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Midway: We're not "going out of our way" to sell Mortal Kombat

mortalkombata

You may think that offering huge cash bonuses to execs to offload franchises in the face of bankruptcy was trying quite hard to get rid of the IP involved. Not so, said Midway today.

"We're not going out of our way to sell Mortal Kombat," Geoff Mogilner, Midway's head of investor relations, told Edge.

Midway was reported this morning to be dumping key assets to raise cash. Despite this looking as though Midway is dumping key assets to raise cash, it means, in fact, precisely the opposite.

Mogilner said Midway may keep its properties instead of selling them off in pieces. "That's management's goal, to keep the company together."

So just remember. When you tell someone you'll give them a massive amount of money to sell something, what you're really trying to do is not to sell it. See how that works?

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Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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