Posts tagged david-zucker 
Midway execs found not guilty in conspiracy suit
You know how this works: You're a shareholder in a major company -- let's say a major video game publisher like ... Midway Games -- and while the suits assure you that, despite lagging sales and a lousy portfolio, everything's going to be "OK!" Things started looking dodgy when CEO David Zucker a...
Midway owes millions to Epic, NBA, Warner Bros and many more
GamePolitics went digging through Midway's Chapter 11 bankruptcy records and found the company has $281 million in liabilities, with only $167 million in assets. The real eye opener, however, is the list of Midway's top 30 creditors. Just a small sampling: Wells Fargo Bank - $150,000,000 Nat...
Midway's losses tallied up under Sumner Redstone's watch
Following yesterday's public resignation of Midway CEO David Zucker (no, not that David Zucker), Variety crunched the video game publisher's numbers after media titan Sumner Redstone's acquisition of the company in 2004. At that time, Redstone said, "Midway is clearly a second-tier producer, but i...
UT3, Stranglehold sell more than a million worldwide
It's silver lining time. Midway Games, which misplaced nearly $100 million in 2007, has announced that despite leaking money like a rusty sieve, two of its most prominent releases last year, Unreal Tournament 3 and Stranglehold, each managed to sell through more than a million units globally. The...
Unreal Engine issues cause Midway's PS3 delays; prompt release dates for '08 promised
Underneath the depths of a crater-sized hole left from their earlier Unreal Tournament 3 PS3 delay, Midway CEO David Zucker also made a rather bold statement about Midway's future Unreal Engine-based PS3 releases. Citing "technical issues of the Unreal Engine 3.0" as the main culprit for the PS3 d...
