They Read GamePolitics in China

February 16, 2009 -

We're unable to translate, but found it interesting that our recent exclusive list of creditors in the Midway bankruptcy case was picked up by a gaming site in China:

到底负债多少? Midway欠账单公布

中关村在线 - 北京市,China
感谢GamePolitics,我们得到了一组Midway破产前夕的外债清单,从这串长长的帐单上,Midway究竟欠了谁的钱又欠了多少大家可以一目了然,这其中既有发行商、零售商,也有 ...

UPDATE: Reader Aaron Mitschelen sent us a much-appreciated machine translation:

Midway's financial situation is in fact not a sharp turn for the worse overnight, and As is, of course, a variety of reasons, but judging by the results, bankruptcy is a fact. However, on the "Mortal Kombat" series of the founders of the specific circumstances of the debtor, before the outside world knows very little about.

Thanks to GamePolitics, we get a group of foreign debt on the eve of Midway bankruptcy list, from this string of long bill, Midway exactly who owes the money owed to the number of U.S. at a glance, which both distributors, retailers, also have investment companies and banks.

But even if these bills are creditors who are not necessarily good day number, for example, the largest creditor Wells Fargo Bank, just report one quarter of a loss of 2.73 billion U.S. dollars ... ..."

 

Posted in

Comments

Re: They Read GamePolitics in China

Here is a human translation (I am a native speaker):

Midway, which only has 50 days away from filing bnkruptcy in last December, finally collapsed. This is the first major video games publisher in United States that bankrupted in the economic crisis.

In fact Midway operation situation was not turn spiral downwards in just one day and there were multiple reasons for that. However, from the current situation, bankruptcy is already certain. Yet, outsider knew little details regarding to the debtors of the creator of Mortal Kombat.

Thanks to GamePolitics we have a list of creditors of Midway before filing bankruptcy. From this long list of bills, we can see whom Midway owed money to. Among those includes publishers, retailes and also investor firms and bank.

Still, the creditors on this list are not particularly good either themselves. For instance the biggest creditors Wells Fargo Bank lost 2.73 million US dollars in their last quarter.

Re: They Read GamePolitics in China

GP is read here in Japan as well.

---------------------------------------------------------------------------

"The most difficult pain a man can suffer is to have knowledge of much and power over little" - Herodotus

--------------------------------------------------------------------------- "The most difficult pain a man can suffer is to have knowledge of much and power over little" - Herodotus

Re: They Read GamePolitics in China

Kinda sucks they haven't joined. That would be interesting.

------------------------------------------------------------------------------

"Game on, brothers and sisters." -Leet Gamer Jargon

-----------------------------



"A Chrono Trigger is anything that unleashes its will or desire to change history!" -Gaspar

Re: They Read GamePolitics in China

Creditors to Midway;

"GET OVER HEREEE..!!!!"

(I am sure I am not the first that came up with this..... oh well)

What will happen to MK franchise? Any Ideas?

...thanks for the translations GP.

______________________________ Because I have NO Life... :P I introduce the following. PSN User ID: FirebirdXR (Yes, I use that moniker often) Xbox Live ID: FirebirdLR (Don't bother, It's a Silver Membership) *Limited Time Only* I put both because I

Re: They Read GamePolitics in China

What will happen to MK franchise? Any Ideas?

I suspect that Sub Zero will step in and freeze all Midway's assets and then shatter them with an uppercut.

Fatality.

That's my guess.

E. Zachary Knight
Oklahoma City Chapter of the ECA
http://www.theeca.com/chapters_oklahoma

Re: They Read GamePolitics in China

Sadly I think it will be much worse than that. Subzero will freeze their assets then sell mk to either ea or disney. I so hope disney buys it, I would love to see donalds arms ripped off by Goro.

Re: They Read GamePolitics in China

LOL, good one, EZK.

On a lighter note;

Scorpion will look for a job, and double for Skeletor.

______________________________ Because I have NO Life... :P I introduce the following. PSN User ID: FirebirdXR (Yes, I use that moniker often) Xbox Live ID: FirebirdLR (Don't bother, It's a Silver Membership) *Limited Time Only* I put both because I

Re: They Read GamePolitics in China

 Here's a much better translation (still machine translated, though):

Midway's financial situation is in fact not a sharp turn for the worse overnight, and As is, of course, a variety of reasons, but judging by the results, bankruptcy is a fact. However, on the "Mortal Kombat" series of the founders of the specific circumstances of the debtor, before the outside world knows very little about.

  Thanks to GamePolitics, we get a group of foreign debt on the eve of Midway bankruptcy list, from this string of long bill, Midway exactly who owes the money owed to the number of U.S. at a glance, which both distributors, retailers, also have investment companies and banks.

  But even if these bills are creditors who are not necessarily good day number, for example, the largest creditor Wells Fargo Bank, just report one quarter of a loss of 2.73 billion U.S. dollars ... ...

Re: They Read GamePolitics in China

here's a rough translation. gotta love online translaters.

