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 :

Shout box

You're not permitted to post shouts.
MattsworknameConster, I vet what your saying, but lets not bring up Baltimore, that place had a very bad week.05/03/2015 - 5:48pm
MattsworknameFair enough Infophile, regardless of my own issues with the gaming industry and press, im just sorta tired of the whole GG thing as it is. it just seems pointless now you know?05/03/2015 - 5:46pm
ConsterThe trolls hiding behind GG may be too busy pretending to be looters in Baltimore right now.05/03/2015 - 3:32pm
InfophileWhich is to say, GG isn't people writing articles about GG; it's the swarm of people lashing out. That's still going on, even if not as many articles are being written about it05/03/2015 - 7:32am
InfophileIt's not about the articles, but about the people receiving threats. Found an article from just last week which says Zoe Quinn is still receiving daily threats: http://www.bostonmagazine.com/news/article/2015/04/28/gamergate/05/03/2015 - 7:31am
Mattsworknameup hating the game industry on a more general level .05/03/2015 - 7:25am
MattsworknameIts funny, you know what i just realized, I love video games, and I hate the industry that has been forged around them. I hate the big name publishers, the press, all that jazz. But I still love gaming. that kinda sucks that I love games and still wind05/03/2015 - 7:25am
MattsworknameIt's like teh whole thing just went quiet.05/03/2015 - 6:28am
MattsworknameInfophile, I haven't really seen much activity either way, other then a few minor articles here or there, its like GG just sorta went dormant. I dont deny that I have some concerns with gaming press and industry, but I followed GG the last few months05/03/2015 - 6:28am
Infophile@Mattsworkname: It's more of a case that many media outlets have lost interest in their usual actions. "GamerGate still viciously harassing Zoe Quinn" isn't exactly news. Even if they are. *puts on sea lion hunting gear* Come at me, GG! I dare ya!05/03/2015 - 4:40am
MattsworknameAs much a I have some of the same concerns GG supposibly crusades against, i was really under the impression GG had sorta gone into dormantcy , it had been kinda quiet the last feww months05/02/2015 - 7:42pm
Matthew Wilsonhttps://www.youtube.com/watch?v=3bxcc3SM_KA if you guys haven't seen it, john oliver goes after patent trolls.05/02/2015 - 6:50pm
Matthew Wilsonwhile I dont like the guests, who ever did this is stupid. I can understand not liking GG, but come on.05/02/2015 - 6:17pm
Wonderkarpwell how about that shi.....poop05/02/2015 - 6:07pm
Andrew EisenKotaku caught it. Ran the story an hour ago. http://kotaku.com/gamergate-meetup-evacuated-after-apparent-threat-170176164505/02/2015 - 5:36pm
Wonderkarpevent was treading pretty hardcore on twitter last night. course thats just twitter. I'll agree with you if it does get reported05/02/2015 - 5:25pm
Andrew EisenAwkward wording on my part but "event" was referring to the bomb threat. It's silly to chastise mainstream press for not covering something that happened a mere 12 hours earlier, well after close of business on Friday, at a gathering very few knew about.05/02/2015 - 5:14pm
Wonderkarpthey arent "uppity" over the event not being covered. they are uppity over the harassment/bombthreats not being reported.05/02/2015 - 5:09pm
Andrew EisenWe've known that for quite a while now but I agree, completely cutting the feature is not a good move.05/02/2015 - 3:49pm
Matthew Wilsonhttp://www.vg247.com/2015/05/02/splatoon-multiplayer-online-shooter-wii-u/ excuse my language, but I call bullcrap. enough with this crap Nintendo its stupid.05/02/2015 - 3:27pm
 

Be Heard - Contact Your Politician