Warners Buys Midway Games Rights

Warner Bros. Pictures has landed many of the assets of the now defunct Midway Games via a bankruptcy court fire sale reports Variety.

For a cool $33 million, the studio now own the rights to various popular video game franchises such as “Mortal Kombat,” “Spy Hunter,” “Space Invaders,” “Pac-Man,” “Rampage” and “Joust.” The Chicago-based developer was amongst the first firms to manufacture video games over three decades ago and declared bankruptcy earlier this year.

Warners has not revealed what plans they have in store for potential film development of the properties. A film version of “Spy Hunter” and a long in development relaunch of the “Mortal Kombat” film franchise have both been hampered in recent years in their attempts to get made.