Midway Games sold for 100K

Discussion in 'PC Gaming' started by Bateluer, Dec 1, 2008.

  1. Bateluer

    Bateluer Lifer

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    Dang, thats less than the price of a house. Course, it does come with 70 million in debt, but that could be turned around with a few decent titles.

     
  2. TehMac

    TehMac Diamond Member

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    Serves them right for making Stainless Steel Studios shut down, Rise and Fall would have been amazing if it hadn't been for them. Twats.
     
  3. Pelu

    Pelu Golden Member

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    arent those the ones who appear in Unreal Tournament III Logos????
     
  4. AmberClad

    AmberClad Diamond Member

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    Yep, I just checked both my UT3 and Unreal Anthology game cases -- Midway logos on both.
     
  5. shortylickens

    shortylickens No Lifer

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    I think the milking of Mortal Kombat long after it wasnt popular may have been a big factor.
    Dont get me wrong, people still like it. But not nearly as much as the SNES/Genesis days.
     
  6. ja1484

    ja1484 Platinum Member

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    Epic briefly had Midway as their PC publisher before jumping ship early this year (probably because they knew about Midway's troubles and didn't want to get caught in the maelstrom). I believe EA is now publishing their PC titles.
     
  7. Regs

    Regs Lifer

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    That's a lot of debt.
     
  8. Borealis7

    Borealis7 Platinum Member

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    he probably bought it (and took the 70$ mil debt onto himself) for tax purposes.
    if a company is worth 100-200K$ its not going to lift off anytime soon.
     
  9. cyphilis

    cyphilis Senior member

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    What amazes me, is how do you get that far in debt? Who was behind the wheel of that car wreck?
     
  10. WhipperSnapper

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    If EA with their awful DRM is publishing for Epic now then that kills any hope of an Unreal Tournament revival in the future (not that Epic has any desire to do what would be necessary to make that happen).
     
  11. ja1484

    ja1484 Platinum Member

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    Yeah I think Epic is more interested in developing other IPs right now, and it's hard to blame them. 10 years behind the wheel of a single franchise has to get old. It kind of reminds me of Bungie and the Halo games and that goddam death march they've been on over there for close to a decade.

    Gears of War is making a killing for Epic, and supposedly they have another new IP in development. I look forward to their future endeavors, as Gears was fun and GoW2 looks like a suitable follow up when it makes its way to PC.
     
  12. PhatoseAlpha

    PhatoseAlpha Platinum Member

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    Given how widespread use of the Unreal Engine is, it's almost suprising Epic still bothers to make games.
     
  13. ja1484

    ja1484 Platinum Member

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    Well, they gotta do *something* with their time between iterations.
     
  14. WhipperSnapper

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    What's sad is that they won't make a worthwhile sequel to the original Unreal Tournament. They have the ability to do it but not the desire.