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Court Approves Sale of Midway Games to Warner Bros
Xenos
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POSTED Friday , July 03, 2009 07:40:51 PM Delete post? (Moderator ONLY)
http://www.mortalkombaton
line.com/

After months of speculation and legal maneuverings, the sale of Mortal Kombat developer/publisher Midway Games is finally going through. Within the past day, the court overseeing the Chapter 11 bankruptcy of Midway noted that there were no other bidders for Midway's assets, so the only bidder for the company was Warner Bros.. In addition, all objections to the sale (including Threshold's question over IP rights and Vin Diesel's Tigon Entertainment questions about owed payments) were resolved, clearing the way for Warner Bros. to purchase the company. From the Chicago Tribune article:

Warner Bros. had submitted a $33 million bid to buy "substantially all" the assets of Chicago-based Midway. If there had been other bids, the court would have supervised an auction. But no other parties submitted competing bids, Midway stated in a Tuesday court filing.

...

The judge said Wednesday that the objections to the Warner Bros. deal were resolved, clearing the way for the approval.

Midway's creditors and Thomas agreed in early June to give Thomas a $5 million payment. He bought media magnate Sumner Redstone's 87 percent stake in the video-game manufacturer for $100,000 last year and also assumed $70 million in Midway debt originally owed to National Amusements, Redstone's movie theater chain.

Thomas' secured claim in the Midway bankruptcy was $30 million. He also had a $40 million unsecured claim that is eliminated as part of the settlement.

The only real word on the opinion of the MK developers regarding this development is something Ed Boon said on his Twitter to TRMK's Patrick McCarron: "looking forward to the focus being on the games, making them better and less on the noise surrounding us."

With this development in place, it seems Midway's financial future seems to be more secure. We'll report more as we learn it.

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Lord Sesuken
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Hmm, I'll reserve my judgement until I see what MK for the PS3 looks like.

"I seek faith in the unfaithful just as you seek peace and atonement in a war-torn world."

"The common wit is not fair to middling."

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matacron
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Hmmm ...

I don't really care who OWNS a property, just what they DO with it.

I haven't played a MK game since the PS compilation. I haven't actually been GOOD at one since MK3 for the SNES, although I'm extremely tempted to see what the MK vs. DC looks like.



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Lord Sesuken
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matacron said:

Hmmm ...

I don't really care who OWNS a property, just what they DO with it.

I haven't played a MK game since the PS compilation. I haven't actually been GOOD at one since MK3 for the SNES, although I'm extremely tempted to see what the MK vs. DC looks like.


Deception rules!

"I seek faith in the unfaithful just as you seek peace and atonement in a war-torn world."

"The common wit is not fair to middling."

"Laugh at me all you want, one day you'll all be kissing my feet."

"Young age is no excuse for poor taste."

"To be a prep is to be blissfully unaware of one's own mediocrity."

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Bojack
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REPLIED Saturday, July 04, 2009 12:11:28 AM Delete post? (Moderator ONLY)
Most MK fans thought it was a terrible idea of doing MK vs DC mainly because they weakened MK but since the game has sold almost 1 million copies on each platform i'd say their customers are fine with it so you can probably expect the sequel next year sometime.


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Batman's take on MK vs DC
http://www.youtube.com/wa
tch?v=ks8PZ8X6Yo8

Have you guys seen this?LOL



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matacron
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Lord Sesuken said:

matacron said:

Hmmm ...

I don't really care who OWNS a property, just what they DO with it.

I haven't played a MK game since the PS compilation. I haven't actually been GOOD at one since MK3 for the SNES, although I'm extremely tempted to see what the MK vs. DC looks like.


Deception rules!


Then I'll definitely have to check it out sometime, although I'm far more interested in playing MK vs. DC.

I've really got to know how they make a lot of these fights so that they aren't one-sided.



What good is being the best if it brings out the worst in you?

