Sega To Bank On Existing IPs In Wake Of 2018’s ‘Significant’ Drop In Profits
After taking a major hit in 2018, Sega has decided to turn back to its roots and rely on the classic IPs it’s known for.
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Sega plans to stick with what it knows going forward following significant profit losses during the last financial year.
If you have been gaming for as long as we have, you will undoubtedly remember a time when Sega was an unmitigated gaming powerhouse. The console battles of the late 80s and early 90s were contested between Sega and Nintendo, with the Genesis holding a place in the heart of many gamers until this day.
Sega might not be the gaming superpower it once was, but it is still incredibly relevant in the current landscape. However, as reported by TweakTown, it runs the risk of slipping even further down the pecking order. That’s due to the company suffering through a pretty terrible financial year in 2018. Sega’s profits dropped by a whopping 70% during those 12 months. Not good.
The veteran company has a plan though, and we think it’s a good one. It’s a simple one too. It’s going to stick with what it knows. Sega still has much-loved franchises to its name such as Yakuza, Persona, and, of course, Sonic. You can expect to be seeing a lot more from those franchises as well as others Sega is famous for, likely in the form of remasters and re-releases as well as brand new chapters.
Despite the last financial year being poor for Sega overall, its business in the PC realm actually did pretty well. That’s why you can also expect to see more of the company’s titles shift over to that platform as we move forward. It has also hinted at including a lot more multi-platform titles and even mentioned future games being released on the PlayStation 5.
Despite the bad news, Sega seems to be putting on a brave face and marching forward. Rather than panicking about what it has done wrong, it is cherry-picking the things it has done right and marching forward. The company hasn’t been around for as long as it has for nothing. Those in charge know what they’re doing and know what course to take when times are tough.
Josh has been gaming for as long as he can remember. That love began with a mild childhood addiction to the Sega Genesis, or Mega Drive since he lives in the UK. Back then, Sonic 2 quickly became his favorite game and as you might have guessed from his picture, the franchise has remained close to his heart ever since. Nowadays, he splits his time between his PS4 and his Switch and spends far too much time playing Fortnite. If you’re a fan of gaming, wrestling, and soccer, give him a follow on Twitter @BristolBeadz.
Link Source : https://www.thegamer.com/sega-existing-ips-2018-significant-drop-profits/