Departing Midway CEO bullish on company outlook

by Kyle Orland { Mar 21st 2008 at 11:45AM }

Having to fire a CEO is never a good sign for a company, especially when that company has recently seen massive losses and a board restructuring. But there's still one person willing to defend Midway's business strategy, and that person is, surprisingly enough, departing CEO David Zucker.

To be fair, Zucker was interviewed before his replacement by an interim CEO yesterday, but if he saw the writing on the wall he didn't let it show. "We expect to significantly grow our revenues in 2008," Zucker told GamesIndustry.biz last week, adding that naysayers have been predicting the company's demise for "for five years or so." Zucker emphasized that a combination of investment in new technology and established franchises like Mortal Kombat and NFL Blitz will provide the company's saving grace. That might well be true, but any turnaround will unfortunately come too late to be the saving grace for Mr. Zucker.

Tags: fired, future, Midway, outlook, prediction, Redstone, Viacom, Zucker

Reader Comments (Page 1 of 1)

Blazur @ Mar 21st 2008 11:50AM

Holy crap, I didn't know Bob Sagat has been working as CEO of Midway all this time! That explains why they needed a new host for America's Funniest Home Videos...

Markez @ Mar 21st 2008 11:51AM

Beat me to it, well done. "I SEEN EM!"

DangerMouse @ Mar 21st 2008 11:55AM

yeah, beat me to it as well.

fuck.

Fernando Rocker @ Mar 21st 2008 11:56AM

lol

Curtis the Claw: Brawl Code 1075-0441-3284 @ Mar 21st 2008 12:59PM

Ahhh Ahh Ahh Ahhh Ahhhhhahhhh

What ever happened to predictability?
The milk man, the paper boy, evening T.V.
When did I get to living here? Somebody tell me please
This whole worlds confusing me.

Everywhere you look (everywhere)
There's a heart (there's a heart)
A hand to hold on to.
Everywhere you look (everywhere)
There's a face of somebody who needs you.

When you're lost out there and your all alone
A light is waiting to carry you home
Everywhere you look.

Ahh Ahh Ahh Ahh Chity Chi bob botta