List of Midway's Creditors...

Blacksaber

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Blacksaber on 14 February 2009

It's sad to see this I used to play MC all day long....T_T

Former something....

Epoch

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Epoch on 14 February 2009

disolitude said:

Epoch said:

Wow, how does a game publishing company manage to have $167.5 Million in ASSETS? All the company cars are Rolls and they have a few private jets?

167 mil is nothing out of the ordinary for a company like midway. Sega for example is 10 times worth that.

I guess I didnt realize just how big Midway is. I'm sure that figure includes cash and stock portfolios as well. Hard to believe they are over $100 million in debt though. Maybe they should ask for a bailout =P

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Tuulikk on 14 February 2009

So, what now? Will an investor buy parts of the company so Midway somehow can bump back? Will they continue to ship/sell more games to stores so they can make money? Will a bigger company swallow them up and maybe change the name Midway to something else? Will Midway sell properties to survive? Will Midway stop existing and get its licenses and properties sold off? Is there a God in this cruel world?