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Tuesday, 11 March 2008 10:38

Midway files a big loss

Written by Nadan Hadzibeganovic

Image

Very bad business year

 

Midway definitely has their reasons to sing the blues. Their loss in Q4 2007 alone was $29.7 milion, whereas the whole year adds up to $97.4 million dollars.

It’s time to change things, and Midway’s David Zucker knows that, so they’ll soon start an online portal for casual games and commence work on simpler titles for Wii and NDS. Zucker also added that they won’t abandon the investments they’ve made so far, but that 2008 won’t be an easy year.

Last modified on Tuesday, 11 March 2008 15:11
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