Midway Games issued a press release today announcing their revenues for the first quarter of 2005. The final results were revenues of $13.8 million dollars, with a net loss of $15.9 million. On the other hand, while Midway posted a loss, the results were better than had been expected. From the press release:

"The first quarter revenue is in line with our guidance and the reported net loss was better than what we projected. Most importantly, we made further progress during the quarter toward increasing the strength of our product pipeline. The recently executed publishing agreements with Warner Bros. Interactive Entertainment for animated film and Cartoon Network properties add high profile licensed content to our portfolio and provide a solid foundation from which to build our new family-friendly line of games," commented David F. Zucker, president and chief executive officer.

In addition, the press release makes mention of upcoming projects and expected revenues for the rest of the year.

For the year ending December 31, 2005, Midway continues to expect net revenues of approximately $225.0 million, representing an approximate 40% increase over 2004 revenue levels. The Company expects major releases for the second half of the year to include: LA Rush, Mortal Kombat Shaolin Monks, The Suffering: Ties That Bind, Gauntlet: Seven Sorrows, Ed,Edd 'n Eddy: The Mis-Edventures and Blitz: The League. The Company now expects a net loss of approximately $47.0 million for the year ending December 31, 2005, an increase from the Company'™s prior expectation of a net loss of approximately $38.0 million.

To read the press release in its entirety, click here. (Adobe Acrobat Reader is required to view the release.)

Check out all the great assets that have been released for Mortal Kombat: Shaolin Monks!

• MK : Shaolin Monks Box Art (front) (via GameSpot)
• MK: Shaolin Monks Logo
• MK: Shaolin Monks Teaser Image

 

 

 

 

 

 

 

 

Thanks to MK Online forum/chat member DECEPTION for the word on the new box art!

Our thanks to the folks at Jazwares, Inc. for granting this interview about their upcoming line of Mortal Kombat: Deception action figures! First, enjoy some pictures of the trip: Please note that some of the Mortal Kombat figures on the desk were from a previous line of MK action figures (given to Jazwares for reference).

To listen to the interview in its entirety, click here for the MP3. And thanks to the man who needs no introduction, Bezou, for his help with the audio compression and editing of the interview!

Additionally, you can read a transcript of the entire interview here. Though we can also confirm the existence of a Goro figure at some point, as well Noob-Smoke (possibly as a 2-pack!)

Update – May 5 – Jazwares has supplied us with some teaser images which we can show you. Check out Raiden's hat, Baraka's leg, Scorpion's arm, and Sub-Zero's waist and arm!

The newsstand version of the latest issue of PSM magazine (Issue 97, May 2005) comes with a free DVD which features (among other things) an awesome trailer for Mortal Kombat: Shaolin Monks! Though its nothing we haven't seen before, it really reinforces the "coolness" of this game to see Liu Kang and Kung Lao fighting against characters who have always existed in the MK universe, but never been interactive before – such as Shang Tsung's island guards, the Shadow Priests, and the trees from the Living Forest.

Also included on this disc are some Smart Bomb comics available as a PSP download (sure to include their Mortal Kombat comics) as well some special features from the Elektra movie, sure to interest Mortal Kombat fans because of the appearance of Cary Hiroyuki-Tagawa (who played the villain Shang Tsung in the original Mortal Kombat movie). See the pics and screens below: Don't forget, a lot more on this game coming up in the next couple weeks as MK Online attends E3 2005!

Mortal Kombat: Deception captivated an audience of thousands of gamers in 2004 when it was released on the Microsoft Xbox and Sony Playstation 2. Featuring various new modes and online play, it quickly became the best selling game in Midway's history and has won the prestigious honor of Best Fighting Game of 2004. Earlier this year thanks to high fan demand, it was released on the Nintendo Gamecube with exclusive boss characters. The game's success continues to grow as Midway Games plans to announce that it will be ported to the Sony PSP later this year. However, Mortal Kombat: Deception is only the beginning of a continued release of Mortal Kombat titles in 2005.

Led by the creative minds of Ed Boon, Shaun Himmerick, and Midway Los Angeles, this Fall Mortal Kombat fans will experience a vast departure from the traditional fighting genre as they tackle the first action adventure game in the series since 2000! The game is Mortal Kombat: Shaolin Monks - a title that will let players revisit the nostalgic era of Mortal Kombat II, centering around the characters Liu Kang and Kung Lao. Offering interactive backgrounds, co-operative play, and the expected mix of bloody fatalities, MK: Shaolin Monks is expected to be one of the most innovative Mortal Kombat titles to date.

Fortunately, we're going to be able to get our first hands on experience with this title. Mortal Kombat Online is proud yet once again to announce our fourth trip to Los Angeles, California to report LIVE from the Electronic Entertainment Expo! Join fellow staff members Scott Howell, CCShadow, D'Arque Bishop, ]{0MBAT, and Mobster4Christ as we hit the road and cover Mortal Kombat: Shaolin Monks live from the show floor on May 18-20th! Be prepared for our first impressions, exclusive screenshots, game videos, and maybe a few surprises in between.

Also, we're announcing the return of our Fan Interview that has become a favorite among our users! From now until May 13th at 11:59 PM EST, we invite all registered users to fill out our submission form to have a chance to get your questions asked to Ed Boon and producer Shaun Himmerick! Ten winning submissions will be picked and used in the interview itself! Check the fan interview page for further details on how to enter. With that, we ask that you check out our E3 Coverage Section to witness all of our past trips and media that was included.

Don't miss out, our coverage beings on Wednesday, May 18th!