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UPDATE: The Official Committee of Unsecured Creditors and the United States Trustee have each objected to Midway’s proposed Key Employee Incentive Plan. Details of their objections can be found here.
46 responses so far ↓
Midway Offloading Mortal Kombat (And Screwing Former Employees) [Business] @ Beezify // March 2, 2009 at 9:00 am
[...] Midway Games Seeks Approval of a Key Employee Incentive Plan [netDockets] [thanks Tech Noir!] [...]
VG247 » Blog Archive » Midway selling off Mortal Kombat rights // March 2, 2009 at 9:32 am
[...] Midway is seeking an “execution of an asset purchase agreement for the sale of Midway’s Mortal Kombat franchise assets,” according to court documents posted on NetDockets. [...]
H Midway πουλάει το Mortal Kombat | Game 2.0 // March 2, 2009 at 10:19 am
[...] με το NetDockets, η Midway πουλάει το Mortal Kombat franchise, και εδώ θα έχει [...]
Mortal Kombat sucht neues Zuhause - PS3-Talk.de - Playstation 3 Magazin // March 2, 2009 at 11:12 am
[...] werden. Laut Kotaku sucht Midway aktuell nach einem neuen Besitzer fr Mortal Kombat. Nach Berichten zufolge sollen die Manager aus diesen Verkufen auch satte Bonuszahlungen erhalten. Insgesamt ist [...]
Midway selling off rights to Mortal Kombat franchise // March 2, 2009 at 12:06 pm
[...] dark days indeed… according to court documents posted on NetDockets, Midway is seeking an “execution of an asset purchase agreement for the sale of Midway’s [...]
» Mortal Kombat: Midway vuole vendere la licenza // March 2, 2009 at 12:40 pm
[...] quanto riporta NetDockets quindi, dopo il passaggio di The Wheelman a Ubisoft anche la storica serie picchiaduro potrebbe [...]
The System » Post Topic » Mortal Kombat Franchise for Sale? // March 2, 2009 at 1:18 pm
[...] Mortal Kombat IP Reports from NetDockets indicate the Midway is attempting to execute a Mortal Kombat franchise sell-off Kombo to prevent [...]
Midway selling off Mortal Kombat rights - Rap GodFathers Community // March 2, 2009 at 2:36 pm
[...] for the sale of Midways Mortal Kombat franchise assets, according to court documents posted on NetDockets. $3,755,000 in bonuses has been set aside by the struggling firm for those that manage to offload [...]
Report: Midway looking to sell Mortal Kombat assets| Latest breaking News on Video Games Hardware and Software.| BadPower.com Blog // March 2, 2009 at 2:39 pm
[...] to documents allegedly gathered by netDockets, the company’s plan for survival includes the “execution of an asset purchase agreement [...]
Report: Midway looking to sell Mortal Kombat assets | Xbox Live - Latest News, Games and Subscriptions! // March 2, 2009 at 2:41 pm
[...] to documents allegedly gathered by netDockets, the company’s plan for survival includes the “execution of an asset purchase agreement [...]
Mortal Kombat is up for sale | Xbox Live - Latest News, Games and Subscriptions! // March 2, 2009 at 3:20 pm
[...] to NetDockets, nearly four million USD has been set aside as part of the selling of rights – Wheelman having [...]
Ventas de Garaje: Mortal Kombat, Midway y más - El Joystick // March 2, 2009 at 3:52 pm
[...] episodio de esta semana? Sencillo: Bonos! Bonos a los peces gordos ejecutivos principales… y vendiendo Mortal Kombat para solventar sus [...]
Midway to put Mortal Kombat up for sale « Rampaged Death’s Blog // March 2, 2009 at 4:35 pm
[...] Restructuring and Bankruptcy blog netDockets reports that Midway Games Inc. and its affiliates filed a motion on February 23, 2009 seeking court [...]
Midway Ponders Sale of MK Franchise // March 2, 2009 at 4:44 pm
[...] to court documents obtained by website netDockets, part of publisher Midway’s road to recovery could include the [...]
Midway to sell Mortal Kombat? » Games Brief // March 2, 2009 at 6:09 pm
[...] court filings, Midway is seeking permission for an employee incentive plan covering 29 employees worth $3.8 [...]
