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Midway selling off Mortal Kombat rights

mortalkombat

Midway is seeking an "execution of an asset purchase agreement for the sale of Midway's Mortal Kombat franchise assets," according to court documents posted on NetDockets.

$3,755,000 in bonuses has been set aside by the struggling firm for those that manage to offload rights, one of which was for Wheelman, recently picked up by Ubisoft.

And where do you get nearly $4 million when you're bankrupt? You withhold previously promised PTO payment to employees. Genius.

We may not have the keenest business minds in the universe, but selling the things that make you money in return for small amounts of money probably only leads one way.

Thanks, Kotaku.

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Patrick Garratt avatar
Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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