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matacron said:



I've really got to know how they make a lot of these fights so that they aren't one-sided.
Well in Superman's case its the presance of magic that weakens him.

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Xenos said:

matacron said:



I've really got to know how they make a lot of these fights so that they aren't one-sided.
Well in Superman's case its the presance of magic that weakens him.


Which of course is cannon and has been one of his weaknesses for years now. So it's not like they just made it up, it was just a happy coincidence. I've liked all of the new Mks for the consoles to be honest. From Deadly Alliance up to MK Vs DC. Even Shaolin Monks was a pretty good Co-Op brawler.

"At last, we shall have our revenge". Darth Maul


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Best quote from Red Vs Blue:

Doc: I'm a pacifist.

Caboose: Your a thing that babies suck on....

Tucker: No dude, you mean a pedophile.

Church: Tucker, I think he means a pacifier.

Tucker: Oh...yeah....right....man my mind was totally somewhere else.

Church:.....that's real classy Tucker.....
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Lord Sesuken
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Maverick Hunter said:

Xenos said:

matacron said:



I've really got to know how they make a lot of these fights so that they aren't one-sided.
Well in Superman's case its the presance of magic that weakens him.


Which of course is cannon and has been one of his weaknesses for years now. So it's not like they just made it up, it was just a happy coincidence. I've liked all of the new Mks for the consoles to be honest. From Deadly Alliance up to MK Vs DC. Even Shaolin Monks was a pretty good Co-Op brawler.


Agreed and being able to play as EVERYONE in Armageddon was a welcome addition.

"I seek faith in the unfaithful just as you seek peace and atonement in a war-torn world."

"The common wit is not fair to middling."

"Laugh at me all you want, one day you'll all be kissing my feet."

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I liked MK Vs DC quite a bit actually....Now what id like to see is an updated form of Capcom Vs Marvel...i own the classics for the PSOne, but want something for the Xbox 360!!

Rhino Of the CD Spidey Club!

Hal Jordan Of The CD Green Lantern Corps!

Clark Kent of the CD Smallville Club!

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Lord Sesuken said:



Agreed and being able to play as EVERYONE in Armageddon was a welcome addition.
Yeah but for me the create a fighter was the coolest even if it was abit limited. But they screwd up big time with that create a Fatality thing.

I loved Shaolin Monks but i had no one to play it with.

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Almost_Human said:

I liked MK Vs DC quite a bit actually....Now what id like to see is an updated form of Capcom Vs Marvel...i own the classics for the PSOne, but want something for the Xbox 360!!

http://xbox360.ign.com/ob
jects/142/14269805.html

Not exactly what you ment but oh well.

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matacron
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To hell with Capcom vs. Marvel. I want them to make a DC VS. MARVEL game. The comics have always been awesome. I KNOW that a video game would rock.

(Btw, I don't actually think Capcom vs. Marvel sucked. I own and love that game.)



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Xenos
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matacron said:

To hell with Capcom vs. Marvel. I want them to make a DC VS. MARVEL game. The comics have always been awesome. I KNOW that a video game would rock.

(Btw, I don't actually think Capcom vs. Marvel sucked. I own and love that game.)
Yes that'd be awsome and so would a MK vs SF or a MK vs KI.

Hey what if it was a 3 way battle? Marvel vs DC vs Image or 4 way and add Top Cow to the list or Dark Horse.

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Lord Sesuken
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Xenos said:

Lord Sesuken said:



Agreed and being able to play as EVERYONE in Armageddon was a welcome addition.
Yeah but for me the create a fighter was the coolest even if it was abit limited. But they screwd up big time with that create a Fatality thing.

I loved Shaolin Monks but i had no one to play it with.


I don't know, if you memorize the button sequences well, you can create some pretty cool stuff with Kreate-A-Fatality. Besides, what would have been the alternative? 63 different fatalities? I think being able to choose how you rip your opponent apart was a pretty good stress reliever.