Midway wanting to sell Mortal Kombat - Xbox360Evolved - Xbox 360 Discussion // March 2, 2009 at 6:46 pm
[...] he nonetheless represents a source of family pride. According to documents allegedly gathered by netDockets, the company’s plan for survival includes the “execution of an asset purchase agreement for the [...]
Midway Giving Bonuses to Employees, Plans to Sell Mortal Kombat Franchise by DigitalBattle.com // March 2, 2009 at 7:07 pm
[...] aren’t exactly anything new, but what they are doing is quite interesting: the company has proposed an incentive plan that would see employees receive bonuses for meeting certain goals, but in a rather illogical [...]
The Tanooki » Midway to sell Mortal Kombat franchise // March 2, 2009 at 7:55 pm
[...] netDockets [...]
Report: Midway looking to sell Mortal Kombat assets | ComputerFinance.net // March 2, 2009 at 8:03 pm
[...] to documents allegedly gathered by netDockets, the company’s plan for survival includes the “execution of an asset purchase agreement [...]
Midway Looking to Sell Mortal Kombat Franchise, Proposes Bonuses and Cuts Ex-employee Payments | Games Blog // March 2, 2009 at 8:47 pm
[...] Three specific milestones are outlined in the plan. The first, to find a co-publisher for Wheelman, was accomplished a few days before the plan was filed on February 23. That accomplishment was worth a $497,500 bonus, reports netDockets. [...]
Midway may sever Mortal Kombat in brutal finishing move | Sarcastic Gamer // March 2, 2009 at 10:00 pm
[...] to a report from netDockets, the financially-troubled publisher might be shopping its popular brawling franchise as it attempts [...]
Weekend Round-Up | Game-Sammich.com - The Trevor McDonald of Gaming! // March 2, 2009 at 10:09 pm
[...] shocker of a report came from Midway: they’re looking to see to the “execution of an asset purchase agreement for the sale of Midway’s Mortal Kombat franch…. Holy [...]
Midway Looking to Offload Mortal Kombat, Screwing Former Employees [Business] | IG4L // March 2, 2009 at 11:32 pm
[...] Midway Games Seeks Approval of a Key Employee Incentive Plan [netDockets] [thanks Tech Noir!] [...]
Midway Faces Reorganization or Selling Mortal Kombat | MonsterVine.com // March 3, 2009 at 12:21 am
[...] website netDockets has outlined Midway’s key employee incentive plan for a “group of 29 eligible employees [...]
Midway Stalls Collapse By Selling Key Properties| Latest breaking News on Video Games Hardware and Software.| BadPower.com Blog // March 3, 2009 at 12:42 am
[...] Kombat has yet to find a new home under any sort of agreement, but with the court documents uncovered by bankruptcy blog netDockets promising key members of Midway’s hierarchy a nearly $1.3 million bonus for unloading MK, it [...]
/gamer » Blog Archive » Midway looking to Sell Mortal Kombat? // March 3, 2009 at 1:10 am
[...] Games is reportedly looking for buyers to purchase their beloved Mortal Kombat franchise, just so the company can [...]
HEY! Wanna Buy A Fighting Game Franchse? at Backwards-Compatible // March 3, 2009 at 2:29 am
[...] FOR YOU! Apparently, the good folks at Midway, feeling the crunch from the wanning economy, are trying to sell off their MK assets (read points 2 and 3). Apparently, Midway is set to give something to the tune of $3.7 mil in [...]
GameZone» Blog Archive » Report: Midway looking to sell Mortal Kombat assets // March 3, 2009 at 5:03 am
[...] to documents allegedly gathered by netDockets, the company’s plan for survival includes the “execution of an asset purchase agreement [...]
Midway Konsiders Mortal Kombat Sale | TechBower // March 3, 2009 at 7:53 am
[...] week, the NetDockets blog dug up a document that requests court authority to pay up to 29 Midway employees with an incentive plan. Doing so [...]
flankright.com » Midway mulling Mortal Kombat sale // March 3, 2009 at 9:59 am
[...] workers got no rest over the weekend. That’s when a February 25 post on the bankruptcy blog NetDockets.com received wide attention for listing three milestones of the Chicago-based publisher’s [...]
Midway Looking to Sell Mortal Kombat Franchise, Proposes Bonuses and Cuts Ex-employee Payments | Gamer IQ | Gaming News, Reviews, and More // March 3, 2009 at 12:47 pm
[...] Three specific milestones are outlined in the plan. The first, to find a co-publisher for Wheelman, was accomplished a few days before the plan was filed on February 23. That accomplishment was worth a $497,500 bonus, reports netDockets. [...]
