Sega Sammy reported their financial results for the first six months ending September 30, 2011 this morning and while the company did show some profit for their efforts overall net profit fell by 83.7% from the same time period last year.
SEGA has announced Fearless: Year of Shadow, a campaign that celebrates Sonic the Hedgehog and his brooding acquaintance, Shadow.
GamesIndustry.biz writes: "Relic is best known for the Company of Heroes and Dawn of War games, and recently developed the new Age of Empires for Microsoft. Relic will transition to an independent studio and will no-longer be part of the Sega group of studios.
The majority of the 240 job cuts are across Creative Assembly and Sega Europe, while there will be a ‘small number’ cut from Sega HARDLight. There was no mention of other Sega UK studios, including Two Point Studios and Sports Interactive."
Shame about Creative Assembly, they should have just been allowed to do an Alien Isolation sequel.
It was that garbage coh 3 that did them in only a special team can make a sequel worse in every way even though it was a 10 year gap and the same era.
Two Point Studios and Sports Interactive probably run on a shoe string budget so that fits into SEGA better lol
Sega had such a turbulent existence from the mid-90s to when they dropped out of console manufacturing entirely in 2001, it’s understandable if you’ve never heard of the Genesis Nomad.
OUCH!
1: Release more Sonic
2: ???
3: Profit?
Well, Sega. You deserve this.
All the games you release have horrible dates. Yakuza 3 Was pitted against Final Fantasy XIII, and Resonance of Fate against God of War 3.
Yeah, I love some of Sega's games, but they gotta start considering this shit!
I love how low consumption was 3rd on their list of reasons for this, behind the earthquake and supply chain issues. Pretty sure those first two didn't have as big an impact as putting out subpar games.