Smacktalks Posted February 15, 2009 Share Posted February 15, 2009 Midway Games, publisher of TNA's first video game, TNA iMPACT!, has filed for bankruptcy. Click here to read the press release. Midway Games still has plans to release a sequel to the TNA video game later this year. Source: finance.yahoo.com 1 Link to comment Share on other sites More sharing options...
ALL STAR Posted February 15, 2009 Share Posted February 15, 2009 Im guessing this means the end of TNA iMPACT or it will get sold to anouther company like what happed to Wheelman. Link to comment Share on other sites More sharing options...
jitz Posted February 16, 2009 Share Posted February 16, 2009 Nah this is where bankruptcy is very complicated. There's so many different types of bankruptcy, and you essentially need a lawyer to explain them all properly. Basically chapter 11 bankruptcy (which Midway filed) means companies that they stay in control of the company while they search for other lenders to borrow money off of, and they can give those new lenders preferential treament when profits roll in. There's also other clauses too, so they can cancel contracts that aren't guaranteed good returns, effectively pulling out of publishing agreements they made when they thought they had more money then they did. So essentially it means they can get into far worse debt then they're already in if they don't turn a profit soon. They'll just shift focus to core titles which are guaranteed profits (which they announced months ago anyways), core titles for Midway being Mortal Kombat and TNA. They both turned decent profits last year, despite being fairly lacklustre games. So in theory because only the US arm of the company has filed for bankruptcy, they can continue to fund development of games from the overseas. While searching for new lenders, and getting the current loan sharks off their backs for the time being. If Mortal Kombat and TNA are shit again and they sell even worse than last year? It'll be bye bye Midway. Link to comment Share on other sites More sharing options...
Smacktalks Posted February 19, 2009 Author Share Posted February 19, 2009 I see Impact 2 doing a lot better, although the dissapointment of the first game will put people off buying it when it first comes out imo. I know I'll be waiting to see what people think of it first, as IGN, etc. made it out to be great and then when I played it, it was the worst sports game i've ever played. Even if it just had a few more basic options or match types i'd have felt a lot better about it. Link to comment Share on other sites More sharing options...
Joe =/ Posted February 20, 2009 Share Posted February 20, 2009 I will be pre-ordering it. More matches/moves + sort out the bullshit (online easy pins/ultimate x slow bar/no dq) will make it superb in my opinion. Link to comment Share on other sites More sharing options...
ALL STAR Posted February 20, 2009 Share Posted February 20, 2009 The pin thing has been fixed took awhile but its been fixed now, all they need to do is add matches and more moves, fix the grapple controls and its sorted. Still out of online wrestling games iMPACT is by far the best, and Joe remember the King of Ultimate X Don West. Link to comment Share on other sites More sharing options...
Joe =/ Posted February 20, 2009 Share Posted February 20, 2009 yes lmfao. They fixed the online pinning ? Fuck, I want my copy of the game back now. Link to comment Share on other sites More sharing options...
Twist of Fate Posted February 20, 2009 Share Posted February 20, 2009 they want to release impact 2 as soon as possible....disaster. Hopefully they'll take their time and do it right this time..IMPACT didn't impress me whatsoever... Link to comment Share on other sites More sharing options...
ALL STAR Posted February 20, 2009 Share Posted February 20, 2009 Well from stuff Midway said before they were working on iMPACT 2 towards the end of the first one, First one just didnt have enough time to fit everything in the game to a good enough standard. Think if the game comes out mid 09 its had enough time to implement features etc. Link to comment Share on other sites More sharing options...
Twist of Fate Posted February 21, 2009 Share Posted February 21, 2009 God I hope so. If I spend the money on IMPACT 2 that I spent on IMPACT and it isn't leagues better, I'll be pissed...and feel like a moron for spending tons of money on a sequel I expected to suck anyways. Link to comment Share on other sites More sharing options...
The Smackethdown Posted February 23, 2009 Share Posted February 23, 2009 ...or you could buy it used at GameStop in three months for half it's price and if you don't like it return within the 7 days. That is the same fate 007 Nightfire & Custom Robo received Link to comment Share on other sites More sharing options...
Twist of Fate Posted February 27, 2009 Share Posted February 27, 2009 Yeah, I would, but the nearest GameStop is almost 2 hours away. oh well, i'll just grab it like a fool and hope for the best... Link to comment Share on other sites More sharing options...
jitz Posted April 10, 2009 Share Posted April 10, 2009 Well in an update on the company. The major shareholder has stated that Midway well be completely broke by June. There have been bids for the company for $30 million (which is the same figure the company has debts of), so it's atleast a $60 million investment. It's looking more than likely this is Midway's only option, if they're going broke by June, they don't have any games coming out before that to earn them money. If Midway is sold, it depends on the terms of the TNA deal whether or not it can be included in the sale. Most licenses have a clause where if the licensee goes under, the license reverts back to the original holder (TNA). Even still, if it were to go to a new company, there's no guarantees at all that the Midway development team is included in the deal. Impact 2 is very much up in the air right now. Link to comment Share on other sites More sharing options...
Subrick Posted April 10, 2009 Share Posted April 10, 2009 As well as every new, kinda sub par Mortal Kombat game in the future. Link to comment Share on other sites More sharing options...
Twist of Fate Posted April 13, 2009 Share Posted April 13, 2009 Heh. The TNA franchise could do much better with a different company anyways. Last I knew of, Acclaim wasn't doing any wrestling stuff. Legends of Wrestling is over with and they're veterans in the wrestling game business. they had real winners with WWF Warzone, WWF Attitude, ECW: Hardcore Revolution and ECW Anarchy Rulz...the graphics were ok for a playstation 1 game, the match options were numerous, character listing was always lengthy, as well as the career mode was pretty decent (at least in Attitude, that I remember). But maybe no one else agrees with that. Link to comment Share on other sites More sharing options...
ErnestOrlov Posted February 12, 2015 Share Posted February 12, 2015 I ran a Smart scan, and everything cleaned up fine. Problem files are gone. Thank you for your help. Link to comment Share on other sites More sharing options...
XavMashes Posted February 13, 2015 Share Posted February 13, 2015 I ran a Smart scan, and everything cleaned up fine. Problem files are gone. Thank you for your help. What? Link to comment Share on other sites More sharing options...
Codes. Posted February 13, 2015 Share Posted February 13, 2015 I ran a Smart scan, and everything cleaned up fine. Problem files are gone. Thank you for your help. Bots. Link to comment Share on other sites More sharing options...
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