Wheelman News

Flat-rate PlayPack plan to launch on Jan. 15, 2011; will allow complete access to 40 games, including Prince of Persia, Tomb Raider, F.E.A.R. 2, and more.

Pitbull Syndicate cofounder Robert Troughton resurrects defunct development house in the form of Pitbull Studios; currently developing unannounced project.

Mortal Kombat maker cleared to emerge from bankruptcy thanks to $33 million acquisition offer.

Publisher's Newcastle shop announces crime-noir drama Necessary Force, as remaining time to find a buyer dwindles.

Bankrupt publisher says court hearing next week should clear the way for Warner Bros. acquisition; competing bids accepted through June 24.

Media giant offers to buy assets of bankrupt publisher, including Mortal Kombat and Wheelman; deal would not cover TNA license, San Diego and Newcastle studios.

Bankruptcy proceedings get uglier with allegations of improper conduct leveled at Sumner Redstone, Mark Thomas over $100,000 sale of controlling interest in publisher.

Bankruptcy court approves incentive plan that sees key employees reap reduced bonuses, but company first needs to survive or sell for at least $30 million.

Mark Thomas paints a bleak picture of his new acquisition for bankruptcy court; $30 million listed as highest bid for Mortal Kombat publisher.

Variety says Official Committee of Unsecured Creditors and the United States Trustee call bankruptcy milestone payouts "outrageous."

Rise of Nations, Frontline studio reps tell developers how to make their games more Hollywood-like without using cutscenes.

Impale, decapitate, and stab enemies on Nintendo's family-friendly platform this week.

Vin Diesel's latest, Warner Bros. film adaptation, and Nintendo critter collector join Legends of Wrestlemania, Stormrise, and new Final Fantasy Crystal Chronicles in stores this week.

Former majority shareholder Sumner Redstone and ex-chairwoman Shari Redstone court-ordered to answer questions about $100,000 mystery buyout.

Following rumors, Midway announces "strategic relationship" with French publisher to distribute road-action game on March 24 in US and March 27 in EU.

US bankruptcy court approves use of cash for continued operations; bondholders file formal objection over mystery buyer's dealings as New York market ceases trading shares of publisher.

Faced with $240 million debt deadline, the once-mighty Mortal Kombat maker files for Chapter 11 protection; Mortal Kombat vs. DC shipments near 2 million.

Midway delays long-awaited PS3, 360, PC driving game to "provide a more optimal launch timeframe"; demo hitting XBL, PSN beforehand.

Mortal Kombat publisher receives slight reprieve on $150 million in outstanding credit; new deadline set for February 12.

Mortal Kombat vs. DC Universe publisher now has until February 19 to pay back $75 million, in talks with remaining debt holders.