50°

Midway Q4 Losses Rise Nearly $28 Million

Publisher and developer Midway has released the results of its holiday quarter and full year, showing Q4 sales falling to $77.6 million, and losses rising considerably from $2 million in 2006 to $29.7 million, with execs saying the company has "overcome many of [its] technology hurdles" for a "smoother" 2008.

The company did trumpet the achievement of its Epic co-release of Unreal Tournament 3 for PC and PlayStation 3, which it notes has shipped over a million copies worldwide, and took home a number of awards, as did its The Lord of the Rings Online: Shadows of Angmar.
Alternative Sources:
Midway Posts Loss for 2007,... - gamedaily.com | By: TnS
Midway Full-Year Losses Nea... - next-gen.biz | By: TnS
Midway reports $97.4 millio... - gamesindustry.biz | By: Cyrus365
TnS - supercontributor
Published: 485 days 15 hours ago | News | PlayStation 3 | PC | Industry News
 
 
 

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