Click to Skip Ad
Closing in...

Time Warner readies play for Midway

Midway, maker of everyone’s favorite cute and cuddly franchise Mortal Kombat, has not had a smooth run of late. To recap Midway’s recent plight in one sentence: In December, Sumner Redstone sold his 87 percent stake in Midway for all of $100,000 and the company proceeded to file for bankruptcy in February. Yikes. The creator of a bazillion Mortal Kombat titles isn’t dead in the water just yet however, as several companies are reportedly preparing acquisition bids. One such company, according to Bloomberg, is Time Warner — maker of both Mortal Kombat motion pictures. Hey didn’t one of those win an Oscar? No? Time Warner seemingly won’t have much competition as Bloomberg reports Midway expects less than five bids. Regardless of the outcome of this debacle, the phrase “Finish Him” will hold a special place in our hearts forever.

Read

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.