Mortal Kombat vs. DC Universe News

  • Midway shareholder suit dismissed

    Despite suspicious timing of stock dump, judge finds no evidence executives' "puffery" deceived public to inflate share price of doomed publisher.

    • News -
    • Posted Oct 27, 2009 11:43 pm GMT

  • THQ buys Midway San Diego for $200K

    [UPDATE] Final Midway developer scooped up by WWE and UFC publisher; deal does not include TNA Impact! license; UK, French offices bought for €1 ($1.42)

    • News -
    • Posted Aug 11, 2009 10:52 pm GMT

  • Midway's Chicago HQ closing, final buyout price $49 million

    Sixty employees at publisher's offices laid off, but 100-plus Mortal Kombat dev team rehired by Warner Bros.; $69 million to $76 million in assets and development costs written off.

    • News -
    • Posted Jul 16, 2009 10:38 pm GMT

  • Midway Newcastle shuttered, Chicago layoffs 'imminent'

    [UPDATE] Following Warner Bros. buyout, publisher closes UK branch and is set to downsize its Chicago operations; San Diego studio looks likely to close on August 31.

    • News -
    • Posted Jul 14, 2009 9:36 pm GMT

  • Third Mortal Kombat movie filming in September - Report

    Last month, a bankruptcy court lawsuit provided Mortal Kombat movie fans with a glimmer of hope that the fighting franchise could hit theaters for the third time. The complaint, brought by original Mortal Kombat film producer Larry Kasanoff, mentioned that a third feature was in the works, with a...

    • Staff Blog -
    • Posted Jul 9, 2009 1:48 am GMT

  • MK vs. DC DLC nixed

    Series creator Ed Boon laments apparent death of downloadable characters for crossover fighter, releases teaser of what could have been.

    • News -
    • Posted Jul 8, 2009 6:55 pm GMT

  • Judge approves Midway sale to Warner Bros.

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

    • News -
    • Posted Jul 2, 2009 8:25 pm GMT

  • Mortal Kombat film producer sues Midway

    Larry Kasanoff asks bankruptcy court to affirm his company's rights to fighting franchise, claims copyright on dozens of series' most famous characters.

    • News -
    • Posted Jun 25, 2009 11:23 pm GMT

  • Ed Boon: Next Mortal Kombat aims for M-rating

    Fighting franchise creator's Twitter says newest installment leaves superheroes behind in favor of "sick" fatalities.

    • News -
    • Posted Jun 19, 2009 8:37 pm GMT

  • Midway sale approval expected next week

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

    • News -
    • Posted May 28, 2009 9:46 pm GMT

  • Midway gets $33 million Warner Bros. bid

    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.

    • News -
    • Posted May 21, 2009 5:06 pm GMT

  • Midway creditors sue old, new owners

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

    • News -
    • Posted May 13, 2009 7:44 pm GMT

  • Midway golden parachutes bronzed

    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.

    • News -
    • Posted Apr 16, 2009 10:56 pm GMT

  • Midway owner: Company's cash gone by June

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

    • News -
    • Posted Apr 10, 2009 3:41 am GMT

  • Mortal Kombat devs planning Midway exodus?

    Source: Gaming blog Kotaku.What we heard: Midway is in dire financial straits, having filed for Chapter 11 bankruptcy in February because creditors had called in $240 million in debt. One way the publisher hopes to overcome its indebtedness is through the controversial sale of its assets and gaming...

    • Staff Blog -
    • Posted Apr 6, 2009 7:53 pm GMT

  • Report: Midway bonuses draw flak from feds

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

    • News -
    • Posted Mar 31, 2009 6:02 pm GMT

  • Redstone, ex-Midway exec subpoenaed

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

    • News -
    • Posted Mar 5, 2009 10:18 pm GMT

  • Midway 'hemorrhaging cash,' Boon getting $1M bonus?

    Bankruptcy-court objection predicts publisher will burn through 75 percent of cash reserves by early May; Variety reports company struggling to retain Mortal Kombat cocreator.

    • News -
    • Posted Mar 3, 2009 11:00 pm GMT

  • Midway mulling Mortal Kombat sale

    Chicago-based publisher's employee-incentive plan lists selling off flagship fighting IP as "milestone"; reps downplay option as "just one possible scenario."

    • News -
    • Posted Mar 2, 2009 10:31 pm GMT

  • Court OKs Midway operations, NYSE delists stock

    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.

    • News -
    • Posted Feb 18, 2009 1:31 am GMT
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