Warner Bros. has emerged as the only bidder for Midway Games Inc., the bankrupt video game publisher previously owned by Viacom Inc. chairman, Sumner Redstone.Midway is a well-known brand with a rich library of titles that Warner will be able to exploit as games, movies, TV shows and animation.
Integrating Midway will significantly expand the scope of Warner Bros. Interactive Entertainment, the studio’s small but growing video game division.
Should the deal go through, the studio will take control of most of Midway’s assets, including "Mortal Kombat", "Joust" and "Spy Hunter", in addition to two production houses in Chicago and Seattle.
Creditors in Midway's bankruptcy include Larry Kasanoff’s Threshold Entertainment, producers of two “Mortal Kombat” films, claiming it still has exclusive film/TV rights to that series and Vin Diesel's Tigon Studios, said to be owed $200,000 for the actor's work on the "Wheelman" game...
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