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Midway files for Chapter 11 Bankruptcy
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| Cpt.Cocaine |
| Who else isn't surprised? |
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| miamitranceman |
| Not surprised but kinda sad anyway. |
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| CONNERMAN2000 |
I've always had a soft spot for Midway. Even though the company hasn't done much special recently (though I gotta admit, I'm absolutely loving MK vs. DC when playing against somebody that isn't the computer), back in the day, it was all about Hangtime, Showtime, and Blitz...all Midway creations.
Hopefully they get out of this funk they are in. |
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| miamitranceman |
| Don't forget KI and the Cruisin' series. Say what you will about them, but they were some of the most popular arcade games about a year or two before the N64 dropped. |
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| TheDemon |
| quote: | Originally posted by miamitranceman
Don't forget KI and the Cruisin' series. Say what you will about them, but they were some of the most popular arcade games about a year or two before the N64 dropped. |
KI is still awesome. but sad for Midway, hopefully they can get out of this. |
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| CONNERMAN2000 |
| quote: | Originally posted by miamitranceman
Don't forget KI and the Cruisin' series. Say what you will about them, but they were some of the most popular arcade games about a year or two before the N64 dropped. |
As a kid, I seriously thought Cruisin' USA in the arcades was the best game ever. I loved the N64 version as well, but of course, the arcades always did it better.
They REALLY need to bring Killer Instinct back. I'm betting it would be received really well. |
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| KiNeTiC ENeRgY |
| Karnov for NES, 1942, 1943 :( :( |
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| biznology |
Killer Instinct was made by RARE, who also hasnt made much new/groundbreaking in years.
Midway just published it. Midway's games were generally just arcade ports to consoles, like Rush (which was pretty cool too)| |
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| CONNERMAN2000 |
| Ahh yes, my bad, KI was a Rare property. So if we see it again, it'll be on the 360. |
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| miamitranceman |
| quote: | Originally posted by biznology
Killer Instinct was made by RARE, who also hasnt made much new/groundbreaking in years.
Midway just published it. Midway's games were generally just arcade ports to consoles, like Rush (which was pretty cool too)| |
That's true.
Good call on Rush...another gem. |
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| TheDemon |
| quote: | Here is a List of Bankrupt Midway's Creditors Revealed:
Following yesterday's announcement of a bankruptcy filling, GamePolitics has obtained the list of Midway's top 30 creditors. In plain English: the companies Midway owes money to.
* Wells Fargo Bank - $150,000,000
* Acquisition Holdings Subsidiary - $40,000,000 unsecured loan (Thomas is the mystery man who purchased Midway late in 2008)
* National Amusements, Inc. - $20,147,864
* NBA Properties, Inc. - $17,294,849 (License/royalty settlement)
* Tangible Media, Inc. - $8,675,954
* Warner Bros. Interactive - $6,654,203
* Artificial Mind & Movement - $2,000,000
* Epic Games - $1,975,000 (License/Royalties)
* Walmart - $1,576,035
* Far Sight Technologies - $1,279,151
* Best Buy - $1,114,036
* Target - $934,156
* Technicolor Video Services - $637,769
* Toys R Us - $615,276
* Ditan/Synergex Canada - $578,316
* CBS Outernet - $314,600
* David Zucker - $300,000 (severance pay)
* Multi Packaging Solutions - $287,036
* A.A.F.E.S Headquarters - $276,314
* Kmart - $218,497
* Tigon Studios - $200,000(license/royalties)
* Hollywood Entertainment - $190,982
* TNA Entertainment - $160,000 (license/royalties)
* Professional Films, Inc. - $150,000
* Synergex - Latin America - $149,027
* Pioneer.JB Marketing - $133,353
* Eclipse Advertising - $132,687
* GameStop - $127,250
* Sear, Roebuck - $125,495
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Source: http://news.teamxbox.com/xbox/18885...itors-Revealed/ |
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