Midway NOT acquired by WB, to shut down in 60 days

It appears recent reports of Warner Bros. buying Midway and saving them from the brink of bankruptcy were incorrect. Midway has confirmed this morning that the studio was not picked up by Warner Bros. and they have 60 days until they’re out of work.

If there’s anyone looking to pick up one of the remaining studios you’ll have roughly 2 months to do so:  Midway Newcastle (Wheelman, Necessary Force), Midway San Diego (TNA) and of course Midway Chicago (Blitz, NBA Ballers) come to mind.

“We had a court hearing yesterday and the end result of that is the sale was approved and the closing will occur within the next 10 days, since we didn’t get any bids for the San Diego assets, we actually gave the employees a required 60-day warning.”

Midway remains positive on the San Diego studio, saying, “For now those employees are continuing to work and it’s still entirely possible that a bidder could come in and acquire the San Diego assets.”

I’m quite interested in seeing what becomes of the Mortal Kombat franchise, what with the recent confirmation that MK9 was in development.

Story courtesy of Joystiq