Midway hawking Mortal Kombat rights
Bankruptcy blow could be a fatality.
Troubled publisher Midway is thought to have put the rights to the Mortal Kombat series up for sale in a last-ditch effort to save the company.
The sale is part of a three-part plan to keep afloat in the face of bankruptcy, studio closures and cancelled games. "Corporate Restructuring and Bankruptcy Blog" netDockets reports that agreeing a sale is part of an incentivised scheme which would involve senior management staff receiving large bonuses. Step one was the off-loading of Vin Diesel vehicle The Wheelman, while steps two and three involve agreeing and closing the Mortal Kombat deal.
The report has apparently angered many regular Midway staff, as there are claims the money being used for the bonuses had been earmarked for paying off lower-level employees. Kotaku is reporting that the money comes from a fund which Midway originally intended to use to compensate sacked staff members for unused holiday time.
Apart from Unreal, we're not sure what Midway will have left on the books should the beat-'em-up series head out of the door. It's not too likely a full financial recovery will occur off the back of sales of Blitz: The League II .
Let's hope that the franchise finds a good home. Street Fighter Vs. Mortal Kombat anyone?
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Comments (21) Latest comment 3 years ago
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Midway released a few good games over the years but they weren't consistent. I'm sure the programmers will find employment elsewhere with other developers but Midway themselves is overdue for retirement.
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MK going in a more traditional direction (or altogether far-flung - as long as it remains a beat em up), under new management is not something you'll find me arguing with. Is Ed Boon likely to be part of any deal, too?
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It really does seem like a last ditch effort by Midway I mean what do they have left other than Mortal Kombat??
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Damned if they do, damned if they don't...
@Crofto
The MK mythos certainly has a lot of potential, I think, but I'd imagine at this point that it's become a little contrived and confusing. Perhaps if the series goes to another publisher/developer a series reboot might be in order?
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Give the franchise to a developer who has talent and see what they can do.
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