Midway, the developer of Unreal Tournament III and developer/publisher of TNA iMPACT! have the results for their Q2 results and it's not looking good. Midway lost $34.8M, which is $0.38 per share and that is double what they lost last year in Q2! Ryan O'Desky, interim CFO, blamed the losses on increased development costs, saying that "capitalized product development costs [were] approximately $73.2 million, an increase of $11.6 million from the previous quarter." Another reason Midway may hav...

tyranitar24 via www.gamespot.com »