http://www.thestandard.com/node/126254/comments comments feed. en http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009 <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p><i><b>Judgment made on February 23, 2009:  Midway Games filed for <a href="http://www.gamasutra.com/php-bin/news_index.php?story=22283">bankruptcy protection on Feb. 12</a>, but the company continues to operate. For now. The community correctly judged this prediction. -- The Industry Standard</b></i></p> <p><b>Original prediction: </b>Game publisher Midway Games is in financial distress. The company, which recently <a href="http://finance.yahoo.com/news/Millions-and-Millions-Midway-bw-14151114.html">announced selling more than 1 million copies of Mortal Kombat vs. DC Universe</a>, has until Feb. 19 <a href="http://www.sec.gov/Archives/edgar/data/1022080/000095013709000041/c48504e8vk.htm">to repay approximately $150 million in debt to creditors</a>. Midway has about $10 million in cash.  </p> <p>Midway's creditors have the right to demand immediate, full payment from the troubled gaming company because of a change-in-control clause. Media mogul Sumner Redstone <a href="http://www.gamasutra.com/php-bin/news_index.php?story=21897">sold his 87% controlling stake in Midway</a> to private investor Mark Thomas for $100,000 in late November.  </p> <p><a href="http://finance.yahoo.com/q?s=MWY">MWY hovered around 25 cents</a> in mid-day trading on Feb. 11.  </p> <p><b>Prediction:</b> Midway Games will be bankrupt by Feb. 19, the day it must repay its debtors.   </p> <p>Image: <a href="http://www.midway.com/index.html">Midway Games </a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> http://www.thestandard.com/predictions/midway-games-nyse-mwy-bankrupt-feb-19-2009#comments Business &amp; Finance co: midway games mortal kombat video games Wed, 11 Feb 2009 12:48:21 -0500 Yi-Wyn Yen 126254 at http://www.thestandard.com