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Midway studios not acquired by WB to shut down within 60 days
Midway studios not acquired by WB to shut down within 60 days
It appears as though recent reports were incorrect, as Midway confirmed to Joystiq this morning that the nebulous studios not picked up by Warner Bros. in the acquisition bid have 60 days until they're out of work. From Midway Newcastle ( Wheelman , Necessary Force ) to Midway San Diego ( ...
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Midway studios not acquired by Warner Bros. must shut in 60 days
GoNintendo — ... gave the employees a required 60-day warning. For now those employees are continuing to work and it’s still entirely possible that a bidder could come in and acquire the San Diego assets.” - Midway rep Well, at least the employees at the San Diego wing will have 60 days to find themselves a new job. Still, it must be a pretty crappy feeling to know that you’re part of the studio that Warner Bros. didn’t want. Link

Midway Sale Approved By Court
Edge Online - Interactive Entertainment Today — ... "We had a court hearing yesterday and the end result of that is the sale was approved and the closing will occur within the next ten days," a Midway representative told Joystiq. ...

Warner Bros. Cleared For Midway Buyout
G4 TV - TheFeed — ... As for the Midway studios that Warner Bros. won't be acquiring (San Diego and Newcastle), Joystiq reports that they will be shut down in 60 days, unless they are purchased in the meantime. Currently, there haven't been any bids for either studio or any of the unclaimed properties. ...

Midway Sale Approved, Studios Still Facing Closure
The Escapist : Latest News — ... , which were not picked up in the sale. A Midway rep told Joystiq that it hasn't received bids on either of the studios and has thus given employees a 60-day notice of forthcoming closure as required by U.S. law. But the company rep expressed hope that someone would rescue the San Diego operation before the shutdown, saying, "For now those employees are continuing to work and it's still entirely possible that a bidder could come in and acquire the San Diego assets." The sale of Midway to Warner Bros. is expected to close within ten days. Source: ...

Warner Bros. cleared to buy Midway assets
Big Download Blog — ... And what about the other two Midway studios not bought by Warner Bros. (the ones in the UK and San Diego)? Our sister site Joystiq reports via a Midway spokesperson that they are required by law to shut down the studios within 60 days. There's no word yet if any other companies might be interested in acquiring those studios but the UK studio is trying to promote their own open world action game, ...

Game publisher Midway joins Time Warner empire for $33M
Ars Technica - Opposable Thumbs — ... and Time Warner wound up acquiring most of the publisher's properties and studios. However, noticeably absent from this acquisition were two of Midway's prominent studios: Midway Newcastle and Midway San Diego, the offices responsible for games like Wheelman and TNA , respectively. While both of these studios are dangling over thin air at the moment, Joystiq spoke to a Midway representative who explained that they would close in 60 days if no one stepped up to buy them. While this sounds ominous, the Midway rep seemed upbeat about the situation: ""For now those employees ...

The Bender – Episode 047 – Transformers testes, Torrents, and The Conduit
Binge Gamer Dot Net — ... Conduit (Wii), Guitar Hero World Tour (PS3), Me & My Katamari (PSP), Zeus: Master of Olympus (PC) Mini-Bargain Gaming – 20 Games on Steam for $53.99 Transformers 2 Review (also, Michael Bay go kill yourself) Old Wizard is a terrible web site Starlight Children’s Foundation NEWS Pirate Bay Going Legit Warner Bros. May Own Midway…Or Not No More Hulu on PS3 (How to: Get it back on) New Resident ...

The Daily GameDev.net
GameDev.Net — It's an all business, no banter Daily today. Studio News: Midway, Ubisoft, Square Enix/ Eidos . The sale of Midway to Warner Bros was approved by the courts , with the closing of deal to take place sometime in the next few days. This isn't good news to all of Midway though, as Midway Newcastle and Midway San Diego still find their heads on the chopping block and have only 60 days to find a buyer to stay their execution. Meanwhile, Toronto game dev hopefuls are rejoicing at Ubisoft's plans to ...

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Midway studios not acquired by WB to shut down within 60 daysGamePad: The Best Video Gaming Blog Posts
It appears as though recent reports were incorrect, as Midway confirmed to Joystiq this morning that the nebulous studios not picked up by Warner Bros. in the acquisition bid have 60 days until they're out of work. From Midway Newcastle (Wheelman, Necessary Force) to Midway San Diego (TNA) and ...