Thursday, 18 December 2008

[News – Industry] Midway near bankruptcy

midway

The times are tough and with this economical crisis worldwide, videogames industry isn’t immune. Midway, one of the historical studios from this industry, is near bankruptcy. With a debt that stand $150M, they have to find money ‘til the end of the year or…goodbye!

They already started to cut in staff (25%), closing studios (like Austin one) and cancelling projects. Good luck!

(sources: Kotaku, Eurogamer and GamesIndustry)

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