Midway Games was the name to which Midway Manufacturing Company was renamed on September 23, 1996. It made its initial public offering of stock in 1996, and WMS spun off its share of stock in 1998, making Midway an independent company.
Midway filed for Chapter 11 bankruptcy on February 12, 2009. On June 1, 2009, its main studio in Chicago was branded Midway Chicago to differentiate it from the other Midway studios.
On July 1, 2009, Warner Bros. Interactive Entertainment acquired most of Midway's assets.
Warner Bros. closed most of the Chicago headquarters of Midway Games, as well as Midway Studios - San Diego and Midway Studios - Newcastle. However, it kept the Midway Chicago studio, which it renamed WB Games Chicago, although most of the staff who did not work on the Mortal Kombat series were laid off.
On April 20, 2010, Warner Bros Games reincorporated WB Games Chicago as NetherRealm Studios, which was named after the NetherRealm universe seen in Mortal Kombat games.



