Warner Bros. sole bidder for Midway assets
Filed under: Biz
It’s looking like Warner Bros will be the sole bidder on some of Midway‘s assets as the once major game publisher sells itself off. The LA Times reports that no other publisher made bids to buy Midway’s properties. That means Warner Bros. will almost certainly buy two of Midway’s dev studios in Chicago and Seattle along with game IPs such as Mortal Kombat. Two more Midway teams in the UK and San Diego are not part of the Warner. Bros. offer of $33 million.
However the bankruptcy court will have to consider some creditor’s claims about the Midway sell-off. That includes Tigon Studios, the Vin Diesel-founder game company who claims Midway still owes them $200,000 for their work on Midway’s last game Wheelman.
Warner Bros. sole bidder for Midway assets originally appeared on Big Download Blog on Sat, 27 Jun 2009 17:00:00 EST. Please see our terms for use of feeds.
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