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The bidding is over: Warner Bros. the likely owner of Midway

10:00 PM on 06.26.2009

Barring any thrilling legal stuff, it appears as though Warner Brothers will own Midway Games. The bidding deadline for the oft-troubled publisher ended on Wednesday and apparently Warner was the only participant. Their bid of thirty-three million dollars was made in May -- an epoch ago in Internet time.

As the LATimes blog reports, it’s uncertain as to what exactly Warner will own once the smoke clears. The educated guess is that Warner will get the rights to the vast majority of Midway’s franchises and the Chicago and Seattle studios. Apparently, the Newcastle and San Diego studios are too cool to be purchased.

The legal stuff that may hold this back isn’t pretty: Threshold Entertainment is vying for the rights to Mortal Kombat and Tigon Entertainment is suing for money owed to Vin Diesel for work on Wheelman.

It’s safe to say this isn’t the final word on the Midway Games/Warner Bros. front, but it’s nice to know that it’s at least coming to a close. Live on, Mortal Kombat.
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