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Midway's board members are now being sued by employees for corporate waste that cites disastrous financial advice as the cause.
It's been revealed that publisher-in-trouble Midway may be trying to get rid of the Mortal Kombat franchise in an effort to stay afloat.
Midway has, despite flagging sales and struggling finances, announced a new Mortal Kombat game.
In a further effort to reduce losses, Midway has closed its Austin studio, cancelled some more games and culled its workforce by 25 percent.
Midway has revealed that the New York Stock Exchange has warned the company that its stock may soon be de-listed.
Midway, which lost $78 million in 2006, has announced escalating losses for last year, but remains hopeful for the future.
Harvey Smith, designer of games like Deus Ex and Thief: Deadly Shadows, has left Midway Austin after being critical of his own project, BlackSite: Area 51.
June 18 2021 | 12:30
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