Last year, it was announced that little-known foreign publisher 10tacle Studios would be bringing the Ready 2 Rumble series back to life with the help of famed developer Aki, after Midway decided to back out of the project. Unfortunately, 10tacle was forced to close its doors in August of this year due to financial issues, [...]
Continue reading...Monday, December 1, 2008
For a mere $100,000 (about a seventh of the median cost of a single-family home here in San Francisco), private investor Mark Thomas has just acquired 87% of the shares of Midway Games. The controlling stake was previously the property of media mogul Sumner Redstone's deeply indebted holding company National Amusements.
Continue reading...Friday, September 26, 2008
The Suffering, a 2004 survival-horror title from Midway and Surreal Software, is a strange little game. It's fun, certainly; there's enough blood, cursing, and supernatural terrors to upset most anti-gaming folks, and its creative, difficult enemies and multiple endings make it a solid entry for the genre. What I remember most about it, however, from [...]
Continue reading...Monday, August 11, 2008
Midway hasn't made a profit since the turn of the century. This year, they're finally feeling the fallout. Following numerous departures by key management, the closing of their Los Angeles studio and a reported $34.8 million loss this quarter, Midway announced today that it is "has instituted a strategic workforce reduction," and has plans to [...]
Continue reading...Monday, May 5, 2008
Midway announced its first quarter results, and the news is mixed. Although the company showed sales above estimates at $29.9 million, Midway also posted a loss of $34 million, up from a loss of $19.8 million last year. The only American release during this quarter, however, was the Stranglehold expansion pack. It wasn't too long [...]
Continue reading...Friday, April 25, 2008
If you've never heard of Kingsisle Entertainment, that's probably because the isle has been underwater for the past three years, only surfacing today to let Gamasutra know that several prominent industry veterans are helping them build some mystery MMOs.
Continue reading...Monday, April 7, 2008
Elf poked the food with his stylus!
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Tuesday, December 2, 2008
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