Disney acquires Wideload Games

Disney acquires Wideload Games
Disney has announced yet another acquisition deal.
The company recently announced that they were acquiring Marvel.
Disney is now buying Wideload Games which is based in Chicago.
The two companies did not reveal the financial aspects of the deal.
Wideload CEO Alexander Seropian would now join Disney as Vice President of Creative [...]

Warner Bros. Entertainment bids for Midway Games

Warner Bros. Entertainment bids for Midway Games
Warner Bros. Entertainment has announced that they are launching a bid for the videogame company Midway Games.
Their offer is worth around USD 33 million.
Midway Games is behind some popular videogame franchises like Mortal Kombat. The company had filed for bankruptcy protection earlier this year.
Warner is not interested [...]

Midway to Cancel Project in Austin Studio, Optimize Product Development Resources

Studio Will Remain Open To Host Central Outsourcing Group and Two Unnamed Prototype Projects
Midway Games Inc. (NYSE: MWY) today announced that it has canceled an as-yet-unannounced project in production in its Austin, TX, facility, and as a result Midway will have a reduction in force of a portion of the affected development team. The [...]

EA’s CEO to Present at the William Blair 28th Annual Growth Stock Conference

Electronic Arts, Inc. (NASDAQ:ERTS) today announced that John Riccitiello, Chief Executive Officer, will speak at the William Blair 28th Annual Growth Stock Conference on June 17, 2008 in Chicago, Illinois. During the course of this event, Electronic Arts may disclose material developments affecting its business and/or financial performance. An audio webcast will be available on [...]

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