Midway got hit by the recession

[brbk4498]

Midway, if this name doesnt ring a bell then ur not a MK fan, well like some time ago Midway filed for chapter 11 aka bankruptcy. The furture for MK is uncertain, Midway has put MK up for sale it is worth 1.5billion that would be really do Midway well if they got it sold. Midway owes millions to several ppl. for a list check the spoiler.

Spoiler

* Wells Fargo Bank - $150,000,000
* Acquisition Holdings Subsidiary - $40,000,000 unsecured loan (Thomas is the mystery man who purchased Midway late in 2008)
* National Amusements, Inc. - $20,147,864
* NBA Properties, Inc. - $17,294,849 (License/royalty settlement)
* Tangible Media, Inc. - $8,675,954
* Warner Bros. Interactive - $6,654,203
* Artificial Mind & Movement - $2,000,000
* Epic Games - $1,975,000 (License/Royalties)
* Walmart - $1,576,035
* Far Sight Technologies - $1,279,151
* Best Buy - $1,114,036
* Target - $934,156
* Technicolor Video Services - $637,769
* Toys R Us - $615,276
* Ditan/Synergex Canada - $578,316
* CBS Outernet - $314,600
* David Zucker - $300,000 (severance pay)
* Multi Packaging Solutions - $287,036
* A.A.F.E.S Headquarters - $276,314
* Kmart - $218,497
* Tigon Studios - $200,000(license/royalties)
* Hollywood Entertainment - $190,982
* TNA Entertainment - $160,000 (license/royalties)
* Professional Films, Inc. - $150,000
* Synergex - Latin America - $149,027
* Pioneer.JB Marketing - $133,353
* Eclipse Advertising - $132,687
* GameStop - $127,250
* Sear, Roebuck - $125,495

Finish him!!!

 

[RauCous]

lol i would've thought the gaming industry was recession proof.

 

[candy8998]

wow!! i thought u was talkin bout the islands..silly little boy

 

[brbk4498]

huh?? islands??

 

[candy8998]

yea midway islands, its a stoppin spot 4 ships leavin d us west coast to western countries