What would you do with 100 Grand?

[BUTT]

http://www.joystiq.com/2008/12/01/redstone...for-about-100k/

 

The week begins with more bad news for financially-hobbled Midway. Just days after finding itself on the business end of a delisting notice from the New York Stock Exchange, the company's majority stockholder, Sumner Redstone, is now preparing to row away from the sinking ship entirely. According to the Wall Street Journal, Redstone and his holding company, National Amusements, hope the separation will help breathe new life into the firm's suffocating $1.6 billion in debt.

 

Redstone is expected to inflict sell his 87% controlling stake in the troubled publisher to private investor Mark Thomas -- obviously someone who enjoys a good fixer-upper -- for the bargain basement price of about $100,000, or $0.0012 a share, well below Midway's previous closing price of .38 a share. The WSJ also points out that the sale is but one point in what has become a highlight reel of bad investments for Redstone, who sunk millions into Midway in hopes of the company's heroic return, only to see it do a fatality on his bank account.

 

 

[dubq]

Dudes, let's all chip in on this!

[Prophet of Mike Zagurski]

Mortal Kombat has to be worth at least million.

[2GOLD]

 

Guess TNA helped them CROSS THE LINE into the destructive end of red.

[Prophet of Mike Zagurski]

I saw the TNA game for the 360 for $39.99 at Gamestop a month after it was released. I'll wait till its $20.

[Darthtiki]

Think of all the old Spy Hunter cabinets I could get my hands on....

[haws bah gawd]

If any of you guys want to start a fund to buy the company, I'm in!

[fazzle]

 

You got change?

[MarvinisaLunatic]

Well, if we all chip in and buy it..I guess we'd have a new word for the M in TSM to stand for!

 

 

[BUTT]

It's being speculated that he wants to buy it just to liquidate it. In which case, if he sells it off piece by piece, there's gotta be some franchise (or IP, should i say) we can all pitch in and pick up. Marble Madness? Primal Rage? Or maybe...just maybe...dare I say...REVOLUTION X?

[The Buzz]

Itd be funny to buy Mortal Kombat and TNA from them just if only to do the inevitable Mortal Kombat vs TNA game. Not to mention we could do it ala WCW vs the World, Revenge, etc and have complete ripoff of Japanese and mexican wrestlers.

[2GOLD]

 

The Waltzing Terror: Apark AL!

 

 

[daileyxplanet]

Mortal Kombat vs. TNA vs. DC Comics

 

Develop It!

[Obi Chris Kenobi]

That's pretty insane!

 

On a similar note, I promised on a messageboard, and actually meant it, if I won the £100 million EuroMillion draw a month ago, I would sink some money into getting the Ghostbuster's game distributed haha.

 

However, if they did start to sell Midway IPs off do they still hold name value? When I personally think of Midway, I think of a company I was fond of 10+ years ago. Yet, they seemed to get left behind in the first wave of 'next gen' PS1 and co.

 

Marble Madness would do well on something like the DS, did they ever release it?

[Guest Vitamin X]

It's being speculated that he wants to buy it just to liquidate it. In which case, if he sells it off piece by piece, there's gotta be some franchise (or IP, should i say) we can all pitch in and pick up. Marble Madness? Primal Rage? Or maybe...just maybe...dare I say...REVOLUTION X?

 

No sir. What we need is..

 

[Obi Chris Kenobi]

Oh man Acclaim, I remember when they used to make good games... or just games for that matter. So its very possible the next wave of 'Next Gen' consoles will just have In House developments, EA and Ubisoft to look forward too? Oh and Activision.

[haws bah gawd]

According to Wikipedia (you know how reliable that can be from time to time) Midway currently has the publishing and/or development rights to the following:

List of arcade games developed or licensed by Midway

 

Video games

 

* Arch Rivals

* Area 51 2

* Bio F.R.E.A.K.S

* Blaster 1

* Bubbles 1

* Crater Raider

* CarnEvil

* Cruis'n Exotica 4

* Cruis'n USA 4

* Cruis'n World 4

* Cyberball 2027

* Defender 1

* Defender II

* Discs of Tron

* Domino Man

* Extra Bases

* Gauntlet 2

* Galaxian

* Galaga

* Galaga 3

* Gorf

* Hydro Thunder

* High Impact Football 1

* Joust 1

* Joust 2: Survival of the Fittest 1

* Judge Dredd (unreleased) (1992)

* Killer Instinct 3

* KI2 3

* Kozmik Krooz'r

* Mace: The Dark Age

* Mortal Kombat

* Mortal Kombat II

* Mortal Kombat 3

* Mortal Kombat 4

* NARC 1

* NBA Jam

* NBA Jam Tournament Edition

* NBA Hangtime

* NBA Maximum Hangtime

* NBA Showtime: NBA on NBC

* NFL Blitz

* NHL 2 On 2 Open Ice Challenge

* Omega Race

* Pigskin 621 A.D.

* Primal Rage 2

* Psi-Ops

* Rampage

* Rampage World Tour

* Revolution X (1994)

* Robotron 2084 1

* Root Beer Tapper

* San Francisco Rush 2

* San Francisco Rush The Rock: Alcatraz Edition 2

* San Francisco Rush 2049 2

* Sarge (arcade game)

* Satan's Hollow

* Smash TV 1

* Space Encounters

* Space Zap

* Splat! 1

* Spy Hunter

* Spy Hunter II

* Stargate 1

* Strike Force

* Super High Impact Football

* Tapper

* The Grid (arcade game)

* Timber

* Tron

* Trog!

