Month: February 2016

Just a day before releasing their third quarter earnings report, Mad Catz has announced a number of resignations from leadership positions. These include president and chief executive officer Darren Richardson, chairperson Thomas Brown, and senior vice president of business affairs Whitney Peterson. All vacancies have been filled internally.

“We recognize the tremendous value that Thomas, Darren and Whitney have brought to Mad Catz during their tenure and thank them for their many contributions throughout the years,” newly appointed CEO Karen McGinnis relayed in an official statement. “Looking ahead, we are confident that we have a talented leadership team in place that will enable us to steer the Company on a steady course in its operations and financial performance as we look to grow our business and reward our shareholders.”

While previously notorious for shoddy third-party controllers, Mad Catz turned the ship around in recent years thanks to their various competitive products. Many of those who joined the community in 2009 likely transitioned from pad to stick thanks to Mad Catz, and their presence at numerous fighting game events cannot be overstated.

This news comes less than a year after community and sponsorship manager Mark “MarkMan” Julio revealed that he will probably be leaving the company sometime before Evo 2016.

Mad Catz previously conveyed to investors that their financial stability hinged on the success of Rock Band 4, for which they designed numerous peripherals as well as helped distribute. While they enjoyed net sales of $38.9 million during the last fiscal quarter, the company still posted a net loss magnitudes greater than the same quarter in 2013 and 2014.

At this point, it’s hard to determine what this means for Mad Catz, let alone the fighting game community. While arcade sticks are readily available from other manufacturers, their support of players and tournaments alike has been a boon for the scene as a whole. We’ll be sure to keep you updated as more details surface.

Source: Mad Catz via Polygon, NeoGAF

As some of you might already be aware, CW Seed is currently airing a Machinima-produced series focused on ESL’s Mortal Kombat X pro league. By following various participants, they’ve provided a fantastic look into the fighting game community for folks who may not be familiar with competitive gaming.

But that’s not all. An eagle-eyed Test Your Might user recently caught a brief glimpse of upcoming characters Alien and Leatherface during the finale preview. While not heavy on details, the brief glimpses of gameplay reveal the names of one variation for each guest character.

We won’t spend a whole lot of time speculating on what these variations bring to the table (that didn’t work out too well last time), but the icons are pretty interesting. Konjurer Alien may make use of facehuggers, the nasty egg-layers of its home franchise, and possibly has some kind of lunging attack capable of being performed in the air. Killer Leatherface, on the other hand, will apparently put a greater emphasis on his iconic chainsaw.

The series finale of Mortal Kombat X: Machinima’s Chasing the Cup is scheduled to air on The CW next Monday, so stay tuned for more details. You can check out the rest of the series on CW Seed.

Source: CW Seed via Test Your Might