Midway suffers Fatality at the hands of the economy

Randall Hand 17 years ago Comments Off 365

Bloomberg is reporting that Midway Games has filed for Bankruptcy protection.

Feb. 12 Bloomberg — Midway Games Inc., the creator of the Mortal Kombat video-game series, sought bankruptcy protection from creditors, saying a change in ownership accelerated buyback requirements.
The company listed assets of $167.5 million and debt of $281 million as of Sept. 30 in Chapter 11 documents filed today in U.S. Bankruptcy Court in Wilmington, Delaware. Nine affiliates also sought protection.

I knew Mortal Kombat vs DC Comics was a bad idea..

via Bloomberg.com: News.

Randall Hand

Randall Hand is a computer graphics programmer and news junky that's been working in the field for the last 15 years. He's responsible for visualizations generated on some of the most powerful supercomputers in the world, ytnef, mullion support in ParaView, and VizWorld.com.