Midway posts $76 million quarterly loss
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posted11/13/2008 12:48 AM (UTC)by
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atticus
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12/16/2004 11:19 PM (UTC)
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Deathbearer
11/11/2008 05:59 PM (UTC)
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I wonder if Boon's cracking under the pressure yet.
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scorpion1013
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SCORPION IS KICK ASS!!!!!!

11/11/2008 06:24 PM (UTC)
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I hope to god midway doesn't go bankrupt.
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JohnBoyAdvance
11/11/2008 06:27 PM (UTC)
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Deathbearer Wrote:
I wonder if Boon's cracking under the pressure yet.


Why would he be? The game went gold a while ago and he seems to have done a good job promoting the game without stupidly expensive TV/Magazine print ads.

Besides, it wouldn't be his fault if Midway goes down the crapper.
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oracle
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11/11/2008 06:37 PM (UTC)
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yeah mortal kombat hasn't been an like any REAL financial trouble in a long long time right?

doesn't MK pretty much by itself keep midway afloat?
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Deathbearer
11/11/2008 06:43 PM (UTC)
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JohnBoyAdvance Wrote:
Deathbearer Wrote:
I wonder if Boon's cracking under the pressure yet.


Why would he be? The game went gold a while ago and he seems to have done a good job promoting the game without stupidly expensive TV/Magazine print ads.

Besides, it wouldn't be his fault if Midway goes down the crapper.

Yeah but the CEO has to be breathing down his neck for the game to be good. I bet at like every turn "Hope that game's good Boon." or "Hey Boon you think your game's good enough to save us?" And Boon is like "It's going to be the best MK-DC Hybrid event ever!!!!"
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joker2638
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MK9?

11/11/2008 06:49 PM (UTC)
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lol i bet its that crappy tna game thats doing it right now they promoted the fuck outa of it and sales are so bad right now it makes me laugh

and if midway gose under someone will buy mk and probbly bring ed boon and most the mk team as well so no real worrysgrin
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Detox
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11/11/2008 07:34 PM (UTC)
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joker2638 Wrote:
lol i bet its that crappy tna game thats doing it right now they promoted the fuck outa of it and sales are so bad right now it makes me laugh

and if midway gose under someone will buy mk and probbly bring ed boon and most the mk team as well so no real worrysgrin


eh. Not really. The TNA game did underperform. But it was Midway's decision to get rid of liscences that were underperforming/didn't fit with their new business model. Trimming the fat if you will. This action (in theory) is supposed to help out in the long run.
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Garlador
11/11/2008 07:41 PM (UTC)
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Midway's last hope is for a game hardcore MK fans loathe and DC fans don't care about?

Nice knowing you Midway. Stranglehold wasn't half bad.
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Mewzard
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11/11/2008 07:52 PM (UTC)
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Adds have been run in DC comics this week. I saw freaking 6 pages used in one comic, which made me upset, because, even though I have the Kollector's Edition preordered, I'm struggling to find a way to get the money for the system to play it on...*wouldn't miss out on the extras either way* But, there are several hardcore MK fans (Me, for one *played MK games since early elementary school*), and even DC fans (I've had a few posts get positive attention on comic forums related to DC). I believe that this will at least give Midway some breathing time.
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Garlador
11/11/2008 08:02 PM (UTC)
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Yeah, I have no doubts the game will sell through the roof. It's got BATMAN in it! If that's not a liscense to print money, I don't know what is.
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cgaddict
11/11/2008 08:17 PM (UTC)
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Garlador Wrote:
Midway's last hope is for a game hardcore MK fans loathe and DC fans don't care about?


Speak for yourself. I consider myself a hardcore MK fan, and although I absolutely hated the idea of a crossover game at first, I'm pretty much sold now. The graphics and gameplay look ridiculously good, and that's more than enough for me.

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Trini_Bwoi
11/11/2008 08:35 PM (UTC)
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Silly Gamespot forgot to report their net revenues...

Net revenue = $51.4 million
Net loss = $75.9 million
Net profit = Negative 25.4 million

So, MKvsDC only has to make 25.4 million dollars...

Now, Deadly Alliance sold around 2.6 million copies...
2.6 million x 60 bucks each = 156 million dollars...

We're good grin
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Kessen8
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11/11/2008 08:38 PM (UTC)
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cgaddict Wrote:
Garlador Wrote:
Midway's last hope is for a game hardcore MK fans loathe and DC fans don't care about?


