Midway financial woes hit Unreal Tournament III, BlackSite: Area 51

Posted Oct 2, 2007 at 10:51PM EST by QJ Staff

Listed in: PS3, Xbox 360, PC Gaming Tags: Area 51, David Zucker, Midway Games

Midway financial woes delays UT III, affects BlackSite: Area 51 shipment - Image 1

Midway Games released an official statement concerning its financial status and some of its most anticipated titles this holiday season. It seems that the delay for the PS3 build of Stranglehold (also on Xbox 360 and PC) is just the beginning as more titles are being pushed back.

First of all, Midway said that it is lowering the total expected sales for BlackSite: Area 51 because of "the adverse impact of the split shipment between the Xbox 360 and the PlayStation 3 systems." There was no word, however, regarding the PC build of the next-gen FPS title.

Aside from that, the PlayStation 3 version of Unreal Entertainment III is also being pushed back to Q1 of 2008. The game was originally expected to ship to retail stores together with the PC build this November. Given these developments, we are uncertain if the timed PS3 exclusivity holds or both the PS3 and Xbox 360 build will ship together.

"While we regret that these delays will cause us to lose some valuable holiday sales in the near term as well as shift revenue for some of these titles out of 2007 and into 2008, we remain confident that our technology strategy and product plan position us to grow both revenue and market share," said Midway Games CEO and President David F. Zucker.

Midway Games originally anticipated a US$ 225 million full year revenue at the end of this year. However, the company has now lowered its expectations to just US$ 170 million.

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are you serious... you can't be.

first of all the ps3 is unusually different to develop for compared to the pc and 360 (i own all 3 systems so i am not partial)

would you rather they rush the game so you can get it by their PROJECTED SHIP DATE or delay it and get it right?

in short, stop being a moron

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Midway financial woes hit Unreal Tournament III, BlackSite: Area 51

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