Industry NewsSega 7.1 billion yen loss, kills games, shrinks company
VOX Games - March 30, 2011
Submitted by afsplat (133)
at 7:56AM PST on March 30, 2012
Citing the challenging economic climate and changes in the video game market in the U.S. and Europe, Sega Sammy this morning said it expects Sega's operating losses for the previous year to reach into the billions of yen and that they need to cancel game development and shrink the company.