From all of us at MK5.org - Merry Christmas!
Midway Games Inc., best known for its "Mortal Kombat" series of fighting games, is battling for its own survival and is shopping itself to other video game publishers, sources said Friday.
Industry executives familiar with the situation said Midway had approached at least two firms about a possible deal.
But whether a merger or an acquisition will transpire is far from clear. Companies such as Santa Monica-based Activision Inc. and Redwood City, Calif.-based Electronic Arts Inc. are among the healthiest of the game publishers, but sources said neither was interested in buying Midway.
Midway executives didn't return calls seeking comment.
The Chicago-based firm is scheduled to give guidance on its quarterly results Monday.
After 12 consecutive quarterly losses, Midway faces a crucial holiday season. Even with strong sales of its "Mortal Kombat: Deadly Alliance," analysts are speculating about how long the company can survive as an independent entity.
To read the entire article click here. Thanks goes out to MK5.org member JPFan for the tip.
A transcript of the event is now available here.
The chat will be a moderated event; users will send in their questions to a specific channel operator or other location (to be announced at chat time), and we will pick the best ones to post onto the channel for the team to answer. The chat should last for about an hour. We doubt we'll be able to get to everyone's questions, but we will try and pack in as many as we can tonight!
So, come join us tonight, and ask your questions... maybe YOURS will be the one asked! We look forward to seeing you all!
For more information on the #mortalkombat IRC Network and how to join in on the chat, click here.
MK5.ORG, in association with the #mortalkombat IRC Network, is proud to announce the return of FIGHT NIGHT, with your hosts Scott Howell and D'Arque Bishop! Fight Night will take place Friday, December 13th at 8 PM CST (2 AM GMT). Our guests will be members of the Mortal Kombat: Deadly Alliance development team!
More details will be forthcoming in the next few days, so keep an eye on this site for more information! We look forward to seeing you all on Friday the 13th!
More information about the #mortalkombat IRC Network, including information about how to reach it and a listing of our partner sites can be reached via our IRC portal page, located here.