Jul 6, 2009 by Courtney O.

Warner Bros. Acquires Rights to Midway Games

Warner Bros. has nabbed most of Midway Games' assets in bankruptcy court for a cool $33 million, which includes studio rights to "Mortal Kombat," "Spy Hunter," "Joust" and several other game franchises, according to Variety.

A Delaware bankruptcy court judge authorized the deal last week, saying that the objections to the transaction had been resolved.

Midway filed for bankruptcy protection earlier this year. Sumner Redstone had sold his 87% stake to Mark E. Thomas last year for only $100,000 along with the assumption of $70 million of Midway debt.

Midway's creditors agreed last month to give Thomas a $5 million payment.

Warner declined to comment on its plans for Midway. And it opted not to buy two Midway development studios in San Diego and Newcastle, England.


Sources: Variety

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Comments (25)

  1. RavenX5 God of Light

    yea,whatever happened to the Spy-Hunter movie?i have the game based on the freaking movie,what happened to it?

    3 years agoby @hackx9Flag

  2. Chad Vital

    So WB games or movie rights? I'd like to see WB do their version of a Mortal Kombat movie. Could be cool.

    3 years agoby @chad-vitalFlag

  3. Jimthar

    didnt they already make a 'spy hunter' movie with the rock? wtf ever happened to that??
    if they DO make a new SH, they need to give it to michael bay. with his knack for directing high speed chase scenes, it would be awesome.
    and i'm all for a MK reboot. only if its written better, has better actors, and has real fight scenes with fatalities. and no comedy. when they try to make movies funny they totally lose sight of what it is that they're making. although cary tagawa as shang sung was classic.
    i really dont see a JOUST movie happening. i mean, really?

    3 years agoby @jimtharFlag

  4. Guardian

    As long as the Mortal Kombat reboot is better than the original one.

    3 years agoby @guardian117Flag

  5. RavenX5 God of Light

    Fantastic,i hope it gets a better reboot of MK and i both agree that James Mcteigue and Yuen woo Ping should do the chreography.

    3 years agoby @hackx9Flag

  6. J.A.Ottley.Writer / Director

    The draft is on paper. I decided to write it within my spare time in college., manage to print it out before they deleted out college account :(

    But as soon as i've done the redraft, which will now be a lot easier due to hvaing about 40 pages of research, but hard to find info on the Lin Kuei, i will definately email it to you :)

    I agree on James Mcteigue directing and chreography by Yuen Woo Ping

    3 years agoby @chronicFlag

  7. WiseGuy

    Great news.

    3 years agoby @zgcorleone072Flag

  8. Lock and Stock

    I nead to read that DRAFT J.A, i'm sure it's good, anything is good than that sh*t Mortal Kombat films before, although i heard drew mcsweeney is writing a draft. To direct MK i would get James Mcteigue the guy is brillaint with visuals.

    3 years agoby @m-man360Flag

  9. J.A.Ottley.Writer / Director

    Interesting that means either a MK reboot is possibly, on the way or maybe the third in the trilogy will fly out of production hell and straight into production and who knows hopefully soon we will see Mortal Kombat Devestation, on screens soon.
    MK can be done really good with the right amount of research on it and of course the right story.
    Still remember the MK SCRIPT i wrote ages ago based on the Lin Kuei, i think that needs a duly redraft :)

    Well Spyhunter is no surprise, considering Dwayne 'The Rock' Johnson, is attached to it and it will be based on the most recent game installment SPYHUNTER: NOWHERE TO RUN (i think that's the full title).
    There is also rumours that John Woo was attached to direct Spyhunter, so that i'll definately be looking forward to, if its a John Woo film.

    Joust = No comment

    Asteroid = Deep Impact & Armageddon remake looool

    3 years agoby @chronicFlag

  10. tattoofreak87

    i have to say i agree with lock and stock on the fact they really have not made too many decent video game films (except the original street fighter for its time [new one sucked]). i also appreciate what warner bros. makes most of the time. I've heard of rumors for mortal kombat 3 before they went bankrupt. I'm just hoping if they make a new one, that it will hopefully be atleast a 3 1/2 star film. i also agree with mikehd on special effects.

    3 years agoby @tattoofreak87Flag

  11. mikehd

    hopefully thaey do a new mortal komat the y should let industrial light and magic do the special effects look at what the have done with all the transformers movies harry potter the new star strek and terminator movies it would be incredible

    3 years agoby @mikehdFlag

  12. Lock and Stock

    You never now oscar, they are making asteroids the movie, it may just work out.

    3 years agoby @m-man360Flag

  13. Oscar

    Yeah great, now we can expect "Joust: The Movie"!

    3 years agoby @lascivioussFlag

  14. Lock and Stock

    I dont know what to say, only that i trust midway giving the proprerty away, these mutherf*ckers made dark knight, if anything these muther f's can make the next mortal kombat oscarish.

    3 years agoby @m-man360Flag

  15. Rufio

    the problem with video game adaptations as films is that no one has made a solid one yet. that was the consensous with comic book adaptations too... now we have several solid movies that are transforming the movie industry. it'll happen for video game adaptations, too. i agree with the bulk of the comments in here about WB... if any studio is capable, they are. they could totally make MK a lucrative franchise!

    3 years agoby @rufioFlag

  16. Diaigma

    I think WB were perfectionists BEFORE TDK, kingbrady :P

    They sucked in the 90's though. Matrix and HP saved them.

    3 years agoby @diaigmaFlag

  17. bandrews1

    Good, hopefully we can get a Mortal Kombat reboot.

    3 years agoby @bandrews1Flag

  18. Messenger

    A rated R MK movie would be great but lets just hope for a better pg-13 version. I still love the first MK movie but the second, that is an abomination to movies everywhere.

    3 years agoby @messengerFlag

  19. kingbrady

    Warner Bros are perfectionist now, ever since The dark Knight's success, and the fact the arent happy about Superman's delay, Mortal Kombat should be nice

    3 years agoby @kingbradyFlag

  20. Buriblazing

    cool now make a awesome MK

    3 years agoby @buriblazingFlag

  21. Newkill3000

    Great.

    3 years agoby @newkill200Flag

  22. -comrade-

    Good. Warner Bros. is a studio I still respect to some extent. Paramount is also coming around well.

    3 years agoby @taberjohnson18Flag

  23. chewy85d

    this is good for any movie sake. games not sure 50/50

    3 years agoby @chewy85dFlag

  24. metalhead9921

    is this bad or good?

    3 years agoby @metalhead9921Flag

  25. Remy72883

    good hopefully these f*cks will do mortal kombat the way it should have been done, most likely NOT seeing how they keep f*cking up everything they touch besides family films

    3 years agoby @remy72883Flag

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