 

"How many to be in debt? Midway owes the bill announcement The Zhongguan Village online - Beijing, China thanks GamePolitics, we obtained a group of Midway bankruptcy eve's foreign loan detailed list, from this string long account list, actually Midway to owe whose money and to owe how many everybody to be possible to be clear at a glance, both had the distributor, the retail merchant, also had…"

Re: They Read GamePolitics in China

Hey glad you are getting some recognition out there GP :)

Re: They Read GamePolitics in China

It was also picked up at least one wrestling news site since Midway owed TNA Wrestling.

http://www.wrestlezone.com/article/report-tna-owed-over-100000-by-midway-games-58938

Geaux Saints, Geaux Tigers, Geaux Hornets, Jack Thompson can geaux chase a chupacabra.

Geaux Saints, Geaux Tigers, Geaux Pelicans. Solidarity for the Saints = No retreat, no surrender. 2013 = Saints' revenge on the NFL. Even through the darkest days, this fire burns always.

 
Forgot your password?
Username :
Password :

Poll

Will the FCC preempt state laws that limit municipal broadband services?:

Shout box

You're not permitted to post shouts.
Zenemulator...it's not just a slap job that makes "some" work..they do it for each which is why they work so well. I would rather have the quality over just a slap job.07/30/2014 - 5:48pm
ZenMatthew there is a difference between "worked" and "accurate". You play the Nintendo VC titles they play as damn close to the original as possible. The PSP would just run them as best they could, issues and all. And Masked...EACH VC title has their own07/30/2014 - 5:48pm
MaskedPixelanteOnce again, the 3DS already HAS a GBA emulator, it just can't run at the same time as the 3DS OS.07/30/2014 - 4:54pm
Matthew Wilsonyou cant street pass in ds mode ether, and if moders can make a gba emulator that runs very well on the psp as I understand it. you are telling me that Nintendo devs are not as good as moders?07/30/2014 - 4:49pm
Zenperformance. Halo 1 and 2 worked great because they actually did custom work on each of them...just like Nintendo does now lol07/30/2014 - 4:08pm
Zenexisting hardware while the GBA has to be emulated completely. Same reason the 360 couldn't run most Original Xbox games correctly, or had issues because they just did "blanket approach" for their emulation which led to game killing bugs or horrible07/30/2014 - 4:07pm
ZenSora/Matthew: It's not just Miiverse, but the whole idea of streetpass and things like that would be affected if the OS is not running. And just because a 3DS game can be downloaded and run does not mean that GBA can as easily. Those 3DS games use the07/30/2014 - 4:06pm
E. Zachary KnightSleaker, How is that different from every other credit card company targeting high school and college students?07/30/2014 - 1:40pm
Sleaker@EZK - I think some people are concerned beacuse it's a predatory technique targetted toward younger people that don't understand on top of offering the worst interest rates of any retailer around.07/30/2014 - 11:33am
MaskedPixelantehttp://www.joystiq.com/2014/07/30/europe-gets-long-detained-shin-megami-tensei-4-at-cut-price/ "Sorry you had to wait a year for SMT4, would a price cut make it sting less?"07/30/2014 - 10:29am
NeenekoI would hope not. Though it is not unheard of for store specific cards to be pretty good.07/30/2014 - 8:17am
E. Zachary KnightDoes anyone, or at least any intelligent person, expect a retail branded credit card to be anything close to resembling a "good deal" on interest rates?07/30/2014 - 7:13am
SleakerGamestop articles popping up everywhere about their ludicrous new Credit card offerings at a whopping pre-approval for 26.9% APR07/29/2014 - 10:19pm
Matthew Wilsonhttp://arstechnica.com/tech-policy/2014/07/podcasting-patent-troll-we-tried-to-drop-lawsuit-against-adam-carolla/ the podcasting patent troll scum is trying to turn tail and run.07/29/2014 - 9:50pm
MaskedPixelanteOf course it's improved. At launch, Origin was scanning your entire hard drive, but now it's just scanning your browsing history. If that's not an improvement, I dunno what is!07/29/2014 - 8:59pm
Papa Midnighthttp://www.escapistmagazine.com/articles/view/video-games/columns/experienced-points/12029-Has-EAs-Origin-Service-Improved-Any-Over-the-Last-Two-Years07/29/2014 - 8:25pm
Sora-ChanSo it's just a matter of having better emulation software. If it can be done with a 3DS game, with all the memory and what not it takes up, it can be done with a GBA title through emulation.07/29/2014 - 7:30pm
Sora-ChanOther VC titles for the NES and Gameboy had the same setup where you couldn't access the homescreen without quitting out of the game til a later update when those games were released for the public outside of the founder program.07/29/2014 - 7:28pm
Sora-Chanthe 3DS can, and does, run GBA games, as seen by the founder gifts, which included a number of GBA titles. As for running GBA games and still having access to the home screen, I beleive it's more of the game emulation software needs to be updated.07/29/2014 - 7:27pm
Matthew Wilsonthe 3ds already swaps os's with the original ds. plus I dont think people expect miverse interaction when playing a gba game.07/29/2014 - 6:06pm
 

Be Heard - Contact Your Politician