The Xyco Posted February 12, 2009 Share Posted February 12, 2009 http://www.businessweek.com/ap/financialnews/D96A7RS80.htm Well lookee there. In this case it is not a liquidation, but nonetheless a bit telling of the times. Quote Link to comment Share on other sites More sharing options...
KyleJCrb Posted February 12, 2009 Share Posted February 12, 2009 Today is a pretty rough day for the game industry: NCSoft Brighton just had a big layoff (the second round in less than a year for them), and now Midway filing for bankruptcy. Kinda sucks. Quote Link to comment Share on other sites More sharing options...
Bahamut Posted February 12, 2009 Share Posted February 12, 2009 Not terribly surprising, after hearing about them having to come up with a big amount in order to even stay alive. Quote Link to comment Share on other sites More sharing options...
Flare4War Posted February 12, 2009 Share Posted February 12, 2009 We haven't seen much production from them lately. Yeah, not terribly surprising. Quote Link to comment Share on other sites More sharing options...
The Coop Posted February 12, 2009 Share Posted February 12, 2009 I was about to go and update my old thread with this. Guess Midway is finally getting close to the drain in their financial whirlpool. Quote Link to comment Share on other sites More sharing options...
Wintermute Posted February 12, 2009 Share Posted February 12, 2009 MK vs. DC Universe? Come on, they've been producing. And they're working on new titles right now too. I find this news rather distressing as I have a friend who works for Midway. Quote Link to comment Share on other sites More sharing options...
Avolii Posted February 12, 2009 Share Posted February 12, 2009 And there went my hopes for ever seeing another 2049 game. Well, sort of. I hope they can pull through. Seeing all these companies shrink and disappear is getting really disheartening. Quote Link to comment Share on other sites More sharing options...
Dyne Posted February 13, 2009 Share Posted February 13, 2009 They're only filing chapter 11 so they can reorganize. They're not dead yet. But after this, if they don't get themselves together, it'll be curtains for good. Quote Link to comment Share on other sites More sharing options...
Toadofsky Posted February 13, 2009 Share Posted February 13, 2009 Shame to see them go, but with this economic struggle, I can't see how many companies are really going to survive that well. Is this another form of the game crash of the 80's? Quote Link to comment Share on other sites More sharing options...
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