Midway's Chicago HQ closing, final buyout price $49 million
Sixty employees at publisher's offices laid off, but 100-plus Mortal Kombat dev team rehired by Warner Bros.; $69 million to $76 million in assets and development costs written off.
Sixty employees at publisher's offices laid off, but 100-plus Mortal Kombat dev team rehired by Warner Bros.; $69 million to $76 million in assets and development costs written off.
Media giant offers to buy assets of bankrupt publisher, including Mortal Kombat and Wheelman; deal would not cover TNA license, San Diego and Newcastle studios.
Media mogul sells $30 million, 87% interest in beleaguered publisher for pittance in exchange for debt assumption; loss estimated at $800 million.
[UPDATE] Publisher ends deal for one internally, one externally developed game based on non-owned IPs; list of suspects includes NBA Ballers, Cartoon Network; Unreal Tournament unaffected.
Citing need to "optimize product development resources," cash-strapped publisher shuts down mystery project, pink-slips 90-130 staffers; two new IPs still in the works.
First quarterly report for Chicago-based publisher's new interim president and CEO continues string of losing quarters.
Following flaccid fiscal-year results, publisher parts with David Zucker after five-year run; SVP Matthew Booty named interim chief.
Have you got what it takes to be the big dog in the playground?
Publisher's finance chief Thomas Powell leaves to explore new opportunities; Austin studio receives "minor concentration" of terminations.
Headliners join PS3 shooter trifecta Orange Box, Unreal Tournament 3, and BlackSite: Area 51; Arkadian Heroes, GripShift hit 360, Pokemon Snap, Ghosts 'n Goblins, Baseball Stars 2 on Wii VC.
Outspoken developer's tenure abruptly ends following controversial comments about Area 51 in Canada.
Midway Austin creative director highlights his Area 51 sequel's shortcomings in game conference presentation.
The week many Wii owners have been waiting for is finally here!
Trio of games headlines crowded week alongside Kane & Lynch, new entries for Need for Speed, Area 51, WWE SmackDown, Rayman Raving Rabbids.
Midway stops by to present the action-packed demo and answer questions submitted by GameSpot editors and subscribers.
Midway's modern-day sci-fi shooter to hit Microsoft-powered platforms November 12; PS3 version still slated for December.
We take on the developers from Midway's Austin studio at their own game.
Development issues cost Sony a major holiday console exclusive, though Epic says it is trying to finish the title by year's end; Midway announces new fighter, Blitz game.
We blast through two new BlackSite levels at the Leipzig Games Convention.
Publisher cuts shortfall to $14.3 million on heels of Wii Mortal Kombat and Lord of the Rings Online launches; sci-fi shooter pushed to November 5, Vin Diesel vehicle now due ...
Imagine Ghost Recon mixed with Resident Evil-like aliens and you've got the makings for this upcoming first-person shooter.
Microsoft's Bringing It Home campaign concludes on day three of trade show; GHII tracks, game demos highlight week's offerings.
Midway talks Unreal Tournament III PS3/PC exclusivity, BlackSite: Area 51 and Ultimate Mortal Kombat also on display.
The CEO talks about the event's new format, its future, and ponders whether the US even needs a game trade show anymore.
We check out the latest work-in-progress version of this alien-infested shooter.
We play through the recently released downloadable demo of this squad-based shooter.
David Jaffe's first downloadable effort arrives, Midway offers an alien shooter demo, Xbox 360 racer goes gold, Monster Madness is delayed, and Bungie's shooter hits a milestone.
Holdover sales help publisher trim January-March losses to $19.8 million; Stranglehold "expected in August," BlackSite: Area 51 demo coming.
Grant Morrison tapped to bring Midway's xenophobic shooter series to the silver screen.
Midway Austin creative director talks about in-game avatars, the "subversive politics" behind the upcoming shooter BlackSite, and messages in games.
At its 2007 Gamers' Day, the publisher holds up Stranglehold, Unreal Tournament III, and Blacksite: Area 51 as the fruits of its massive investment in new technology.
Forget the little green men. BlackSite: Area 51 is much more serious than all that.
Last console installment of arcade-inspired series will arrive on the PC, Xbox 360, and PlayStation 3 soon; new screens and trailer inside.
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