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midway: search

Midway Games Names Matthew Booty President and CEO

Chicago - Video game publisher Midway Games (NYSE: MWY) announced this week that it has named Matthew V. Booty as president and CEO of the company. Former chief executive David Zucker announced he was leaving the company in March; since then, Booty has served as interim CEO. Sumner Redstone, chairman and CEO of Midway parent National Amusements, said at the time that "Our new leader must have the proven capabilities and track record to lead Midway and to reclaim its place in the forefront of the fast growing videogame industry."

Report: Redstone Sells Midway For $100,000 To Ease Debt

Report: Redstone Sells Midway For $100,000 To Ease Debt [12.01.08] Media mogul Sumner Redstone is reportedly selling his 87 percent stake in Midway Games (This is Vegas) to a private investor for $100,000, or a mere $0.0012 cents a share, as Redstone attempts to cope with his own mounting debts alongside Midway's critically poor financial performance.

Midway Games (NYSE: MWY) NewsBite - MWY Hits 52-Week Low

Midway Games (NYSE: MWY) hit a new 52-Week low of $.17 so far today. Currently the stock is down $.07 (-18.42%) to $.31 on 293,927 shares traded. Today's low is down $4.17 from a 52-Week high of $4.48. Midway Games stock has been showing support around $.29 and resistance in the $.43 range. Technical indicators for the stock are and S&P does not currently have a STARS rating for MWY. MWY shares have plummeted over the past few years, but are taking another huge hit after a report today indicates that former majority owner and media mogul Sumner Redstone has sold his entire stake in the gaming company. We will just watch this one for now. There are no hedged trades we like the look of for MWY. [ABR-Seven Summits Strategic Investments NewsBite]

Midway Sold for $0.0012 per Share

The 20-year-old Mortal Kombat Publisher Midway has been sold by its owning investor Sumner Redstone for the rock-bottom price of $100,000, a Midway regulatory filing confirms.

Shari Redstone Resigns as Chairman of Midway Games

Chicago - Video game publisher Midway Games (NYSE: MWY) announced on Monday that Shari Redstone, daughter of Viacom head Sumner Redstone, has resigned as chairman of the company. Redstone had been chairman of the company since last December. She will be succeeded by Peter C. Brown, who has served on Midway's board since 2005 and also serves as chairman, president and CEO of Viacom's AMC Entertainment.

Sumner Redstone sells controlling stake in Midway Games, reports WSJ - Update

(RTTNews) - Media mogul Sumner Redstone sold his controlling stake in videogame company Midway Games Inc. (MWY: News ) to a private investor, the Wall Street Journal reported Monday. According to the report, Redstone's holding company National Amusements Inc. is expected to announce later in the day that its 87% stake in Midway was sold to investor Mark Thomas, who has agreed to pay about $100,000 or $0.0012 per share, in addition to assumption of $70 million of senior secured and unsecured debt.

Midway plot Gears of War killer?

Midway may have endured something of a torrid 2008, but the publisher's future could be looking altogether brighter, Videogamer.com citing creative director Simon Woodroffe as revealing that the game maker is working on a title that will be the beating of Gears of War 2.

Midway's future to play out in time: Chicago-based video game-maker faces another 3rd-quarter loss, warnings of delisting and a possible sale

Midway's future to play out in time: Chicago-based video game-maker faces another 3rd-quarter loss, warnings of delisting and a possible sale

Midway's future to play out in time: Chicago-based video game-maker faces another 3rd-quarter loss, warnings of delisting and a possible sale

Midway's future to play out in time: Chicago-based video game-maker faces another 3rd-quarter loss, warnings of delisting and a possible sale

Midway Games Inc receives notification from NYSE regarding listing

Midway Games Inc (NYSE: MWY), an interactive entertainment software developer and publisher for videogame systems and personal computers, revealed yesterday (20 November) that the company received notification from the New York Stock Exchange (NYSE) on 14 November 2008 that the company has fallen below the NYSE required minimum average closing price of USD1.00 per share over 30 consecutive trading days.

Midway May be Delisted

Midway could be delisted from the New York Stock Exchange for failing to meet the standard for continued listing, the Chicago-based game maker said this week.

Midway Games (MWY) Confirms February 16, '09, Scheduled as Global Ship Date for Wheelman(TM)

Midway Games Inc. (NYSE: MWY) announced a planned global ship date of February 16, 2009, for Wheelman(TM), the upcoming open-world driving game starring action-film megastar Vin Diesel as an expert driver for hire. Set in picturesque Barcelona, the game is scheduled to be available in stores everywhere by February 20, 2009, for the Xbox 360(R) video game and entertainment system from Microsoft, the PLAYSTATION(R)3 computer entertainment system and personal computers.

Midway Games Inc appoints Peter C Brown as new chairman

Midway Games Inc (NYSE:MWY), a developer and publisher of interactive entertainment software for videogame systems and personal computers, disclosed on 7 November that the new chairman of the board of directors is Peter C Brown.

Midway Games (MWY) Announces Resignation of Chairman; Peter C. Brown Named as Successor

Midway Games Inc. (NYSE: MWY) announced that the Company's Board of Directors has appointed Peter C. Brown as Chairman of the Board.

Midway Owner Viacom's Rock Band Redemption?

Midway Games major shareholder, Mr Sumner Redstone, is undergoing interesting times at the moment. According to his Viacom company's third quarter report, Rock Band (via MTV, also owned by Viacom... keep up) sold well and this "more than offset a decline in consumer products sales", the rest of the organisation is not in perfect health.

Midway Releases Mortal Kombat vs. DC Universe Finishing Moves Video Montage

Today Midway released a Finishing Moves compilations trailer for Mortal Kombat vs. DC Universe.

Midway Releases the Next Installment of the Ultimate Mash-Up Trailer Series

Today Midway released the third installment of the Mortal Kombat vs. DC Universe, "Ultimate Mash-Up" trailer series.

Midway Releases New Mortal Kombat vs. DC Universe Video Featuring The Joker

Today Midway released the second Mortal Kombat vs. DC Universe, "Mortal Monday" trailer, this week focusing on The Joker and his involvement within the Mortal Kombat vs. DC Universe storyline.

Midway Games' quarterly loss widens

Chicago-based Midway Games posted a net loss of $75.9 million in the third quarter, widening from a net loss of $33.5 million a year earlier, but executives said they are working to turn around the video game publisher's struggling operations.

Midway plan The Wheelman for February

Down but not out, Midway this morning let us know that The Wheelman will be released on the 20th of February of the new year. The publisher had previously confirmed the game's delay as they look to assure quality.

Midway Games' loss widens in third quarter

(Chicago Tribune Via Acquire Media NewsEdge) Nov. 10--Chicago-based video game publisher Midway Games posted a net loss of $75.9 million in the third quarter, widening from a net loss of $33.5 million a year earlier, but executives said they are working to turn around the struggling company.

Midway Games logs heavy losses

NOV. 11 | FROM VARIETY: With its cash rapidly depleting and stock hovering well below the $1 mark, Sumner Redstone-owned Midway Games reported another quarter of heavy losses in the quarter ended Sept. 30.

Midway: Secret game looks 'better' than Gears 2

Speaking to VideoGamer.com at a Wheelman press event which took place in London yesterday, creative director Simon Woodroffe has revealed that the future for Midway Games' titles is looking very good indeed and it's all because of the publisher's shared technology.


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