| Business Summary | | Midway
Games,
Inc.
is
a
leading
designer,
publisher
and
marketer
of
interactive
entertainment
software
played
in
both
the
coin-operated
and
home
video
game
markets.
Since
the
late
1970s,
the
Company
has
released
many
of
the
industry's
leading
games,
including
Mortal
Kombat
(this
line
of
games
has
sold
over
17
million
copies
in
the
home
market),
NFL
Blitz,
Hydro
Thunder,
Cruis'n
USA,
Cruis'n
World,
Rampage,
NBA
Jam,
Joust,
Defender,
Pacman,
Space
Invaders,
and
Ready
2
Rumble
Boxing
and,
through
its
subsidiary,
Midway
Games
West
Inc.
(formerly,
Atari
Games
Corporation),
such
leading
games
as
San
Francisco
Rush
Extreme
Racing,
Area
51,
Gauntlet,
Centipede,
Asteroids
and
Pong.
The
Company's
games
are
available
for
play
in
arcades
and
other
establishments,
such
as
restaurants
and
movie
theaters,
and
on
all
major
dedicated
home
video
game
platforms,
including
those
of
Nintendo,
Sony
and
Sega. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Midway
Games
Inc.
designs,
publishes
and
markets
interactive
entertainment
software
played
in
both
the
coin-operated
and
home
markets.
For
the
nine
months
ended
3/31/01,
revenues
decreased
52%
to
$148
million.
Net
loss
totalled
$38.8
million
vs.
income
of
$18.7
million.
Revenues
reflect
decreased
unit
sales
due
to
the
transition
from
32
and
64-bit
to
128-bit
consoles.
Net
loss
suffered
from
increased
R&D
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Neil Nicastro, 43 Pres,
CEO, Chairman, Chief Operating Officer, | $736K | Byron Cook, 46 Vice
Chairman | 329K | Harold Bach, Jr., 68 Exec.
VP of Fin., CFO, Treasurer, | 315K | Kenneth Fedesna, 50 Exec.
VP--Product Devel., Director | 328K | Michael Ribero, 44 Exec.
VP--Publishing | 630K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|