Things are looking a little blue for SEGA as the company’s revenues are down eight percent. Net sales and profit are both down for SEGA, and the company also announced that it has canceled its upcoming sports simulation game Football Manager 2025. SEGA stated that it was having trouble “ensuring significant product quality expected by the March release” as the reason for axing the game.
While net sales were down 8.1 percent, not all is dour for SEGA. The company’s Entertainment Contents division was up a whopping 88 percent thanks to the wild success of Sonic the Hedgehog 3. Throw in Sonic X Shadow Generations also doing solid numbers, and it really look like the Blue Blur is doing a lot of the heavy-lifting for SEGA this past year. Hopefully things will turn around for SEGA, as it, Square Enix, and many other video game companies have been having a rough time the past year (and beyond).
Source: GamesIndustry.biz