Sega Will Reduce Number Of New Digital Releases After Facing $17 Million Loss

Will now focus on existing IPs.

Sega is set to dial down the number of digital games it develops after seeing lower-than-expected results from that particular area of business last year. Instead, its focus will shift towards its existing IPs.

Sega Sammy Holdings, Sega's parent company, has said that its digital games segment fell "significantly below the initial plan" in its recent annual financial briefing. GamesIndustry.Biz reports that Sega has attributed this to both external factors - including intensified competition in the domestic market - and internal factors such as a lack of hits and various delays which saw four of the 12 digital games planned for the period be pushed back.

Read the full article on nintendolife.com



from Nintendo Life | Latest Updates http://bit.ly/2GWfMJ5
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