Midway’s assets sold to Warner Bros. for $33 million
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by Peter Ha on July 2, 2009

spy_hunter

Troubled Midway has found itself a buyer in Warner Bros. and the movie studio also picked up an additional two dev studios in Chicago and Seattle. A Delaware bankruptcy judge approved the $33 million sale today that includes the rights to Mortal Kombat, Joust, and Spy Hunter.

Who knows what WB will do with the Midway assets, but Mark E. Thomas turned his $100,000 investment into $5 million.

LA Times via Chicago Tribune

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