3 posts and columns on Mortal Kombat

Machinima's Latest $5 Million Round Doesn't Reflect Its Big-Money Valuation

in Commerce on April 25, 2011 at 7:18 pm PT

Machinima, which is mixing the art of film-making and game development in an attempt to build a new media empire, is close to raising a round worth roughly $5 million. But despite the round’s petite figure, make no mistake that the Los Angeles-based company has blockbuster-sized ambitions and a valuation to match.

Sumner Redstone’s Black Friday Sale: Unloads Midway Games for Spare Change, Tax Benefit

in Media on December 1, 2008 at 4:05 am PT

You think you got a good deal on an HDTV last week? Talk to Mark Thomas, who just picked up videogame company Midway games for 99 percent off on Friday. The seller: Sumner Redstone, who is desperately trying to sell off everything except his shares in CBS and Viacom in order to restructure a looming debt load.

What's Up With Midway Games?

in News on July 21, 2008 at 12:20 pm PT

Midway Games (MWY) shares have jumped 33 percent in the last two sessions for reasons that are not entirely obvious. There’s been no real news from the struggling video game maker that would explain the move.