Tag Archives: midway

Midway receives cash boost

Midway has received approval from the US Bankruptcy Court to use its cash collateral so it can continue to operate as usual. Midway asked the bankruptcy court for protection from its creditors last week, although the publisher’s non-US operations remain unaffected. The approval allows the firm to honour obligations such …

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Midway Inc. files for protection from creditors

Midway Games Inc. – the US arm of the global publisher – has asked the US Bankruptcy Court to protect it from creditors. The firm’s European and non-US operation remains unaffected by the decision. Midway In has filed for reorganisation under Chapter 11 with the Bankruptcy Court. In its filing, …

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Booty named Midway Chairman

Midway has announced the promotion of CEO and President Matt Booty to Chairman of the Board – as former boss Peter C Brown steps down. Booty will also retain his CEO and President titles. Booty has been president and CEO of the company since October 2008 but he served as …

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New Mortal Kombat confirmed

Midway has confirmed the next instalment in the Mortal Kombat series is already under development, after shipping 1.8 million copies of last year’s Motal Kombat Vs. DC Universe. Last year’s title was available on PS3 and Xbox 360, and featured popular characters from DC Universe, including Batman and Superman. It …

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Midway makes move to cut costs

Midway has unveiled a new cost reduction plan which will see it reduce its headcount by 25 per cent – which amounts to some 180 developers. The publisher will close its Austin, Texas studio and also see lay offs at its San Diego office. Click here to see the full …

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Midway: "GTA IV moved the bar"

The developer behind Midway’s The Wheelman has revealed it had to rework crucial aspects of the gameplay after GTA IV changed gamers’ expectation for open-world action titles. Speaking to VideoGamer.com, the game’s creative director Simon Woodroffe said: Our game was already quite different, but GTA IV moved the bar in …

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