Today, Midway Games Inc. (NYSE: MWY) filed "voluntary petitions" in U.S. Bankruptcy Court for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The filing does not include the company’s non-U.S. operations, which will continue business as normal -- which the German branch has just confirmed by e-mail. more...

It seems like all hope is lost now for the German publisher 10tacle. Today the publisher of games like (among others) the GTR racing series, the strategy title War Front: Turning Point and the successful adventure Jack Keane had to file for bankruptcy. more...

What started out as a faint rumor seems to get more and more substance with every passing hour. Officially it's still a rumor, but it seems that the Flagship Studios hit an iceberg and are now sinking. more...