Reports have popped up today that Warner Bros. Entertainment has bid 33 million dollars to purchase Midway Games. The buyout would include Midway, the Mortal Kombat franchise, and the Chicago and Seattle development studios. Midway has been suffering for nearly two years now, having already shutdown several projects and locations, and laying off much of their staff at remaining locations. The deal apparently does not include the TNA Wrestling license, nor two other development studios. There will be an auction before the deal goes through to allow other companies to take a shot, but it’s expected that WB will come out on top.
A sell-out was expected, as it is the only way at this point that the Mortal Kombat franchise and Midway as a whole could avoid a fatality. Time Warner clearly wants a larger stake in the games industry. Their first major step, buying a chunk of Eidos Interactive, was foiled a few months ago when Square Enix decided to buy the company outright. This move would all but assure a sequel to last year’s well-received Mortal Kombat vs. DCUniverse, and possibly see a new internal development point for more of Warner’s many properties to be translated into games.