* Ultimate Mortal Kombat 3

* Unreal Tournament 3

* Wacko

* War Gods

* Wizard of Wor

* WWF WrestleMania: The Arcade Game

* Xenophobe

 

* 1 Originally developed by Williams

* 2 Originally developed by Atari Games

* 3 Originally owned by Rareware

* 4 Co-owned by Nintendo

* 5 Owned by Namco

 

Pinball (under the Bally brand)

 

* 10 Pin Deluxe (1984)

* The Addams Family (1992)

* Attack From Mars (1995)

* Black Rose (1992)

* Cirqus Voltaire (1997)

* Corvette (1994)

* Creature From the Black Lagoon (1992)

* Doctor Who (1992)

* Judge Dredd (1993)

* Lady Luck (1986)

* NBA Fastbreak (pinball) (1997)

* Popeye Saves the Earth (1994)

* The Shadow (1994)

* Theatre of Magic (1995)

* The Twilight Zone (1993)

 

List of console games developed or licensed by Midway

 

* The Ant Bully

* Area 51 (2005 first-person shooter)

* Aqua Teen Hunger Force Zombie Ninja Pro-Am

* The Buzz on Maggie: Bugnapped (It was sold from Disney to Midway)

* BlackSite: Area 51

* Blitz: The League

* Cruis'n

* Doom 64

* Ed, Edd n Eddy: The Mis-Edventures

* Freaky Flyers

* Game Party

* Game Party 2

* Gauntlet: Dark Legacy

* Gauntlet: Seven Sorrows

* Gravity Games Bike: Street Vert Dirt

* Hour of Victory

* The Grim Adventures of Billy & Mandy

* LA Rush

* Midway's Greatest Hits

* MLB Slugfest Series

* Mortal Kombat: Deadly Alliance

* Mortal Kombat: Deception

* Mortal Kombat: Shaolin Monks

* Mortal Kombat: Armageddon

* NBA Ballers Rebound

* NHL Hitz 20-02

* NHL Hitz 20-03

* NHL Hitz Pro

* Psi-Ops: The Mindgate Conspiracy

* Rampage: Total Destruction

* Ready 2 Rumble Boxing

* Ready 2 Rumble Boxing: Round 2

* RedCard 20-03

* RoadKill

* Rush 2: Extreme Racing

* Spy Hunter: Nowhere to Run

* Stranglehold

* Team Buddies

* The Lord of the Rings Online

* The Suffering (Xbox, PS2)

* The Suffering: Ties That Bind (Xbox, PS2)

* The Wheelman¸

* This is Vegas

* TNA iMPACT!

* Transformers Unpublished Windows version (original made by Atari)

* Twisted Edge Snowboarding

* Unreal Championship 2: The Liandri Conflict

* World Racing Championship

 

First things first, we need to get a sequel to Psi-Ops under development. Like someone else said, the rights to the Mortal Kombat series, alone, would be worth the price. Maybe we could even get Killer Instinct 3 off the ground.

[Darthtiki]

If we were to redo NBA Jam (not that a classic should be redone, just look at the remake of Psycho), can we do it like Blitz: The League?

[BUTT]

Rare owns the rights to Killer Instinct.

[Thoth]

I always wondered whether the VG boards needed a mod.

 

On topic: I remember when Acclaim went out of business... the rights to Iggy's Wreckin' Balls went for $3000. Of course, that was for the rights to publish the Nintendo 64 game. In case of a Midway firesale, I call dibs on The Suffering.

[YourKock'sReallyGreat]

I always wondered whether the VG boards needed a mod.

 

On topic: I remember when Acclaim went out of business... the rights to Iggy's Wreckin' Balls went for $3000. Of course, that was for the rights to publish the Nintendo 64 game. In case of a Midway firesale, I call dibs on The Suffering.

 

 

 

Does anybody even miss Acclaim? For me it was good riddance. They set back PS1 Wrestling games a good 10 years back. I still cant believe the garbage they put out while THQ/AKI was just dominating. Who wants to press UP UP Down Down Square Triangle Left Circle to pull off a bodyslam?

[Darthtiki]

I did like the MLB games Acclaim made for the N64

[Guest Vitamin X]

I always wondered whether the VG boards needed a mod.

 

Good thing Smues and myself hang around here often.

[Guest Agent of Oblivion]

Addams Family Pinball! Fuck yes!

[Guest Smues]

Theatre of Magic pinball all the way. I thought Midway also did Scared Stiff, but I guess not. I knew for sure they did Magic since the machine would start displaying ads for Mortal Kombat 3 and possibly the movie I think.

[Psycho Penguin]

The 3D Gauntlet games were some 3D games of classic 2D series I actually liked.

[Conspiracy_Victim]

I want to see just how bad the Judge Dredd game is. I'll throw in $10. I'll throw in an extra $20 for Tron.

[Broward83]

If we were to redo NBA Jam (not that a classic should be redone, just look at the remake of Psycho), can we do it like Blitz: The League?

 

I'd actually be down with that.

[BUTT]

I think I'm going to get a couple hundred shares of Midway now that it's trading at $0.26 a share. I think this thing can turn around, dammit.

[Dobbs 3K]

I never cared for basketball games (not really a basketball fan at all), but I loved NBA Jam. Played the heck out of the SNES version. Had the Game Boy version of NBA Jam TE...wasn't very good, but I still played it a lot.