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Sega revenues rise to $2.7bn

GamesIndustry.biz

Sega Sammy has released its financial report for the nine months ended December 31, 2023, and experienced a rise in overall sales and profit despite a decrease in sales for new titles. Sega Sammy attributed its boost in overall sales and profit to its pachislot and pachinko machines business. Net sales were up 130.3%

Games 128
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Sega cancels Creative Assembly's Hyenas amid "structural reforms"

GamesIndustry.biz

Original story: Sega has cancelled Creative Assembly's upcoming title Hyenas due to "structural reforms."

Studios 111
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Sega Q1 sales up despite lower than expected game sales

GamesIndustry.biz

Sega Sammy posted strong Q1 revenue, despite sales of new games being lower than expected. This is primarily due to the recovery of the companies Paschinko and Pachislot machines business after COVID-19, with sales up 385% year-on-year. Operating income rose 712% to ¥22.5 billion ($123 million). Read more

Games 95
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How do *you* feel about the Activision-Microsoft merger?

Ask a Game Dev

Sega merged with Sammy Corp. in 2004 to form Sega-Sammy. Smaller companies fall on hard times and a larger company offers a rescue. Old leadership grows weary of running the company and someone offers them a big payday. Later they bought Atlus.

Dev 52
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What’s next for Rovio? 7 Questions that Paint the Picture.

Deconstructor of Fun

This week, now that the big news on Rovio is confirmed, we look at the question on the industry’s mind — what’s next for the company under Sega? In Conversation: How Pedro Pascal Become the Face of Merge Mansion What’s next for Rovio after the Sega Acquisition? Sega’s offer represents a 63.1% Missed a previous newsletter?