Report: Midway trying to salvage Ed Boon's promised $1 million bonus
As pillars continue to topple all around Midway, the company has begun to search for new ways to stay relevant, reaching out to one of the last remaining assets left in the struggling publisher's corner. Despite reportedly offering up company darling Mortal Kombat for sale, The Cut Scene reports that Midway hopes to keep series co-creator Ed Boon around -- at least for a while longer -- by continuing to pay bonuses for his role in Mortal Kombat vs. DC Universe and an unannounced series entry in 2009's fourth quarter.
Midway has apparently asked bankruptcy court for approval to pay the designer some $900,000 for sales of last year's comic book crossover. Another $105,000 is promised for other MK franchise revenue to Boon, whom Midway describes as "critical to maximizing the value of one of the Debtors' primary assets." The report suggests that keeping Boon around makes Mortal Kombat more attractive to potential suitors, assuming that he tags along if a company happens to open up its wallet.
Still, critical or not, paying out bonuses seems like a tall order to fill for an outfit that's up to its eyeballs in debt.
Midway has apparently asked bankruptcy court for approval to pay the designer some $900,000 for sales of last year's comic book crossover. Another $105,000 is promised for other MK franchise revenue to Boon, whom Midway describes as "critical to maximizing the value of one of the Debtors' primary assets." The report suggests that keeping Boon around makes Mortal Kombat more attractive to potential suitors, assuming that he tags along if a company happens to open up its wallet.
Still, critical or not, paying out bonuses seems like a tall order to fill for an outfit that's up to its eyeballs in debt.







Get a WordPress.com Blog





Reader Comments (Page 1 of 1)
goldeneyesoldier ( noble prophet of rant and ownage ) @ Mar 3rd 2009 9:39AM
even as epires fall,the mighty bonus reigns supreme.funny economy we have.
goldeneyesoldier ( noble prophet of rant and ownage ) @ Mar 3rd 2009 9:40AM
*empires
baby sea tuna @ Mar 3rd 2009 9:48AM
A mil seems like a lot, but in Boon's defense, he really was responsible for pretty much the only Midway property that sold shit last year. He should a least get some props (and maybe a tug-job from Kitana's mo-cap model) for that.
mikemaj82 @ Mar 3rd 2009 10:13AM
ahh poor guy. he deserves it.
mortegro545 @ Mar 3rd 2009 10:21AM
Is it just me or does this guy look like Sylar's dopey half brother.
warioman64 @ Mar 3rd 2009 12:34PM
I was thinking more of a middle-aged Sylar when I first saw the picture.
Baby J Penn (PSN johnnynumber5) @ Mar 3rd 2009 2:57PM
I was thinking Adam Carolla's older brother.
http://www.genesiscreations.biz/i/Adam_Corolla_headshot.jpg
Freeze @ Mar 3rd 2009 11:16AM
Ed Boon would really fit in the Heroes TV show as Sylar's older brother. Just like Nathan and Peter, there's Ed (character name) and Sylar
dogmaticatheist @ Mar 3rd 2009 11:44AM
If he earned it, he earned it. It's not his fault that Midway is failing. Plus, it's not like he's a CEO who is running the company into the ground.
Shattercross @ Mar 3rd 2009 3:29PM
Honestly, I can't name a Midway game worth buying last year besides MK vs. DC. Even though it was an awesome game, I don't think it had enough momentum to save the company.
BIGGEN (LIVE-PSN: BIGGEN1103) @ Mar 3rd 2009 9:14PM
whatever happened to that "other" MK co-creator?