Midway seeks $40 million from National Amusements for manufacturing
by Alexander Sliwinski 
on Sep 22nd 2008 11:40AM
Cash-strapped
Midway is so
down in the dumps lately that it has
struck a deal for $40 million from National Amusements to help pay for the
manufacturing costs of the company's holiday lineup. National Amusements, which owns and operates movie theaters around the globe, will help the company in producing
TNA iMPACT!, Blitz: The Leagues II and
Mortal Kombat vs. DC Universe.
Midway recently
lost a trio of executives and
fired around 100 people as it hit losses of almost $70 million in just the first two quarters of this year. Hopefully, the Christmas cash will give the company some bigger spoons for scooping the water out of the ship.