Who Will Buy Mortal Kombat? - The Koalition | The Urban Gamers Guide // March 3, 2009 at 3:24 pm
[...] Recent news has resulted in the “internets” going nuts. Midway with all of its financial troubles may be hoping to sell the Mortal Kombat series. I Personally don’t know what to think. Some people are pissed, but maybe a move like this is for the better? The list of potential buyers is huge. I’m going to list EA as a great candidate. Marketing, manpower, money. EA can do no wrong with this franchise. Long as Ed Boon is attached to the project, how can it go wrong? Who do you think is the best fit for Mortal Kombat? [...]
Midway offering incentive deals to certain employees - The Entertainment station // March 3, 2009 at 8:36 pm
[...] Read | Permalink | Email this | Comments [...]
Midway podría poner a la venta la franquicia Mortal Kombat | Ecetia // March 3, 2009 at 10:33 pm
[...] financieros que le llevaron a la bancarrota, ahora (según un documento presentado en el sitio netDockets) están planeando poner a la venta su franquicia Mortal Kombat, como parte de una serie de [...]
Midway podría poner a la venta la franquicia Mortal Kombat | FeedXtractor // March 4, 2009 at 12:21 am
[...] financieros que le llevaron a la bancarrota, ahora (según un documento presentado en el sitio netDockets) están planeando poner a la venta su franquicia Mortal Kombat, como parte de una serie de [...]
Paid Content : Desperate To Stay Afloat, Midway Starts Offloading Gaming Franchises // March 4, 2009 at 12:25 am
[...] everything it can—including its franchises—to help pay off creditors. Bankruptcy documents picked up by netDockets show that the company essentially has two options: try to get another restructuring plan approved [...]
Midway Say They Don’t Want To Sell “Mortal Kombat,” $3.25 Million Says Otherwise | GameCyte // March 4, 2009 at 12:33 am
[...] “Mortal Kombat” franchise. That’s direct from bankruptcy filings obtained by netDockets last week. But according to company spokesperson Geoffrey Mogilner, that’s not what Midway [...]
Server Juegos - Noticias, información y novedades » Midway podría poner a la venta la franquicia Mortal Kombat // March 4, 2009 at 11:59 am
[...] serios problemas financieros que le llevaron , ahora (según un documento presentado en el sitio netDockets) están planeando poner a la venta su franquicia Mortal Kombat, como parte de una serie de [...]
Mortal Kombat: Midway vuole vendere la licenza « Marco e Massimiliano’s Weblog // March 4, 2009 at 5:13 pm
[...] quanto riporta NetDockets quindi, dopo il passaggio di The Wheelman a Ubisoft anche la storica serie picchiaduro potrebbe [...]
Midway mulling Mortal Kombat sale | NintendoWiiVideoGames.com // March 4, 2009 at 7:24 pm
[...] workers got no rest over the weekend. That’s when a February 25 post on the bankruptcy blog NetDockets.com received wide attention for listing three milestones of the Chicago-based publisher’s [...]
Midway: Sell Mortal Kombat Or Reorg And We'll Give You A Bonus | Control Pad // March 5, 2009 at 8:45 am
[...] non-insider key employees,” according to the bankruptcy and corporate restructuring focused netDockets. The incentive program seems to be designed to get those 29 people to stick around long enough to [...]
Midway looking to sell Mortal Kombat or kontinue | Control Pad // March 5, 2009 at 8:45 am
[...] It's one or the other for the the bankrupt video game publisher, according to this blog for a service that follows bankruptcy filings. [...]
Midway Selling Off “Mortal Kombat” Rights // March 9, 2009 at 2:12 am
[...] Midway is seeking an “execution of an asset purchase agreement for the sale of Midway’s Mortal Kombat franchise assets,” according to court documents posted on NetDockets. [...]
Midway Looking to Sell Mortal Kombat? | Control Pad // March 9, 2009 at 8:55 pm
[...] Games is reportedly looking for buyers to purchase their beloved Mortal Kombat franchise, just so the company can [...]
Midway to sell off Mortal Kombat to highest bidder « Video Games Republic // April 16, 2009 at 8:52 pm
[...] Via [Kotaku] and [NetDockets] [...]
MKRayden // April 28, 2009 at 11:24 am
It looks like Warner Brothers may end up buying Midway.