Midway Drops Many Licenses and Cancels Development on Those Games

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MidwayMidway declared that it has decided to terminate its non-core licensing agreements, resulting in the expectation of a considerably larger net loss for Midway's third quarter than was previously expected.
Much of those costs relate to the "mutually beneficial terms" that Midway has reached with its licensing partners, as well as the "cancellation of future versions of related game properties and associated development expenditures."

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This page contains a single entry by Editor published on October 16, 2008 6:52 AM.

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