Midway to sell Mortal Kombat franchise
Things haven’t been great for Midway. After being delisted by the New York Stock Exchange and filing for bankruptcy, they’re apparently open to the idea of selling their most popular IP, Mortal Kombat.
Interestingly, the news comes in the form of a plan for an employee incentive program to reward employees for helping the company meet certain goals. Two of the three goals involve selling off the Mortal Kombat franchise:
Milestone: Either (i) execution of an asset purchase agreement for the sale of Midway’s Mortal Kombat franchise assets or (ii) submission by Midway of a plan of reorganization to continue as a going concern.
Milestone: The earlier to occur of (i) confirmation of a plan of reorganization or liquidation or (ii) closing of a sale of Midway’s Mortal Kombat franchise assets.
To the average gamer, it sounds a lot like selling your house to buy food. We’ll see how this works out for Midway.