"I seek faith in the unfaithful just as you seek peace and atonement in a war-torn world."

"The common wit is not fair to middling."

"Laugh at me all you want, one day you'll all be kissing my feet."

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"To be a prep is to be blissfully unaware of one's own mediocrity."

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matacron
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Xenos said:

matacron said:

To hell with Capcom vs. Marvel. I want them to make a DC VS. MARVEL game. The comics have always been awesome. I KNOW that a video game would rock.

(Btw, I don't actually think Capcom vs. Marvel sucked. I own and love that game.)
Yes that'd be awsome and so would a MK vs SF or a MK vs KI.

Hey what if it was a 3 way battle? Marvel vs DC vs Image or 4 way and add Top Cow to the list or Dark Horse.


I'm not sure how well a MK vs. Image would do.

Although the Image Universe certainly IS closer to MK than DC or Marvel, with the exception of Spawn, most of Image has gone away. I don't really think I've seen much coming out of Image comics since the '80s pop culture revitalization died out again about six years ago.



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Xenos
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http://en.wikipedia.org/w
iki/Image_Comics

Image being cut up into diffrent studios like that could be a problem to.

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I just hope that MK gets back on track. DA and Deception were awesome and I loved the roster in Armageddon; but the gameplay and fatalities just felt watered down in Armageddon with the generic create a fatalities that caused characters to lose that individual touch, and the 1 fighting style which I missed being able to swap.

MKvsDC was an abomination. It should have been done as a comic series and left at that. Klose Kombat and the fall fighting were interesting the first few times but were too gimmicky and lost appeal fast as well as interrupting the flow of gameplay; and the characters.... while some of the DC characters fighting styles suited the game, the characters themselves (with the exception of Batman, and strangely enough Lex Luthor) did NOT belong anywhere near the MK roster. It was an interesting but failed experiment and I hope they leave it at that.

MK Shaolin Monks was actually a pretty decent brawler and was a refreshing change from the previous spin-off attempts (Mythologies or Special Forces anyone?) and I wouldn't mind seeing another game take a stab at this.

I find your lack of faith disturbing.

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If they do a mortal kombat movie they need to reboot it. Start with a clean slate and not worry about making it a "video game movie" and make it a "mythology" movie also don't try to put everything into the first movie. Make a good first movie to set up the mythology and add more as it fits the progression of the story and not force anything that doesn't just because it's part of mortal kombat.

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Darth Ravenous said:

If they do a mortal kombat movie they need to reboot it. Start with a clean slate and not worry about making it a "video game movie" and make it a "mythology" movie also don't try to put everything into the first movie. Make a good first movie to set up the mythology and add more as it fits the progression of the story and not force anything that doesn't just because it's part of mortal kombat.


It was that type of crap that resulted in the second one. I hope they take your advice and do it decently but unfortunately I'm not holding my breath.

I find your lack of faith disturbing.

Your momma's so fat that Ben Kenobi said, "That's no moon, that's yo momma!" - Emperor Palpatine (Robot Chicken)


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Xenos
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Ohh man this does not sound good!


Warners has not revealed what plans they have in store for potential film development of the properties, though they did not purchase the company's two development studios which would indicate they've little interest in continuing on the company's game franchises.
http://www.darkhorizons.c
om/news/14553/warners-buy
s-midway-games-rights


Tough the movie thing is promising. We may not only finally get another MK movie but possibly movies of Midways othergames. Like The Suffering, now that make one great horror flick if done right.

But this could be the end for the MK and other games series.

opps sorry, Ed and crew are still working on the next game but whos knows what'll happen after that. But atleast he said there wont be any Superheros in the next game and the fatalities are supposed to be blodier than ever.

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Xenos
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Oh ok i jupmed to conclusion there. Midway has 4 studios and they only bougt 2 of em.
http://en.wikipedia.org/w
iki/Midway_Games#Studios

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