Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 16, 2021
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Midway Moves  Wheelman, Vegas  To 2009

Midway Moves Wheelman, Vegas To 2009 Exclusive

August 5, 2008 | By Leigh Alexander




As Midway's losses mount, the company's recently-released quarterly results also show that it has moved two of its upcoming titles, The Wheelman and This Is Vegas, into 2009.

Former CEO David Zucker once called Wheelman, which stars actor Vin Diesel, a signature release for 2008, while Alan Patmore of Midway-owned Surreal Studios implied the aim of a "deeper" experience for open-world console title This is Vegas than in competitors Grand Theft Auto and Saints' Row.

The delays come as Midway reports a $34.8 million net loss for the three-month period that ended June 30, 2008, a shortfall that represents a 143 percent increase year-over-year from the Q2 2007 loss of $14.3 million.

"Notwithstanding the game slips and the likely delay of a return to profitability for another year, we remain cautiously optimistic that Midway will perform better in 2009 than it is expected to perform in 2008," said Wedbush Morgan analyst Michael Pachter, who also said that "the low point in Midway's turnaround story" is behind it.


Related Jobs

Square Enix, Inc.
Square Enix, Inc. — El Segundo, California, United States
[01.15.21]

Manager, Retail Promotions
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[01.15.21]

Programmer
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[01.15.21]

Producer
Insomniac Games
Insomniac Games — Burbank, California, United States
[01.13.21]

Content Artist









Loading Comments

loader image