This shouldn't be all too surprising if this turns out to be true. SVG Tribune let slip that a new Mortal Kombat film will start filming by this September. Previously owned by Midway Games, who is now officially owned by Warner Bros. following their swift acquisition (due to an absence of contesting bids), it's not too far-fetched that WB will want to pursue a movie tie-up with the video game franchise.

I kinda feel bad for Midway. They just can't get a break. After getting a US$ 33M bid from Warner last month, here comes another lawsuit that could make the Warner deal fall through.

Whenever we get news from Twitter, we usually get mere hints, rumors, and minor teases. But in his Twitter page, Mortal Kombat's Ed Boon was quite direct when it came to the violence they're gonna be packing into Mortal Kombat 9. For the MK fans out there - here's an encouraging bit of news: there will be blood and lots of it.

After spending 17 years with Midway Games, the Mortal Kombat Team is now in talks with other publishers, looking to abandon the sinking ship. If this pushes through, the bankrupt publisher would lose one of its key assets in its difficult struggle to stay afloat.

It was a month ago when we posted that Midway Games has 50 days to put up US$ 150 million or they'll go bankrupt. Luckily, they have managed to negotiate with its note holders to give them until February to pay for their debt. An additional month doesn't sound like much, but Midway will need all the breaks they can get if they want to stay afloat. Details and more inside.

Finally, some good news for Midway. The embattled publisher has been cleared of the copyright infringement case brought against it by screenwriter William L. Crawford III.

I can already hear the Jigsaw Killer (from Saw) in his deep, murderous voice, "You have 50 days." Midway Games has exactly that amount of time to rack up US$ 150 million dollars or it's game over. So much money in so little time. Is this the end of of the guys who brought us Mortal Kombat? Read more in the full article.

Summer Redstone, chairman of National Amusement, Inc and previously the owning investor of Midway Games, has sold his 87 percent controlling stake for US$ 100,000 or approximately US$ 0.0012 per share. More in the full article.

It looks like nothing is going right for Midway these days. The company has just revealed that its stocks are facing delisting from the New York Stock Exchange. This is just the latest in Midway's ongoing financial soap opera. Layoffs, huge losses, and the resignations of some of its top execs were only a few of the bad news that has plagued Midway these past few months.

It's Unreal Engine 3's fault. This is what the former employees of Midway are claiming after the much publicized downspiral of the publishing company. But how did they pinpoint the technology to be the source of their woes? Find out after the jump.