Midway Games Placing Bets on Quality

Stock quotes in this article: MWY , ERTS , VIAB , ATVI , TTWO , TWX  

Q: You have a wide library of classic arcade games. What are your plans for using those?

We're annualizing Mortal Kombat, the fighting game. This fall we have Mortal Kombat: Shaolin Monks, which is a game we're very excited about. It's an action-adventure game. We plan to alternate -- generally over time, alternate fighting with an action-adventure game in the Mortal Kombat universe. We have LA Rush, which is the most requested Midway title to bring back. It's a game that's coming along very well for this fall. We're bringing back Gauntlet, of course, in Q4. We'll continue to mine those. We have Spy Hunter for next year. If it makes sense, we'll continue to leverage the franchise value.

Q: Sumner Redstone has a huge stake in Midway at this point. What is the future of that relationship between Midway and Redstone and Viacom (VIA.B Quote), which he heads?

Sumner's our largest shareholder. He's very supportive. He's obviously a big believer in the video-game business, a big believer in Midway Games and our long-term strategy.

[But] our kids business really is centered around The Cartoon Network. So, we've got a big deal with Warner Bros. We're doing one of the big CGI films for next year. We hope to work with Paramount and some of the Viacom entities as well. ... We're working with all the big studios.

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