Midway gets Defriended by NYSE on Facebook, Fatality Appears Imminent

Gamasutra broke the news this morning that Midway was delisted by the New York Stock Exchange as the company continues it’s decent into the blackness of bankruptcy.  This is a pretty serious blow to local Midway Home Entertainment, the console games division located here in San Diego and the related Midway Customer Service division located nearby.

This comes as no surprise to those of us in the industry who have been following Midway’s steady slide for the last several years, but this is looking increasingly final.  Personally, I’ve been pulling for the old gal, as I have fond memories of classic titles like NBA Jam, Mortal Kombat, and nearly everything they did back when they were called TradeWest back in the day.

Kotaku has a nice write up of the lengthy list of barbarians at the gate here.

@morrisato

2 Comments so far

  1. Dave Share (daveshare) on February 19th, 2009 @ 10:39 am

    That’s unfortunate. I, too, have good memories about their games. Although I can’t remember anything they’ve done lately.

    Maybe they’ll get bought out and we’ll have "Acti-blizz-way"!


  2. Benjamin Forrest (morrisato) on February 19th, 2009 @ 1:41 pm

    The fact that no one knows about what they’ve done lately is a big part of the problem.

    They definitely have quite a bit of history, both in San Diego as a major game industry employer and as a long time arcade advocate. I will be very sad to see them go, and more sad for the talented developers and testers who are having to jump ship right now.



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