Gamertell

Cash-strapped Midway Games couldn’t fight the financial realities any longer, announcing on Thursday (Feb. 12, 2009) it is filing Chapter 11 bankruptcy. The move became a foregone conclusion when Sumner Redstone, who had kept the company afloat with his fortune, ran into financial trouble and had to sell his controlling… Continue Reading »

Fans of driving games, Vin Diesel movie buffs and Midway’s creditors are all eagerly anticipating the release of Wheelman, an open world driving game initially slated for a February 2009 release. Diesel lends his voice and likeness to the game’s main character, charged with a number of driving missions that… Continue Reading »

As we reported last month (December 2008), Midway Games is in dire financial straits. Creditors could have demanded payment this month (January 2009) but have instead opted to extend the payment deadline to February 19, 2009. Finances became even more of an issue for Midway when then majority shareholder Sumner… Continue Reading »

Upcoming game Wheelman seems like a take off of the Driver franchise with a couple of original additions. First is Diesel. Both his voice and his likeness will be used to bring the Burik to life, if he succeeds, that is. Backing up Vin Diesel to help Midway make the… Continue Reading »

Midway Games, like most other considerate E3 attendees, has announced a list of games which it will be displaying at the event. It looks like, this year, Midway is going a somewhat safe route when it comes to games, as it will be showing off new installments in its popular… Continue Reading »

Midway is plunging into a deep financial abyss, with its annual balance sheets being painted in red for the past eight years, last reporting an annual profit in 1999. The company is hoping to use a bit less red in 2008 by focusing more on big name and movie-based games.… Continue Reading »