Pete_LeGrant April 24, 2009 Entertainment, Industry 3 views Comments Print This Post  Email This Post

MCV reports:

Reliable trade sources have informed MCV that Warner Bros is readying a potential bid for Midway Games.

It is thought that the LEGO publisher is particularly keen to acquire Midway’s flagship Mortal Kombat and Stranglehold franchises, as well as its retro IP such as Gauntlet, Joust and Galaga and a modern casual game roster including Game Party and Touchmaster.

MCV understands that Midway is keen for Warner to match its target sale price of $30 million but that it may yet sell off its owned IP and studios separately.

A source close to Midway told MCV: “Warner is pretty confident that they will get Midway, which will be an immediate boost to their portfolio. The deal isn’t done yet. Midway is still open to offers from other potential buyers, but Warner looks to be favourite to wrap it up. They look ready to put the money on the table.”