Game development news

Midway revenues at $157.2m for 2007, but losses grow to $97.4m

Midway yesterday reported its 2007 full year and Q4 financials, reporting revenues down just under $10m to $157.2m for 2007 and with losses growing to $97.4m, up from $77.8m year on year. The firm announced that it had enterted into a new $90m credit agreement with National Amusements, terminating its …

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