Midway looking to get $40 million to help with fall releases > Video Game News, Inc.

Monday, September 22, 2008

Midway looking to get $40 million to help with fall releases
By NutMan @ 3:39 PM :: 554 Views :: 3 Comments ::

:: Other

From who you ask? National Amusements. Yeah...

The money will be used to help pay for the manufacturing costs of Midway's holiday lineup.

The terms of the deal specify that National Amusements will "purchase accounts receivable up to a maximum of $40 million, providing Midway with additional cash flow flexibility for manufacturing."

Midway has Blitz the League II and Mortal Kombat VS DC Universe planned for this holiday. Midway also put out TNA Impact! earlier this month which was met with mixed criticism.

Source: [GameDaily]

Comments

By Sheep @ Monday, September 22, 2008 7:08 PM

MK vs DC looks surprisingly good imo.

By KILLAHBEEZ @ Monday, September 22, 2008 7:24 PM

I remember when midway was the shit back in the day with nba jam and stuff, just wait untill EA buys them out

By Video Game News, Inc. @ Wednesday, October 22, 2008 11:00 AM

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