Tag Archives: midway

Midway execs found innocent

Five former high-profile executives from Midway have been found innocent of conspiracy to deceive the public about the health of the fallen company. District Court judge David H. Coar has in the past months been hearing various allegations from out-of-pocket shareholders, who claimed that certain Midway execs knowingly kept them …

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Tradewest Games brand resurrected by Spiess

MCV can reveal that the company formerly known at Midway Games Europe has been reborn following its management buyout – and is now trading under the resurrected Tradewest Games label. As we confirmed this morning, the MBO by former Midway Europe boss Martin Spiess is complete. And as part of …

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Midway Europe MBO: The deal is done

The MBO deal – which sees Midway’s European offices survive its parent firm’s bankruptcy – has been completed, MCV can reveal. Now, the industry is waiting to see what move former Midway EVP International Martin Spiess, the new owner of Midway UK and France, will do with the organisation. Over …

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Next Mortal Kombat to focus online

A job listing has revealed that Warner Bros. is planning to dominate online play with its first Mortal Kombat game. As spotted by fansite TRMK, the listing states the new recruit must help the firm ‘push the boundaries’ of online interaction, and make Mortal Kombat the ‘gold standard for network …

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Midway UK in ’50p MBO’

A new filing with the US’ Securities and Exchange Commission has revealed more details on the slow collapse of Midway – and shows that the UK office has been bought for what amounts to less than 50 pence. Midway’s managing director for Europe Martin Spiess has negotiated the bargain deal, …

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