We knew Midway's demise was a sad and shameful whimper, but today is the day where its dignity truly died. It's been revealed that Midway's managing director for Europe Martin Spiess has bought the firm's UK and France offices for a single Euro. That's less than a quid. Under two bucks. Whatever your currency, it went cheap. Supercheap.
The true cost, however, comes with certain obligations stemming from Midway's demise, most notably "a payment of approximately One Million Seven Hundred Thousand Dollars ($1,700,000) from [Midway Games Limited] to [Midway USA]." Spiess has ninety days to sell any Midway stock that his company has as well. The actual offices may have come at a bargain price, but Spiess has his work cut out for him.
Quite what Spiess has up his sleeve is anyone's guess at the moment. In the meantime, this is just another chapter in Midway's grim saga. Quite a strange one at that.
Jim Sterling serves as reviews editor for Destructoid.com, head of the Podtoid podcast, and produces a number of news stories, original features, one-of-a-kind videos. With his passionate argumentative style, controversial opinions, harsh delivery, and dedication to brutal honesty Sterling is a name that you can't help but recognize.
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Contest:
11:40 AM on 08.12.2009
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After winning Midway he next got a chance to win.......A NEW CAR!!!!!!!!!
Yeah what the fuck that was the first thing I noticed, I didn't know they added us to the map. It doesn't look like Sweden is a giant dick with giant Finland balls anymore =(
http://www.eurocoins.co.uk/images/2002eurozone1eurorev240.jpg
That's sad really. Midway's greatness and legacy being sold for the price of a movie rental here in Mexico
For it is going south, you see! That is to say, becoming worse, as it were!
And Midgetsnowman, where did you hear that WCW was sold for just a few dollars? I was a huge wrestling geek back when WWF bought WCW, if it was just for a few dollars I think I would have heard about it.