GameDaily reports that Midway announces having come to a "mutually beneficial" agreement with licensing partners for the "cancellation of future versions of related game properties and associated development expenditures." It's not clear which licenses would be affected, but the publisher says this move will increase its projected losses for their just-completed financial quarter, but is intended to help the company's results in the future. They quote Midway interim CEO and president Matt Booty saying, "The resolution of these licensing arrangements on good terms for the company is a very positive step as we continue to review Midway's involvement with underperforming projects and focus on our core properties."