Midway's money troubles worsen, time running out to repay debt

"An integral part of the video game industry in the 80s and 90s, the arcade-focused Midway Games has struggled mightily to transition to a gaming world ruled by home consoles such as the Xbox, PlayStation, and Wii." Not really doing anything for Wii owners and I am glad they are in such a desperate situation. Focus on the wrong console and this is what you get.. I bet they wish they had paid more attention to the cheaper one to develop for then throwing it all away on crappy HD content. Sorry but when you refuse to support the number 1 console closure is what you get and deserve. Now I am not speaking of second party companies so you fanboys try to keep that in mind with your mindless repsonses

Don't worry Midway, I'll be purchasing MK vs. DCU soon!!!

Its really a shame that the arcade scene isn't doing so well. Some of my favorite Midway games are Hydro Thunder, Mortal Kombat, Blitz, Galaga, NBA Jam and Unreal Tournament 3

I really hope Midway survives

VoiceOfReason wrote:

"An integral part of the video game industry in the 80s and 90s, the arcade-focused Midway Games has struggled mightily to transition to a gaming world ruled by home consoles such as the Xbox, PlayStation, and Wii." Not really doing anything for Wii owners and I am glad they are in such a desperate situation. Focus on the wrong console and this is what you get.. I bet they wish they had paid more attention to the cheaper one to develop for then throwing it all away on crappy HD content. Sorry but when you refuse to support the number 1 console closure is what you get and deserve. Now I am not speaking of second party companies so you fanboys try to keep that in mind with your mindless repsonses

Hey everybody voiceofreason is here with some insight......YAWNNNNNNN!!!!!!!!!!

I do believe that Mortal Kombat could find a new home... if they make much needed improvements. Armageddon was a step in the right direction. MK vs. DC is a good game, but it suffers from it's lack of legitimate Fatalities, which are a staple in MK's history. I understand why DC wouldn't allow the use of extremely violent fatalities. It wouldn't bode well to see American heroes like Superman or Batman have their heart or spinal cord ripped out. This is why the next Mortal Kombat game should be just that, a Mortal Kombat only game. Get back to the basics. Star over on the story and revitalize it with a more serious tone.

VoiceOfReason wrote:

"An integral part of the video game industry in the 80s and 90s, the arcade-focused Midway Games has struggled mightily to transition to a gaming world ruled by home consoles such as the Xbox, PlayStation, and Wii." Not really doing anything for Wii owners and I am glad they are in such a desperate situation. Focus on the wrong console and this is what you get.. I bet they wish they had paid more attention to the cheaper one to develop for then throwing it all away on crappy HD content. Sorry but when you refuse to support the number 1 console closure is what you get and deserve. Now I am not speaking of second party companies so you fanboys try to keep that in mind with your mindless repsonses

Wii is trash only games doin well is Mario games & watever else first party from Nintendo, everyone else games ain't doin shit, so making games for the over hyped Wii machine wouldn't make no difference

I would hate to see Midway go I (like everyone else) grew up playing Mortal Kombat and I really like Midway so I hope they pull through.

htown4life wrote:

VoiceOfReason wrote:

"An integral part of the video game industry in the 80s and 90s, the arcade-focused Midway Games has struggled mightily to transition to a gaming world ruled by home consoles such as the Xbox, PlayStation, and Wii." Not really doing anything for Wii owners and I am glad they are in such a desperate situation. Focus on the wrong console and this is what you get.. I bet they wish they had paid more attention to the cheaper one to develop for then throwing it all away on crappy HD content. Sorry but when you refuse to support the number 1 console closure is what you get and deserve. Now I am not speaking of second party companies so you fanboys try to keep that in mind with your mindless repsonses

Wii is trash only games doin well is Mario games & watever else first party from Nintendo, everyone else games ain't doin shit, so making games for the over hyped Wii machine wouldn't make no difference

That's because most of the good games on the Wii are made by Nintendo.. and third parties haven't been able to match Nintendo's quality in terms of software, so they flounder on the system. It's best for third parties to play it safe on the other systems than put some effort into making a decent Wii game, unfortunately that's only going to work for so much longer as the PS3 continues to lose money and 360 drifts further and further away sales wise.

Gee,
Now it seems like this recession(sic!) is finally hitting the game industry I hope Midway will pull its way through. Maybe they should ask congress for a bailout? hell why not everyone's doing it. lol

I believe that midway will fall, it will be an upsetting day but im sure someone will buy the licenses to our favorite series.

Making matters worse is that Sumner Redstone, Midway's largest shareholder, just sold off his 87% stake in the company for a mere $100,000 (plus $70 million in debt) with no advance warning to Midway.

Ohhhhhhh, they're fucked.