Speak for yourself. I consider myself a hardcore MK fan, and although I absolutely hated the idea of a crossover game at first, I'm pretty much sold now. The graphics and gameplay look ridiculously good, and that's more than enough for me.




Good to know there are still real MK fans out there
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WarriorPrincess
11/11/2008 08:45 PM (UTC)
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Kessen8 Wrote:
Good to know there are still real MK fans out there


No such thing as a Real MK fan. You're either a fan or you're not.
Just because someone doesn't care for MK vs DC doesn't make
he or she any less an MK fan that anyone else.
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mkdfan
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11/11/2008 08:49 PM (UTC)
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Trini_Bwoi Wrote:
Silly Gamespot forgot to report their net revenues...

Net revenue = $51.4 million
Net loss = $75.9 million
Net profit = Negative 25.4 million

So, MKvsDC only has to make 25.4 million dollars...

Now, Deadly Alliance sold around 2.6 million copies...
2.6 million x 60 bucks each = 156 million dollars...

We're good grin


Woo!
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ermac1314
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11/11/2008 08:54 PM (UTC)
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MK vs DC also had an ad in Mad Magazine this month too. I'm sure MK vs DC will do great in sales, and you don't need to like MK vs DC to be a true MK fan.
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ThePredator151
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11/11/2008 08:57 PM (UTC)
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Trini_Bwoi Wrote:
Silly Gamespot forgot to report their net revenues...

Net revenue = $51.4 million
Net loss = $75.9 million
Net profit = Negative 25.4 million

So, MKvsDC only has to make 25.4 million dollars...

Now, Deadly Alliance sold around 2.6 million copies...
2.6 million x 60 bucks each = 156 million dollars...

We're good grin


I was gonna say...

You know what though, I'd under estimate sales. Say 1 mill in sales...still recoups.

The more sucky part about it though, is that the cycle continues. I think though, that if this game does really well, the MkTeam might be able to breathe for a next game. Hm...I wonder if "just making it" guarantees another game under similar or worse conditions. Could mean that we see another game, but that they won't be able to pay for quality.

Btw, can we have the source for those numbers?

WarriorPrincess Wrote:
Kessen8 Wrote:
Good to know there are still real MK fans out there


No such thing as a Real MK fan. You're either a fan or you're not.
Just because someone doesn't care for MK vs DC doesn't make
he or she any less an MK fan that anyone else.


Yea.
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Aculeus
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11/11/2008 10:16 PM (UTC)
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WarriorPrincess Wrote:
No such thing as a Real MK fan. You're either a fan or you're not.
Just because someone doesn't care for MK vs DC doesn't make
he or she any less an MK fan that anyone else.


Well said.
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Deathbearer
11/11/2008 10:18 PM (UTC)
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WarriorPrincess Wrote:
Kessen8 Wrote:
Good to know there are still real MK fans out there


No such thing as a Real MK fan. You're either a fan or you're not.
Just because someone doesn't care for MK vs DC doesn't make
he or she any less an MK fan that anyone else.


I will love you forever for this statement. grin
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cgaddict
11/12/2008 12:53 AM (UTC)
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WarriorPrincess Wrote:
Kessen8 Wrote:
Good to know there are still real MK fans out there


No such thing as a Real MK fan. You're either a fan or you're not.
Just because someone doesn't care for MK vs DC doesn't make
he or she any less an MK fan that anyone else.


You said it^^

I've been a fan since MK1. Me liking this game doesn't make me less of a fan.
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outworld222
11/12/2008 01:12 AM (UTC)
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It is okay, we are all used to Midway loosing money at this point.

BTW, Midway makes other games than Mortal Kombat. Mortal Kombat is just one of their top sellers.
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scorpion1013
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SCORPION IS KICK ASS!!!!!!

11/12/2008 02:55 AM (UTC)
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Right now I'm not that worried because midway will be getting DC fans. There are alot of DC fans.
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Deathbearer
11/12/2008 02:59 AM (UTC)
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Why would the DC fans stay with MK after the DC characters aren't in it anymore? If they didn't care about MK's storyline before chances are they wont give a shit when MK9 comes around.
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evilekim
11/12/2008 04:43 AM (UTC)
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They should stop making those horriblre Blitz League games. MK one of the few good games put out by Midway. Midway used to be much better.
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