Warner Bros. Buys Midway

Variety has reported that a Delaware bankruptcy court judge last week gave the green light for Warner Bros. to purchase bankrupt video game developer Midway for $33 million.

Midway Games made a name for itself in 1978 with the arcade game "Space Invaders." The game was a huge hit and helped the company to further develop video game titles such as Tron, Ms. Pac Man, Spy Hunter and Mortal Kombat.

With access to all those video game licenses, will this spark the birth of a new Hollywood genre? Does this spell the decline of the much lauded "graphic fiction" (aka comic book) genre?

Could a reboot of "Mortal Kombat" be in our near future?
We'll see.

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