MizMasta3000
Guest
^^Actually Moron,
As far as TNA iMPACT is concerned,
TNAWrestlingnews.com
In February, Midway filed for bankruptcy and then the company decided to use cash collateral to keep their company alive. Looks like the company will not need to hang by a financial string anymore because the company was bought by Warner Brothers for $33 million.
As part of the deal, Warner Brothers will get most of Midway’s assets. And some of the legal disputes existing between creditors, senior executives, and major stakeholder Mark Thomas have been resolved.
Some of the companies that objected to the Warner Brothers sale include Hollywood production company Threshold Entertainment, which produced two Mortal Kombat movies. Tigon Studios Inc., a company founded by Vin Diesel also objected to the sale. Tigon and Midway both worked on a video game called Wheelman which starred Diesel. All of the objections were resolved.
ChicagoTribune
As far as TNA iMPACT is concerned,
Here is the latest on the TNA video game situation. When Midway filed for bankruptcy, the game was lost in the shuffle, as Warner Bros. did not pick up the game when they acquired Midway.
Sources in TNA say that they are perusing the game, and that the right to the game may bounce back to TNA since Warner Bros. did not purchase them. If that is the case, TNA would then have a game in hand so to speak to hand over to a potential distributor.
TNA's Steven Godfrey said that the company had no comment on the situation.
TNAWrestlingnews.com