QJ.NET | Videos | Forums | iPhone | MMORPG | Nintendo DS | Wii | PlayStation 3 | PSP | Xbox 360 | PC | Downloads | Contact Us

Midway, SCi/Eidos: big game industry merger part two?

Posted Jan 02, 2008 at 10:36PM by Ceasar S. Listed in: Rumors Tags: Eidos Interactive, Midway Games, Chicago
Ó

Midway, SCi/Eidos: big game industry merger part two? - Image 1 


Rumor has it that Eidos Interactive parent SCi are engaged in talks for a merger with Chicago-based Midway Games. And while this development was news four years ago, it seems that there's a new chance that it may happen this time, after Midway Games just switched chairs to growth-focused chairwoman Shari E. Redstone.

Back in November 2007, SCi announced that they were open to offers for the company - a deal which also carries developer Eidos Interactive into the table. An unnamed inside source revealed that Midway Games was part of those interested, though there weren't any other game entities named.

Now what makes this development very interesting is its timeliness: less than a month ago, Midway Games' former chair Kenneth D. Cron resigned from the board, realigning his life for family and other business interests. Shari E. Redstone, daughter of the company's most dominant shareholder Sumner Redstone, replaced Cron as chair of the board and promised to see the company through its growth process in 2008. In fact, she said:

In 2008, we plan to release an impressive slate of games and I will work closely with management and my fellow board members to continue pursuing exciting growth opportunities for Midway.


We're not sure if this means the deal will push through, but both parties have not commented on the issue as of press time. More developments on this as they happen.

[Via Next Generation] Permalink  |   Email this  |   Linking Blogs   |   Digg It!

Bookmark / Find this article on:

20 Jumps     Serious gaming bling: 24k gold PS3 Slim
12 Jumps     ONN reports: Modern Warfare 3 in the works, features hours of gameplay..
11 Jumps     Netflix service now live on PS3
10 Jumps     Naughty Dog: Vote for your most wanted Uncharted 2 multiplayer playlis..
8 Jumps     FFXIII's November 13 announcement from Square Enix should not be one t..
8 Jumps     Modern Warfare 2 Trophies still blocked?
5 Jumps     Rumor: IO Interactive has a new game that's "unlike anything else"
5 Jumps     Sega reveals Bayonetta Special Edition for Europe
4 Jumps     EA sacks 1,500, cans 12 unannounced projects
4 Jumps     Yoichi Wada: FFXIII US and Europe versions are in the final stages of ..

0 Comments


Sort by:


Contact Us:

The QJ.net Network

RSS Feeds
Site Feed
QJ.NET RSS
Nintendo DS RSS
PlayStation 3 RSS
PSP Updates RSS
Wii RSS
Xbox 360 RSS
MMORPG RSS
Personal Computer Games RSS
iPhone - iPod Touch RSS
QJ.NET Forums RSS
Add QJ.NET
Add to My Yahoo!
Google Reader Subscribe with Bloglines
Add to your Kinja digest Subscribe in NewsGator Online
Subscribe with Pluck RSS reader Add 'www.qj.net' to Newsburst from CNET News.com
Subscribe with SearchFox RSS del.icio.us www.qj.net
Add to Technorati Favorite! Add to My AOL
furl! it Stumble for Treehugger!
User Favorites - November
Most Commented
(81)
(43)
(39)
(35)
(34)
(34)
(30)
(29)
(29)
(23)
(22)
(21)
(21)
(21)
(20)
(19)
(19)
(17)
(17)
(17)
User Favorites - November
Top Jumps
PS3 has outsold the Wii in .. (63)
David Cage: Two reasons on .. (59)
Media Create hardware sales.. (54)
Playing games is top entert.. (53)
OTX findings: Xbox 360 owne.. (52)
Serious gaming bling: 24k g.. (52)
You totally saw this coming.. (51)
Modern Warfare 2 launch tra.. (47)
GameStop: Modern Warfare 2 .. (45)
Pachter: Modern Warfare 2 w.. (44)
"Survival is no game" - T.. (44)
Famitsu hardware sales: Oct.. (42)
PlayStation Store US Update.. (42)
LittleBigPlanet Patch 1.20 .. (41)
New PS3-compatible Sony Blu.. (40)
Iwata: Digital distribution.. (40)
Gran Turismo 5 cost US$ 60 .. (39)
Media Molecule: No sequel f.. (38)
Netflix PS3 streaming discs.. (37)
Criterion's Need for Speed.. (37)
SCEE announces movies hitti.. (36)
Reggie: New Super Mario Bro.. (36)
Activision hires P.I. to bu.. (35)
British MPs find Modern War.. (35)
X gon' give it to...the mu.. (35)

 Username: 
 Password:
Forgot password
New user registration



Categories

Titles
Archives



Use of this Web site constitutes acceptance of the TERMS & CONDITIONS and PRIVACY POLICY
Copyright © 2009, QJ.NET. All Rights Reserved.
Contact Us