrah - Cry and Rain - Gloomy is all I can say.
Yeah I got nothing to say.

Not like I didn't see this coming.
That is the bad ass news all time at 2009
Not like this wasn't obvious or anything...but maybe it's for the best. Let us all keep a small memory of what Mortal Kombat was instead of taking it further down the path of suck it's been on since after Deception.

Hopefully a restructuring can fix things.
Back to top 
footer
© 2026 FDMK.net. MORTAL KOMBAT®, dragon logo, and all related characters and elements are registered trademarks of Warner Bros. Entertainment Inc.  DC LOGO, and all characters, their distinctive likenesses, and related elements are trademarks of DC Comics©. NETHERREALM STUDIOS LOGO, WB GAMES LOGO, WB SHIELD are ™ & © Warner Bros. Entertainment Inc. Killer Instinct, KI LOGO, and all related characters and elements are registered trademarks of Microsoft Game Studios.