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The Soap Opera Of Midway

Written By mista sense on Thursday, April 30, 2009 | 6:53 AM


About this time last year, Electronic Arts' (ultimately unsuccessful) bid for Take-Two was splashed all over our news headlines, and we here at SVGL had fun imagining a melodramatic soap opera conflict going on behind the scenes -- even though EA boss Riccitiello told me that the entire head-to-head was less dramatic than most people think.

Still, drama is fun. And this year, one of the current major news items is the tangled, ugly fall of oldschool scion Midway, whose goose is all but cooked these days.

You guys know Gamasutra has former Edge writer Kris Graft on staff now, right? That means that we get cool stuff like this -- Graft's in-depth analysis of the company's complicated course toward millions of dollars in the red. If you're bored reading things about delistings, bondholders, buybacks and burdens, I highly recommend you check out his work here. This is a real soap opera, no imagination required!

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