Midway has announced that it will be merging its San Diego and Los Angeles Studios by this September. Among other things, this merger may have a direct effect on the work of the development team behind TNA iMPACT! (Microsoft Xbox 360, Sony PlayStation 3, Nintendo Wii). Further details on this announcement are available in the full article.

It's always a bit daunting (in a good way) to see the quarterly financial figures of your favorite gaming company, and it's the same here, as Midway Games has just posted its numbers for the first quarter of 2008. Sure, they're still losing quite a bit of money, but they're also making quite the killing when compared to previous quarters. In any case, all the numbers, facts, and figures after the jump. Bring your own calculators.

EA Sports can be considered one of the strongest brands in the video game industry. Peter Moore, the president of EA Sports, recently spoke about the image of his company, its current stand on acquisitions, as well as his experiences of working at Electronic Arts as the president of one of their labels. If you're interested to hear what he had to say, head on over to the full article.

If fists to the face and elaborate throwdowns get you giddy, TNA iMPACT! (Microsoft Xbox 360, Sony PlayStation 3, Nintendo Wii) is probably on top of your most awaited games list. Thing is, Midway Games just announced that you'll have to wait longer. To make up for it, several explosive wrestlers have been confirmed to be in the game. Drop-kick your way to the full article to learn more.

Today appears to be Rumor Day. On one hand, we've been told that the next installment of Midway's Mortal Kombat series is a crossover entitled Mortal Kombat vs DC Universe. And now, it seems that this same game will reportedly have little-to-no blood and no fatalities. More rumor mongering ensues in the full article after the jump.

Crossovers - it's the stuff of fanfiction and occasional mainstream work like Alan Moore's "League of Extraordinary Gentlemen." Midway,  however, seems to be hinting at something similar for the next installment in the Mortal Kombat series. More universes collide in the full article, right after the jump.

Are you guys ready to rumble? Midway Games' TNA Impact is bound to get you floored, and we have the Exclusive Features trailer to show you why. Check out all the fun stuff you can do in-game over at the full article after the jump.

Midway Games' TNA iMPACT (Microsoft Xbox 360, Sony PlayStation 3, Nintendo Wii) is looking really good judging from the recent screenshots the developers of the game have released. If you're in the mood to see some high-flying, body slamming, toe-dropping action, head on over to the full article.

Midway Games has been on a bit of a slowdown as of late with lukewarm reception on some of its releases, controversial resignations, and so-so financial results. The company seems to have felt the need for a change in leadership, prompting old CEO David Zucker to resign and for Interim CEO and President Matthew Booty to take over. Details on the move are available in the full article after the jump.

Right after publishing its financial report for Q4 of 2007's fiscal year, Midway Games has released another announcement: It is switching credit lines. The proceeds from the new credit facility will be used as working capital, among other things. Check out the full article for more info.